$550,000
11623 Spence Lane, Balch Springs, TX, 75180
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Excellent property that provides several different opportunities. 6.67 acres that's currently zoned for Single Family Residential use. Inside the city limits with Water, Sewer, Natural Gas, and Electric all located on the property. This property could easily be replat and developed with minimum lot sizes of 6,000 sqft per Balch Springs planning and zoning. The property could also be used as AG property as there are several AG exempt properties in the area. The current home on the property was built in 1995 and is in very good condition, just in need of cosmetic updates. The SDN is attached in the document section. There is a 24x30 shop on the property that has electricity and is also in good condition.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Balch Springs
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