18601 F M Road 1431, Jonestown, TX


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About 18601 F M Road 1431

100% leased. Estimated Cap Rate 2023 3.71%, 2023 5.05%. 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. 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.

Features of 18601 F M Road 1431

MLS® # 3191736
Price $2,050,000
Bathrooms 0.00
Acres 0.92
Year Built 2006
Type Commercial Sale
Sub-Type Retail
Status Active

Community Information

Address 18601 F M Road 1431
Area LN
Subdivision Jonestown Hills Unit 04 Amd
City Jonestown
County Travis
State TX
Zip Code 78645


Utilities Cable Available, Electricity Available, High Speed Internet Available
Parking Common, Lighted, On Site
View Hills
Is Waterfront No
Has Pool No


Interior Concrete, Laminate
Heating Central
Fireplace No


Construction Concrete, See Remarks, Stone Veneer
Foundation Slab

Additional Information

Date Listed October 17th, 2021
Days on Market 704
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeAustin Here I Come

Listing Map

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