
$516,000
NAL Estimated Property Value212 S Fm 5, Aledo, TX, 76008
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About this property
**Attention Developers** Introducing a rare development opportunity in the heart of Aledo—just outside downtown, directly across from Bearcat Park and adjacent to Mockingbird Park. This 4.35-acre residential tract can be subdivided into 13 lots, each approximately 9,000 to 12,000 square feet, offering a unique chance to build in one of the area's most desirable locations with city services. This is a unique opportunity free from PIDs, MUDs, and HOA dues—an uncommon advantage in this market. Zoned in accordance with the city’s R75 land use designation, this site is ideally suited for single-family residential development. Projected lot sales range from $200,000 to $250,000, with comparative home sales at $280 per square foot. Whether you’re a developer seeking a well-positioned project or an investor looking for long-term value, this offering presents an exceptional blend of location, infrastructure, and potential.
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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: Aledo
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