$600,000
●
Land -
Off Market
2408 W Strader Road #TRACT4
Justin, TX 76247
Studio
0 Bath
$258,478
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
SOLD WITH MLS #20104887 ON 1 CONTRACT FOR $600,000*
With a little imagination just visualize what this tract, of a little over 6 acres, can accomplish! Just off FM 156 and a 4 min drive from downtown Justin. This property has potential for some BOOMING commercial business. Did we mention there is NO ZONING! Yup! You might want to take advantage of that before it's too late. Buyers...get your agents over here to write up an offer quick before this deal is gone. *TRACT 3 is also FOR SALE* Professional photos coming soon*By APPOINTMENT ONLY WITH REALTOR To Access. GPS 2408 Strader Rd., Justin, TX , Pull Into Access Road, this tract is located to the left behind the 1st building at drive-behind the travel trailers* *There is a well on the property but only has about 120 ft building restriction - price is reflecting this loss*Easement road to left side of Tract 3 for direct entrance from road* SURVEY AVAILABLE
With a little imagination just visualize what this tract, of a little over 6 acres, can accomplish! Just off FM 156 and a 4 min drive from downtown Justin. This property has potential for some BOOMING commercial business. Did we mention there is NO ZONING! Yup! You might want to take advantage of that before it's too late. Buyers...get your agents over here to write up an offer quick before this deal is gone. *TRACT 3 is also FOR SALE* Professional photos coming soon*By APPOINTMENT ONLY WITH REALTOR To Access. GPS 2408 Strader Rd., Justin, TX , Pull Into Access Road, this tract is located to the left behind the 1st building at drive-behind the travel trailers* *There is a well on the property but only has about 120 ft building restriction - price is reflecting this loss*Easement road to left side of Tract 3 for direct entrance from road* SURVEY AVAILABLE
Unit Size
-
Days on Market
-
Land Size
6.44 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2000
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%
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Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (NTREIS #20104753)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 29, 2022 | Sold | ||
| Sold | |||
| Jul 5, 2022 | Listed by CENTURY 21 JUDGE FITE CO. | $250,000 | |
| Listed by CENTURY 21 JUDGE FITE CO. | |||
| Mar 3, 2022 | No longer available | - | |
| No longer available | |||
| Jul 23, 2021 | Listed by John Hill, Broker | $260,000 | |
| Listed by John Hill, Broker | |||
| | |||
|
Fully fenced this property has endless opportunities! With no restrictions this property would be a great site for a business or developed into residential lots. One of three tracts of land being sold this large flat 6.5 acre tract will require minimal site work. Property has been surveyed and survey will be uploaded into MLS
| |||
Property Highlights
Parking Available
Garage
Exterior Details
Listing Terms: Cash, Conventional
Acreage
Lot Size Acres: 6.4427
Financial Details
Tax Lot: 1
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/13/2023
| |
Loft
|
-
|
-
|
$2,490,000
Loft
-
|
-
-
|
Madison Villarreal
DHS Realty
|
|
02/01/2023
| |
8 Bed
|
1 Bath
|
4162 ft²
|
$1,200,000
8 Bed
1 Bath
4162 ft²
|
-
04/05/2023
|
Melissa Sanches
CENTURY 21 JUDGE FITE CO.
|
|
07/06/2022
|
Loft
|
-
|
-
|
$250,000
Loft
-
|
$600,000
+140.00%
08/29/2022
|
Melissa Sanches
CENTURY 21 JUDGE FITE CO.
| |
|
07/06/2022
|
Loft
|
-
|
-
|
$500,000
Loft
-
|
$600,000
+20.00%
08/29/2022
|
Melissa Sanches
CENTURY 21 JUDGE FITE CO.
| |
|
07/05/2022
|
Loft
|
-
|
-
|
$500,000
Loft
-
|
$600,000
+20.00%
08/29/2022
|
Melissa Sanches
CENTURY 21 JUDGE FITE CO.
| |
|
07/05/2022
|
Loft
|
-
|
-
|
$250,000
Loft
-
|
$600,000
+140.00%
08/29/2022
|
Melissa Sanches
CENTURY 21 JUDGE FITE CO.
| |
|
09/22/2021
| |
Loft
|
9 Bath
|
4162 ft²
|
$1,200,000
Loft
9 Bath
4162 ft²
|
-
-
|
Conner Nielsen
John Hill, Broker
|
|
07/23/2021
|
Loft
|
-
|
-
|
$260,000
Loft
-
|
-
-
|
Conner Nielsen
John Hill, Broker
| |
|
07/23/2021
|
Loft
|
-
|
-
|
$350,000
Loft
-
|
-
-
|
Conner Nielsen
John Hill, Broker
| |
|
07/22/2021
|
Loft
|
-
|
-
|
$420,000
Loft
-
|
$411,000
-2.14%
12/21/2021
|
Conner Nielsen
John Hill, Broker
| |
|
12/06/2020
| |
Loft
|
2 Bath
|
4162 ft²
|
$1,900,000
Loft
2 Bath
4162 ft²
|
-
-
|
-
|
|
05/02/2020
| |
Loft
|
-
|
-
|
$2,000,000
Loft
-
|
-
-
|
-
|
Building Info
About DISH
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Listed by: Melissa Sanches, CENTURY 21 JUDGE FITE CO.
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20104753
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20104753
Details provided by NTREIS and may not match the public record
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