| Firm: | Staples Commercial Group, LLC |
10651 County Road 41 |
|
| Price: | $2,300,000 |
| Property Type: | commercial_industrial |
| MLS #: | 24010681 |
| 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 | |
| Area: | Smith |
| Bedrooms: | None |
| Bathrooms: | None |
| Acres: | 129.53999 |
Courtesy: Ver Hey, Jarrod • Staples Commercial Group, LLC • 903-266-2900 
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is deemed reliable, but not guaranteed.
This content last refreshed on 11/25/2024 09:00 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
