Description
Prime investment opportunity. Rectangular 1.8-acre lot near intersection of Tollway 49 and FM 16 in Lindale, TX. Approximately 160' of frontage on FM 16. Property is approximately 60% cleared. Located on heavily traveled road between the City of Lindale and the Hideaway Lake community, within the Lindale Extra Territorial Jurisdiction, but outside the city limits. Presently, there are 2 residential buildings on the property, currently leased to separate tenants on a month-to-month basis. Continue developing more residential housing, or re-develop into commercial business property. No zoning designation at this time.
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0BEDS
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1.8ACRES
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0BATHS
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01/2 BATHS
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88,000SQFT
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$6$/SQFT
School Ratings & Info
Description
Prime investment opportunity. Rectangular 1.8-acre lot near intersection of Tollway 49 and FM 16 in Lindale, TX. Approximately 160' of frontage on FM 16. Property is approximately 60% cleared. Located on heavily traveled road between the City of Lindale and the Hideaway Lake community, within the Lindale Extra Territorial Jurisdiction, but outside the city limits. Presently, there are 2 residential buildings on the property, currently leased to separate tenants on a month-to-month basis. Continue developing more residential housing, or re-develop into commercial business property. No zoning designation at this time.
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Listing provided courtesy of Steve Demuth of Staples Commercial Group, Llc: . Listing information © 2023 Greater Tyler Association of REALTORS® Multiple Listing Service.