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Located in the rapidly growing city of Lindale, Texas, this ±7-acre tract presents a compelling opportunity for residential development with immediate in-place income. The property is partially zoned for residential use and includes two existing, tenant-occupied single-family homes, providing rental income. 802 is 2bed 1 bath with 1023 sqft on .5 acres; 804 is 2bed 1bath with 1064 sqft on .718 acres. The rental homes and a portion of the property are not incorporated into the city limits. This site is well positioned within a strong East Texas growth corridor, benefiting from increasing demand for housing driven by population growth, expanding employment, and continued commercial development throughout the Lindale area. The property’s size and zoning allow for a range of residential development concepts. Additional Opportunity: 5.26 acre additional tract available for purchase, zoned commercial. |
