Golf Resort with
New
For Sale
$9,900,000
22049 Fm 1995, Lindale, TX 75771
CommercialSale, Lindale, TX
Property Size28,000 SF
Lot Size452.20 Acres
Price / SF$353.57
Days on Market2
Property Features for 22049 Fm 1995
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Garden Valley Addition
Lot features
Acreage, Cleared, Backs To Greenbelt Park, Greenbelt, Interior Lot, Irregular Lot, Landscaped, Level, On Golf Course, Rolling Slope, Many Trees, Sprinkler System, Waterfront
View
Water
Directions
From Interstate 20 and Highway 110 Intersection go south on Highway 110 to 1995. Go west on 1995 to Garden Valley Golf Resort on south side of 1995.
Standard status
Active
APN
100000042500001010
Lot size
452.20 Acres
Taxes and HOA fees
Tax Description
ABST A0425 A HALE TRACT 1-6,23A,24,26
Tax Annual Amount
15334
Legal Description
ABST A0425 A HALE TRACT 1-6,23A,24,26
Utilities
Sewer type
Septic Tank, Aerobic Septic
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water front features
Waterfront, Lake Front
Water front
1
Amenities
event center
pool
pro shop
offices
sauna rooms
sitting areas
Building Details
Year built
1992
Floors in Building
2
Number of units
1
Flooring type
Tile, Carpet
Building materials
Rock, Stone
Roof type
Metal
Listing Agency:
Attlee Realty, LLC
Listed By:
Teresa Baudino · License #0519899
(972) 886-8357
Added: Oct 31
Last Checked: Nov 1 at 10:06AM
MLS# 21142321
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
The offering spans 452.2 acres and includes an 18-hole golf course around Butler Lake, along with a 28,000-square-foot clubhouse. Clubhouse facilities include a restaurant, event center, pool, pro shop, bar, offices, sauna rooms, and sitting areas. The property was built in 1992 and is not currently operating as a business.
The site is within Lindale ISD and approximately 5 minutes from Texas Rose Horse Park, 25 minutes from Tyler, and 50 minutes from downtown Dallas. Multiple parcels are included. Golf and residential development are identified as potential land uses.
The site is within Lindale ISD and approximately 5 minutes from Texas Rose Horse Park, 25 minutes from Tyler, and 50 minutes from downtown Dallas. Multiple parcels are included. Golf and residential development are identified as potential land uses.
Key Highlights
- 452.2 acres across multiple parcels
- 18‑hole golf course surrounding Butler Lake
- 28,000‑square‑foot clubhouse with restaurant, event center, pool, pro shop, bar, offices, sauna rooms, and sitting areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$283,500
Cap Rate
2.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,670,000
$5.7M
Cap Rate 7%
$4,050,000
$4.1M
Cap Rate 9%
$3,150,000
$3.2M
Market Conditions
NOI Build-Up for 28,000 SF
Gross rent
$504.0K $18.00/SF
− Vacancy
−$50.4K −$1.80/SF
EGI
$453.6K $16.20/SF
− OpEx
−$170.1K −$6.07/SF
NOI
$283.5K $10.13/SF
Area
Smith County, TX
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,670,000
Cap Rate 7%
$4,050,000
Cap Rate 9%
$3,150,000
Alternative Uses
Best Use
Mixed Use
$4.05M
$3.54M – $4.73M
NOI $283,500 @ 7.0% cap · market cap 2.86%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$21.09M
$18.45M – $24.61M
NOI $1,476,300 @ 7.0% cap · market cap 14.91%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
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Business Placement
Demographics for 75771, TX
21,870
Population
9,241
Households
2.4
Avg Household Size
41
Median Age
29%
College-Educated
91%
High-School Grad
146.1 sq mi
ZIP Area
150
Density / Sq Mi
$90,112
Median Household Income
$48,088
Median Earnings
$1,318
Median Rent
$266,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Golf course & driving range - A lakefront 18-hole course is paired with resort facilities and land for golf or residential development.
Where is this golf course & driving range located?
The property is located at 22049 Fm 1995 Lindale, TX.
What is the asking price?
The asking price for this property is $9,900,000.
What are key features of this property?
This property features: 452.2 acres across multiple parcels; 18‑hole golf course surrounding Butler Lake; 28,000‑square‑foot clubhouse with restaurant, event center, pool, pro shop, bar, offices, sauna rooms, and sitting areas
