12-Unit Cottage Multifamily
For Sale
$1,000,000
19883 Cr 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 Market77
Property Features for 19883 Cr 452
General Information
Standard status
Active
Size
360 SF
Lot size
1.30 Acres
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
12 x 1BR/1BA
Multifamily Units
12
Additional Details
Cap Rate
10.9%
Building Details
Year Built
2025
Listing Agency:
Midwest Land Group
Listed By:
Brad Newberry · License #0526613
(903) 780-8015
Source:
Newberryre
Added: Aug 11
Changed: Oct 25
Last Checked: Oct 24 at 4:44PM
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 Midwest Land Group
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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
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Lease Details
12
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
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 Cr 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
