18601 F M Road 1431 Highway, Lago Vista, TX 78645

$2,050,000
List Price
$2,050,000
Status
ACTIVE
MLS#
3191736
Price Change
▼ $50,000 1645846634
Days on Market
415
Area
Northwest Travis Co.

Property Description

The Jonestown Center, is a 5-unit retail strip center with 300 feet on heavily trafficked FM 1431. The property was built in 2006, is architecturally pleasing, with elegant faux stone exterior and corners, covered veranda sidewalk patio, and environmental sensitive turf stone pavers. Austin Ranked No. 1 among top targets for Commercial Real Estate Investments in 2021 (CBRE survey). With increase construction costs, low inventories, increased economic development, the Austin market continues to see intense competition for good quality assets from all types of investors. It is hard to find a multi-unit centers in this price range. The Jonestown Center is in rapidly growing Jonestown, minutes to Lago Vista and Cedar Park. The Jonestown Center is located near Northwest Austin’s high tech employment center, within the acclaimed Leander School District, close to shopping and recreation. Great investment option to the volatile stock market.

Additional Information

Taxes
$21,387
Tax Year
2021
Year Built
2006
Construction
Concrete, Stone Veneer, See Remarks
Region
Northwest Travis Co.
View
Hill Country
Sewer
Shared Septic, Septic Tank
Street Name
F M Road 1431 Highway
Street Number
18601
Neighborhood
Jonestown Hills Unit 04 Amd
Acres
0.92
County
Travis
Floor
Concrete, Laminate
Heating
Central

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