Views
Address
18601 F M Road 1431 Highway Lago Vista, TX
Price
$ 2,200,000
Property Attributes
  • MLS#3191736
  • TypeCommercial
  • CountyTRAVIS
  • CityLago Vista
  • AreaLN
  • NeighborhoodJonestown Hills Unit 04 Amd
  • Zip78645
  • StyleRetail
  • Year Built2006
  • Taxes$ 21387
  • Price$ 2,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6500
  • Lot Size0.92 Acres
Listing Provided Courtesy Of:
Austin Here I Come
Data Source:
Austin Board of REALTORS® (ABOR) - 105 - TX
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.

Price History
10/18/2021 Listed $2,200,000

General Features

Accessibility CustomizedWheelchairAccessible, AccessibleApproachwithRamp
Building Features GradeLevelLoading, PrivateRestrooms, SeeRemarks
City Lago Vista
Construction Materials Concrete, StoneVeneer, SeeRemarks
County Travis
Current Use Office
Days on Market 26
Directions From Cedar Park, take FM 1431 West about 6 miles to City of Jonestown, Corner of Austin Dr. & FM 1431. From Lago Vista, FM 1431, 4 miles, to City of Jonestown, property on right.
Disclosures Other
Flooring Concrete, Laminate
Heating Central
Leasable Area 6500.0
Lease Type BasePercentage, ModifiedGross, NNN
MLS Area LN
New Construction No
Operatingexpense 45000.0
Possession ClosingFunding
Property Sub Type Additional Retail
Property SubType Retail
Property Type CommercialSale
PropertyCondition Resale
Restrictions CityRestrictions
Sewer SharedSeptic, SepticTank
Special Listing Conditions Standard
Standard Status Active
Status Active
Street Name F M Road 1431
Subdivision Name Jonestown Hills Unit 04 Amd
Tax Annual Amount 21387.0
Tax Lot 10-A
Tax Year 2021
TaxAssessedValue 653749
Terms Cash, Conventional
Utilities CableAvailable, ElectricityAvailable, HighSpeedInternetAvailable
View Hills
Year Built 2006
Yearbuiltsource PublicRecords

Interior Features

Air Conditioning Y/N Yes
Street Suffix Highway

Exterior Features

Building Area Total 6500.0
Foundation Details Slab
Horse Y/N Yes
Lot Size Acres 0.92
Lot Size Area 0.92
Lot Size Source PublicRecords
Number of Buildings 1
Parking Features Common, Lighted, OnSite
Road Surface Type Paved
View Y/N Yes
Water Source Private
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 78645

Price
AVG $590K
$2.2M
Taxes
AVG $3,766
$21,387
Visits
AVG 115
6
Year Built
AVG 2006
2006

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