$425,000
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15.18 Acres Lot
SOLD DATE : 11/23/2022
Key Details
Property Type Vacant Land
Sub Type Ranch
Listing Status Sold
Purchase Type For Sale
Subdivision None
MLS Listing ID 20129755
Sold Date 11/23/22
HOA Y/N None
Annual Tax Amount $2,145
Lot Size 15.184 Acres
Acres 15.184
Property Description
This Lindale, Texas, 15.184-acre tract of land is unique because it has a 2704 square foot Duplex. The property is located Northwest of Lindale on County Road 445, about halfway between Lindale and Mineola. The land is rectangular and is mostly open pasture that is fenced and cross-fenced and is currently used for hay meadow and would work great for a few horses or cows. If desired, there is plenty of room to add more rental units or build a country home hidden away at the back of the property. One side of the Duplex is a two-bedroom one bath, and the other side is a two-bedroom with one and a half baths. Each side is leased for $850.00 per month with water furnished by landlord. If new owner did not want to continue with the rental business, the tenants need to be given up to 90 days to move out. This is a beautiful tract of land with no restrictions. Lindale Rural Water Company provides water service, and Wood County Electric is the electricity service provider.
Location
State TX
County Smith
Zoning Unzoned
Direction From downtown Lindale at Highway 69 N and FM 16, go north on Highway 69 to County Road 431, turn left, go a very short distance to CR 484, turn right and go a short distance to CR 445, turn left and go about 1 mile to property and sign on the left. GPS will take you to the address.
Interior
Heating Central, Electric
Cooling Central Air, Electric
Heat Source Central, Electric
Exterior
Fence Barbed Wire, Cross Fenced
Utilities Available Cable Available, Dirt, Electricity Connected, Outside City Limits, See Remarks, Septic
Lot Frontage 311.0
Garage No
Building
Lot Description Acreage, Few Trees, Pasture, Undivided
Schools
School District Lindale Isd
Others
Restrictions No Restrictions
Ownership Johnny May
Acceptable Financing Cash, Contract, Conventional, Federal Land Bank
Listing Terms Cash, Contract, Conventional, Federal Land Bank
Financing Conventional
Special Listing Condition Aerial Photo
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Bought with Non-Mls Member • NON MLS
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+1(817) 881-1033 | farren@realtorindfw.com