12-Unit Cottage Multifamily
For Sale
$1,000,000
19883 County Road 452, Lindale, TX 75771
Fully leased cottage-style residences create a stabilized multifamily rental property in Lindale.
Property Size360 SF
Lot Size1.30 Acres
Price / SF$2,777
Days on Market20
Property Features for 19883 County Road 452
General Information
Standard status
Active
Size
360 SF
Lot size
1.30 Acres
Property subtype
Residential Income
Occupancy
100%
Units
Unit Mix
12 x 1BR/1BA
Multifamily Units
12
Additional Details
Cap Rate
10.9%
Taxes and HOA fees
Annual Taxes
$7,254
Listing Agency:
Century 21 First Group - Lindale
(903) 360-5477
Listed By:
Toni Scott · License #0658229
(903) 360-5477
Source:
Exprealty
Added: Jul 24
Changed: Aug 12
Last Checked: Aug 12 at 3:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 First Group - Lindale
Investment Insights
Based on property information with market context.
This multifamily property includes 12 boutique-style cottages on approximately 1.3 acres. Each residence offers 1 bedroom and 1 bathroom, creating a consistent rental configuration across the property. The homes are described as well-maintained, and all units are currently leased.
Located at 19883 County Road 452 in Lindale, Texas, the property is offered as an occupied residential income asset. Current occupancy provides an established rental operation, while the reported approximate 10.9% cap rate adds a measurable investment metric for evaluation.
Located at 19883 County Road 452 in Lindale, Texas, the property is offered as an occupied residential income asset. Current occupancy provides an established rental operation, while the reported approximate 10.9% cap rate adds a measurable investment metric for evaluation.
Key Highlights
- 12 boutique‑style cottages on approximately 1.3 acres
- Each unit includes 1 bedroom and 1 bathroom
- All units are currently leased
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Explore this area
Business Placement
Demographics for 75771, TX
21,870
Population
9,241
Households
2.4
Avg Household Size
41
Median Age
29%
College-Educated
91%
High-School Grad
146.1 sq mi
ZIP Area
150
Density / Sq Mi
$90,112
Median Household Income
$48,088
Median Earnings
$1,318
Median Rent
$266,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Fully leased cottage-style residences create a stabilized multifamily rental property in Lindale.
Where is this multifamily property located?
The property is located at 19883 County Road 452 Lindale, TX.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 12 boutique‑style cottages on approximately 1.3 acres; Each unit includes 1 bedroom and 1 bathroom; All units are currently leased
