
$2,599,999
3780 Kennedale New Hope Rd, TX, 76060
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Motivated Sellers - large price reduction. Calling all developers! Almost 90 ACRES of land in Tarrant County close to highways and easy access to everything in the Metroplex. Property was previously the Texas Raceway in Kennedale and is now ready for new development. TIRZ overlay. Selling as-is land only. Total property consists of 4 contiguous parcels. Current zoning is Commercial C-2 for approximately 90 acres and City Comprehensive Future Land Use Plan shows Residential Medium Density for this property. Could be a perfect property for many commercial uses today and potentially SFR lot development. Approximately 40% of the total acreage is located in a floodplain.
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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: Kennedale
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