Active
10651 County Road 41
Lindale TX, 75771
$2,300,000
$0.41 per sqft
Active
129.54 Acres
Land
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
24013972
MLSⓇ ID
October 8, 2024
Listed
November 22, 2024
Updated
Map
10651 County Road 41
Lindale TX, 75771
Exterior/Building Features
Lot Size
129.54 Acres
School Information
High School
Lindale
Elementary School
Lindale
Other Property Details
Days on Market
117
Garage
No
View
No
County
Smith
Water Source
Public, Well, Private
Pool
No
Courtesy of Jarrod Ver Hey, Staples Commercial Group, LLC
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Data last updated: 11/22/2024, 6:22 AM UTC.
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