
12-Unit Multifamily in Lindale, TX
TX · listed Jul 24, 2026 (96 days)
- $/unit
- $83,333
- ▼ 10% vs TX · 42nd pct
- Cap rate
- 10.9%
- ▲ 3.5 pts vs TX median
- Gross yield
- —
- Units
- 12
- 2025
Financials
- Asking price
- $1,000,000
- Price per unit
- $83,333
- Price per sq ft
- $2,778
- Gross rent / year
- Not stated
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- 10.9%
- Gross yield
- Not stated
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 12
- Unit mix
- 12 boutique-style cottages
- Buildings
- Not stated
- Year built
- 2025
- Building size
- 360 sq ft
- Avg unit size
- 30 sq ft
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Jul 24, 2026
- Days on market
- 96 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 1597
About this property
Exceptional Investment Opportunity! Own a fully occupied portfolio of 12 boutique-style cottages in the growing Lindale market. Situated on approximately 1.3 acres, this turnkey investment offers immediate cash flow with all units currently leased, making it an ideal addition to any investment portfolio. Each well-maintained home features 1 bedroom and 1 bathroom, providing an attractive, low-maintenance rental product with strong occupancy. The property has been meticulously maintained, allowing a new owner to step in and start collecting income from day one. With an approximate 10.9% cap rate, this rare offering delivers exceptional returns and long-term income potential. Whether you're an experienced investor looking to expand your portfolio or purchasing your first income-producing property, this is a unique opportunity to acquire a stabilized, cash-flowing asset with immediate upside. Call today to schedule your showing.
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
New construction | $6.5M | $135K$135K | 4.1% |
▼ 2% cutStabilized | $2.7M | $180K$180K | 8.5%gy |
Lindale, TXNew | $2.7M | $180K$180K | — |
Tyler, TXOwner financingValue-add | $1.65M | $183K$183K | 5.8% |
Tyler, TXNewStabilized | $2.95M | $246K$246K | 9.9%gy |
Stabilized | $3.1M | $388K$388K | 6.4% |


