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Recreation Land Tract with Privacy
For Sale
$187,500

5 Wallace Road, Midway, TX 75852

A 7.47-acre tract with rolling terrain, scattered trees, and paved corner road access for flexible recreational or residential use.

Property SizeContact for details
Lot Size7.47 Acres
Days on Market246

Property Features for 5 Wallace Road

General Information

Standard status Active
Lot size 7.47 Acres
Property subtype Land

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $33

Amenities

No
HorsesAllowed
Listing Agency: Standley Real Estate Company, LLC
Listed By: James Standley · License #0667479
Source: Compass
Added: Dec 22, 2025 Changed: Aug 21 Last Checked: Aug 14 at 7:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Standley Real Estate Company, LLC

Investment Insights

Based on property information with market context.

This for-sale land tract offers rolling terrain with scattered trees and an emphasis on privacy. Multiple potential building sites are available, making it suitable for a custom home, recreational use, or investment.

The property is located in the Madisonville School District and includes paved road frontage on the corner of OSR and Wallace Road for convenient access.

The setting is described as peaceful country land, with room to develop based on the topography and tree cover.

Key Highlights

  • 7.47+/- acre tract with rolling terrain and scattered trees
  • Corner paved road frontage on OSR and Wallace Road for easy access
  • Horses allowed

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 75852, TX

3,621
Population
582
Households
6.2
Avg Household Size
34
Median Age
10%
College-Educated
75%
High-School Grad
147.9 sq mi
ZIP Area
24
Density / Sq Mi
$59,310
Median Household Income
$40,804
Median Earnings
$1,138
Median Rent
$222,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - A 7.47-acre tract with rolling terrain, scattered trees, and paved corner road access for flexible recreational or residential use.
Where is this residential land & home lot located?
The property is located at 5 Wallace Road Midway, TX.
What is the asking price?
The asking price for this property is $187,500.
What are key features of this property?
This property features: 7.47+/- acre tract with rolling terrain and scattered trees; Corner paved road frontage on OSR and Wallace Road for easy access; Horses allowed
More about this property
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