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    TX-49 Loop Lindale, TX 75771

    For Sale
    $3,676,000

    192.4 Acres, $3.676M, Excellent Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 192.4-acre commercial land parcel in Smith County, Texas, presents a unique investment opportunity. Situated between Hide-A-Way Lake to the west and Toll 49 to the east, this mostly wooded property boasts convenient access to major transportation arteries. Interstate 20 is less than two miles away, with FM 849 to the south and FM 16 to the north providing additional connectivity. The property is located within the highly-rated Lindale Independent School District. A significant feature is an artesian spring with a documented flow rate exceeding 40 gallons per minute, based on past testing. The seller estimates this flow rate is sufficient to create a new lake spanning approximately ten acres. This abundant water source, coupled with the property's size and location, offers considerable potential for diverse development, including residential or recreational projects. The land is comprised of two parcels, offering flexibility for various development scenarios. The asking price is $3,676,000. The property's address is TX-49 Loop, Lindale, TX 75771.

    Property Features for TX-49 Loop

    General Information

    Property type
    Land
    Lot Size
    8,380,944 SF

    HighLights

    • 192.4‑acre commercial land parcel in Smith County, Texas, priced at $3,676,000.
    • Convenient access to major transportation arteries including I‑20, Toll 49, FM 849, and FM 16.
    • Located in the Lindale ISD.
    • Features an artesian spring with a flow rate exceeding 40 gallons per minute, potentially creating a 10‑acre lake.
    • Zoned for diverse development, including residential and recreational projects.
    • Comprised of two parcels.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lindale
    County
    Smith
    State
    Texas
    Longitude
    -95.4391205
    Latitude
    32.4952651

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    FAQs

    What type of property is this?
    Land - 192.4 Acres, $3.676M, Excellent Location
    Where is this land located?
    The property is located at TX-49 Loop Lindale, TX.
    What is the asking price?
    The asking price for this property is $3,676,000.
    What are key features of this property?
    This property features: 192.4-acre commercial land parcel in Smith County, Texas, priced at $3,676,000.; Convenient access to major transportation arteries including I-20, Toll 49, FM 849, and FM 16.; Located in the Lindale ISD.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    TX-49 Loop Lindale, TX 75771
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