10651 County Road 41 - Sand Flat Road Development Opportunity
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10651 County Road 41 - Sand Flat Road Development Opportunity
129.54 Acres of Residential Land Offered at $2,300,000 in Lindale, TX 75771
Investment Highlights
- Prime Location
- High Average Household Income
- Stable Housing Market
- Excellent School District
- Steady Growth
Executive Summary
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 stable 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 utilities readily available at the road, infrastructure costs are minimized, making it an attractive option for developers. The proximity to Lindale ISD’s top-rated schools enhances its appeal to families.
• Single-Family Homes: The large acreage allows for the development of spacious single-family homes, providing ample space for yards, recreational areas, and community amenities.
• Private Estate: For those seeking a private retreat, the vast acreage offers the potential to create a luxurious estate with extensive grounds, ensuring privacy and tranquility.
Community and Lifestyle:
Lindale is renowned for its community-oriented lifestyle, blending small-town charm with modern conveniences. Residents enjoy a range of local amenities, including parks, shopping centers, and dining options. The town’s location offers easy access to major highways, facilitating convenient travel to nearby cities.
Investment Summary:
Priced at $2,300,000, this 129.54-acre parcel in Lindale, TX, represents a unique investment opportunity in a high-demand area. The combination of excellent educational facilities, a strong local economy, and versatile residential development potential makes this property an outstanding choice for discerning investors.
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 stable 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 utilities readily available at the road, infrastructure costs are minimized, making it an attractive option for developers. The proximity to Lindale ISD’s top-rated schools enhances its appeal to families.
• Single-Family Homes: The large acreage allows for the development of spacious single-family homes, providing ample space for yards, recreational areas, and community amenities.
• Private Estate: For those seeking a private retreat, the vast acreage offers the potential to create a luxurious estate with extensive grounds, ensuring privacy and tranquility.
Community and Lifestyle:
Lindale is renowned for its community-oriented lifestyle, blending small-town charm with modern conveniences. Residents enjoy a range of local amenities, including parks, shopping centers, and dining options. The town’s location offers easy access to major highways, facilitating convenient travel to nearby cities.
Investment Summary:
Priced at $2,300,000, this 129.54-acre parcel in Lindale, TX, represents a unique investment opportunity in a high-demand area. The combination of excellent educational facilities, a strong local economy, and versatile residential development potential makes this property an outstanding choice for discerning investors.
Property Facts
| Price | $2,300,000 | Property Subtype | Residential |
| Sale Type | Owner User | Total Lot Size | 129.54 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land |
| Price | $2,300,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 129.54 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $2,300,000 | Lot Size | 129.54 AC |
| Price Per AC | $17,755 |
| Price | $2,300,000 |
| Price Per AC | $17,755 |
| Lot Size | 129.54 AC |
Prime 129.54-acre lot in Lindale, TX, ideal for residential development. Features include water, sewer, and electricity at the road. Located in top-rated Lindale ISD. Perfect for family homes and less than 5 miles from Lindale.
Description
Beautiful 129.54 acre tract on the award winning Lindale ISD. This property offers potential investment opportunities. With road frontage on 2 different county roads there is great potential for a subdivision. The property currently has 3 wells on the property as well as electric and water on a portion of the property. The property is less than 2 miles from I-20 giving it ample possibilities.
PROPERTY TAXES
| Parcel Number | 1-00000-0019-01-029001 | Improvements Assessment | $0 |
| Land Assessment | $591,538 | Total Assessment | $591,538 |
PROPERTY TAXES
Parcel Number
1-00000-0019-01-029001
Land Assessment
$591,538
Improvements Assessment
$0
Total Assessment
$591,538
zoning
| Zoning Code | Rural Acreage (Commercial) |
| Rural Acreage (Commercial) |
-
Ray Ver Hey -
Jarrod Ver Hey -
Staples Commercial Group
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10651 County Road 41 - Sand Flat Road Development Opportunity
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