Listing ID: 20203994
Price: $12,600,000
Address: 1340 Brad Circle
City: Lindale
State: Texas
Postal Code: 75771
Bedrooms: 3
Total Baths: 3
Full Baths: 2
Partial Baths: 1
Acres: 6.500
County: Smith
Investment opportunity available in Lindale, TX. New construction, high-end multifamily development with top of the line finishes and technology. Buildings A, B and F are complete and fully leased. Building C is 30% leased and tenants will begin occupying the space as of the first week of December 2022. Buildings C and D will be completed in Spring 2023. 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. 1,486 SQFT heated and cooled. 3B 2.5B 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. 540 SQFT office.

Primary Features

County: Smith
Half Baths: 1
Property Sub Type: Multi Family
Property Type: Residential Income
Subdivision: na
Year Built: 2022


Appliances: Electric Range, Microwave
Cooling: Electric
Heating: Electric
Interior Features: High Speed Internet Available, Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s)
Levels: Two


Attached Garage: yes
Construction Materials: Brick
Exterior Features: Other
Foundation Details: Slab
Garage: yes
Lot Size Area: 6.5
Lot Size Square Feet: 283140
Lot Size Units: Acres
Number Of Buildings: 6
Number Of Parking Spaces: 75
Number Of Units Total: 47
Parking Features: Driveway, Garage, Other
Pool: no
Roof: Metal
Utilities: City Sewer, City Water


Association Type: None
Building Area Source: Owner
Building Area Total: 82873
Country: United States
Directions: From the intersection of I-20 W and Hwy 69 N., head north on Hwy 69 N. In approx 3 miles, turn right onto Eagle Spirit Drive. Then, take first right in about 475 feel onto Brad Circle. Property will be on the right in approx. 0.3 miles, just before the curve to the left.
Elementary School: Lindale
Elementary School Name: Penny
High School Name: Lindale
Intermediate School Name: Moss
Primary School Name: Lindale
School District: Lindale ISD


Accessibility Features: no
Complex Name: Settler's Trail
Dual Variable Compensation: no
Municipal Utility District: no
Property Match: APN
Second Mortgage: no
Smart Home Features: yes
Status: Active
US Property MUI: 402603817
Will Subdivide: No
Year Built Details: New Construction - Incomplete


Current Price/Lot Size: 1938461.53846
Possession: Closing/Funding

Zoning Info

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#IDX-primaryPhoto,#idx-details-header Listed by: Matthew Marshall from Drake Real Estate & Investment 903-581-3737

Contact - Listing ID 20203994

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Rhine Realty

101 E Main Street
Decatur, TX 76234
Phone: 9406269770
Phone Alt: 9406269770

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