10651 County Road 41Lindale, TX 75771

For Sale
$2,300,000

129 Acres, Lindale, TX - Development Potential

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 129.54-acre property in Lindale, Texas, presents a compelling investment opportunity. Located at 10651 County Rd 41, Smith County, zip code 75771, this commercially zoned land is priced at $2,300,000, or $17,755 per acre. The property boasts convenient access to local amenities and major roadways. Utilities, including water, sewer, and electricity, are readily available at the roadside. The site is ideally suited for residential development, offering potential for a new subdivision, the construction of spacious single-family homes, or the creation of a private estate. Lindale's thriving community features a top-ranked school district (Lindale ISD), boasting impressive academic performance metrics: 73% math proficiency, 74% reading proficiency, 71% science proficiency, and a 99% graduation rate. The local economy is robust, with an average household income of $111,687, disposable income of $86,455, and an unemployment rate of 3.4%, significantly below the national average. The area's population has grown by 8.27% since the last census, and the median home value is $315,220. This property's location within a strong, growing community, coupled with its size and utility access, makes it an attractive proposition for developers and investors seeking significant returns. The high homeownership rate of 84.4% further underscores the stability and desirability of the Lindale real estate market. New home developments are also present within a 5-mile radius.

Highlights

  • Highly desirable location.
  • A+ school district.
  • High average household income in the area.
  • Consistent market growth.
  • Stable residential real estate market.
  • New residential construction within a 5-mile radius.

Property Details for 10651 County Road 41

Property type
Other land, Land
Lot Size (sq. ft)
5,642,762 SF

Location Insight

City
Lindale
County
Smith
State
Texas
Latitude
32.482689957585
Longitude
-95.341192445001
10651 County Road 41, Lindale, Texas

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10651 County Road 41
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