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.