1340 Brad Cir., Lindale, TX 75771 - 14741809 - iPro Real Estate
iPro Real Estate

iPro Real Estate

1340 Brad Cir.
Lindale, TX 75771

Active, Multi-Family/Income Sale

Price Increase
For Sale

$10,600,000 $127.91 per sqft

Free Professional CMA

Listing ID : 14741809

  • Beds

    3
  • Baths

    2/1
  • Structure / Lot Size

    82,873 Sqft / 6.500 Acre
  • Year

    2022

Description

Investment opportunity available in Lindale, TX. New construction, high-end multifamily development with top of the line finishes and technology. Phase I complete and Phase II is estimated to be completed by Summer 2022. DEVELOPMENT HIGHLIGHTS High-end finish out Leasing office 47 rentable units; 6 buildings Two story townhomes High vaulted ceilings 1,807 total SF per unit-1,284 lower level 523 upper level 3 bed 2.5 bath Floor Plan Single Car Garage Top rated school district - Lindale ISD Gated Entrance Concrete Driveways High Speed Internet Smart locks and thermostats Common area and dog park Concrete interior roads Street lights Sidewalks Pet friendly

Details

Type: Multi-Family/Income Sale 
Subdivision: Na 
County: Smith 
HOA Name: Settler's Trail 
Tax ID: R149035
School District: Lindale ISD
Building Size: 82,873 SqFt 
Cap Rate: 9.23% 
Days on Market: 195 
Access Features: Other 
Access Features: Yes
Foundation: Slab 
Heating: Central Air-Elec, Central Heat-Elec 
Interior Features: High Speed Internet Available, Smart Home System, Vaulted Ceilings 
Number of Buildings: 6 
Parking Spaces: 94 
Property Type: Commercial Sale 
Roof: Composition 
Sub Type: MUL-Fourplex 
Utilities: City Sewer, City Water 

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Interactive

32.504112 -95.404205 $10,600,000 14741809
1340 Brad Cir., Lindale, TX 75771
Directions to here from:

Area Information 75771

Population:

20,000 Up .11% since 2010
Average Income:
$88,225
Average Age:
44Years
Gender:
48.73%Male
51.27%Female
Households:
7,47231.49% with children
Average Value:
$281,315
Occupancy:
76.82%Owned
23.18%Rented
13.08%Vacant
Education:
24.02%High School
10.53%Associate
18.86%Bachelor
7.11%Graduate
Average Residency:
19Years
Crime Rate:
Average
Annual Rainfall:
44.22Inches
Annual Snowfall:
3Inches
Earthquake Risk:
Below Average
Hail Risk:
Very High
Hurricane Risk:
Average
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Above Average
Wind Risk:
Very High

History

Date Transaction Price Mortgage Amt & Lender
Date
Jul 02, 2022
Transaction
MLS#20018567
Price
NDA
Mortgage Amt & Lender
- -
Date
Jul 02, 2022
Transaction
MLS#20018571
Price
NDA
Mortgage Amt & Lender
- -
Date
Jul 02, 2022
Transaction
MLS#20018575
Price
NDA
Mortgage Amt & Lender
- -
Date
Jun 28, 2022
Transaction
MLS#14741809
Price
NDA
Mortgage Amt & Lender
- -
Date
Apr 21, 2022
Transaction
MLS#14560478
Price
NDA
Mortgage Amt & Lender
- -

Mortgage Calculator

Listed by Matthew Marshall with Drake Real Estate & Investment

Based on information from the North Texas Real Estate Information Systems, Inc., 8/7/2022.