19385 Fm Rd Lindale, TX 75771
This exceptional 4.902-acre lot, identified as Lot 4 in the Ridge on FM 16 W subdivision in Lindale, Texas, presents a unique opportunity for residential development. Situated in Smith County, with the address 19385 FM Rd 16, zip code 75771, this property boasts a desirable wooded setting and features a pipe fence along its FM 16 W frontage, complete with a pipe fence entry gate. The land is priced at $171,500, translating to $35,000 per acre. Conveniently located just five miles west of downtown Lindale, this property offers the tranquility of country living with the benefit of city-like utility services, including Wood County Electric Coop and Crystal Water System. The property is within the highly-rated Lindale Independent School District. Building restrictions are in place to maintain the subdivision's integrity and protect neighboring homeowners
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.