10651 County Road 41 Lindale, TX 75771
Discover an unparalleled investment opportunity in Lindale, Texas. This expansive 129.54-acre parcel is positioned to capitalize on Lindale’s flourishing community and exceptional school district. Priced competitively at $2, 300, 000, this property offers significant potential for residential development. Key Features: • Size: 129.54 acres • Utilities: Water, sewer, and electricity available at the road • Location: Convenient access to local amenities and major roadways Exceptional School District: Lindale Independent School District (Lindale ISD) is recognized as one of the top-performing districts in Texas. With a ranking in the top 5% statewide, Lindale ISD boasts impressive academic performance metrics: • Math Proficiency: 73% • Reading Proficiency: 74% • Science Proficiency: 71% • Graduation Rate: 99% These achievements highlight the district’s commitment to educational excellence, making this property ideal for families seeking quality education for their children. Demographic and Economic Highlights: The local community is characterized by demographics with a strong professional employment base. Key economic indicators include: • Average Household Income: $111, 687 • Disposable Income: $86, 455 • Unemployment Rate: 3.4%, below the national average These factors contribute to a vibrant local economy, bolstered by a high homeownership rate of 84.4%. Real Estate Market Analysis: Lindale’s real estate market is robust, reflecting a healthy growth rate and substantial purchasing power among residents. The area’s population has grown by 8.27% since the last census, underscoring its appeal as an attractive place to live. The median home value, currently at $315, 220, has seen slight recent adjustments, presenting an opportune moment for investors to enter the market. Residential Development Potential: This expansive parcel is apt for residential development: • Subdivision Development: The property is ideal for creating a new residential subdivision. With
- Property TypeCommercial
- NeighborhoodN/A
- CountySmith
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site39 Days
- MLS StatusActive
- MLS ID Number24010681
- Home Size Source N/A
- Year BuiltN/A
- Lot Size129.54 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Acreage 129.54
- Zoning Other/See Remarks
Exterior Features
- Waterfront Property No
Community Features
- MLS Area Smith