REO Asset

125.85 Acres San Angelo, Texas

View Offering Memorandum

125.85 Acres

Address

5424 State Highway 208
San Angelo, TX 76903

125.85 Acres

5424 State Highway 208 consists of approximately 125.85 acres of raw land located in Tom Green County in North San Angelo, featuring substantial frontage along State Highway 208. The property is outside city limits, allowing for maximum flexibility as no zoning restrictions currently apply, and development would be subject to county regulations.

The Property is located approximately 1.5 miles from Lake View High School and is surrounded by several established residential neighborhoods, positioning the property well for future residential, mixed-use, or alternative development concepts. The area benefits from steady population growth and continued outward expansion of San Angelo’s northern residential corridor.

Investment Highlights

Northward Growth Trend - San Angelo’s expansion is moving north, increasing long-term demand for large tracts with highway frontage in this submarket.

Strong Accessibility & Frontage - Significant visibility and direct access along Highway 208 make the site attractive for future residential, commercial, or mixed-use development.

Outside City Limits (No Zoning) - Being outside the city limits provides flexibility, allowing a wide range of future uses without zoning restrictions or entitlement hurdles.

Proximity to Existing Neighborhoods - Located just 1.5 miles from Lake View High School and surrounded by established residential communities, the site is well positioned for long-term appreciation.

Long-Term Hold Opportunity - Well suited for a local or West Texas landowner seeking to buy and hold as growth continues to trend north.

Population Growth Tailwind - San Angelo is projected to reach 105,000 residents by 2030, with the broader MSA growing to 125,000–127,000 residents, supporting long-term demand for residential and mixed-use development.

Location

Team

Brokerage Team

Mart Martindale

Mart Martindale

Principal
Edge Capital Markets
214.545.6917 mmartindale@edge-cm.com

Lee Hortenstine

325.655.6989 lth@wcc.net
Wilson Stafford

Wilson Stafford

Principal
Edge Capital Markets
214.545.6933 wstafford@edge-cm.com
Claire Schmeltekopf

Claire Schmeltekopf

Senior Associate
Edge Capital Markets
214.545.6941 claire@edge-cm.com

Phone
214.545.6900