$2,050,000
For Sale

18601 F M Road 1431 Highway

Lago Vista, TX 78645
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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.
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  • Property Details
    • Property
      • View:Hills
    • Measurements
      • Acres:0.923
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:2006
    • Material information
      • Foundation:Slab
  • Utilities / Energy Details
    • Utility
      • Sewer information:Shared Septic, Septic Tank
      • Utility source:Private
      • Utility features:Cable Available, Electricity Available, High Speed Internet Available
  • Community and Neighborhood Details
    • Location
      • County:Travis
    • Community
      • Subdivision:Jonestown Hills Unit 04 Amd
  • Financial Details
    • Pricing Details
      • Original List Price:$2, 200, 000
      • Selling Office Commission:3.000
      • Annual taxes:$21, 387
      • Days on Market (Cumulative):230
  • Other
    • Source
      • MLS #:3191736

Location

The Legacy RealtyReal Estate Group
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