MULTIFAMILYRADAR
12-Unit Multifamily in Lindale, TX, photo 1
High yieldStabilized
$1,000,000

12-Unit Multifamily in Lindale, TX

TX · listed Jul 24, 2026 (96 days)

Price per unit compared
This property$83K
Within ~40 mi (26)$141K
Texas median (1,196)$92K
$/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.

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