Lindale Park Prices-Early 2016
Lindale Park Resale and New Home Prices
It is exciting to say that there are some new homes for sale in the Houston neighborhood of Lindale Park! This has been a long time coming and I think will start to transform the area just like new home construction transformed nearby Oak Forest.
Let me start with the new homes: 4 new homes by 3 builders:
- 820 Ave of Oaks, by Garcia Builders. $495,000, 1800 SF, 3/2.52
- 413 Gale, by NuDesign Homes. $519,000, 2251 SF, 4/2.5/2
- 801 Fairbanks, by Power House. $574,900, 2410 SF (+ Texas basement), 4/3/2
- 803 Fairbanks, by Power House. $649,900, 2720 SF (+ Texas basement), 4/3/2
I apologize, but the only ones I have visited are the homes on Fairbanks. These are stunning homes! In disclosure, I sold the land to these builders and couldn’t wait to see what they would build.
I think all four of these new construction homes will bring new energy, new buyers, builders and remodelers to the neighborhood.
The table below shows recent “Sold” prices. I used the last 6 months to get sufficient data. I excluded a couple of the 2 bath sales that were “lot value” properties.
| Lindale Park Home Prices-Early 2016 | |||||
|---|---|---|---|---|---|
| Description | Price Range | House SF | Lot Size | Price/SF | DOM* |
| 1 Bath Homes Avg. | $190-$285K $217K | 803-2536 SF 1250 SF | 5300-7950 SF 6370 SF | $129-$268/SF $174/SF | 28 |
| 2 Bath Homes Avg. | $305-$472K $359K | 1452-2233 SF 1734 SF | 34615-10,600 SF 7761 SF | $167-$277/SF** $210/SF** | 30 |
Notes: *Dom = Days on Market **The prices of the sold 2 bath homes are skewed somewhat by the sale of 817 Gale for $472,500. This is a fantastic renovation by Renovative Thinking, a husband-wife team that always sets new price points for their renovated homes.
For comparison, see 2015 Prices Here.
The images below show these 4 new homes available for sale (as of April) plus one resale home that is beautiful example of the 1940’s homes of the area.
