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.
Type & Style
- Property type:Purchase
- Year built:2006
Utilities / Energy Details
- Sewer information:Shared Septic, Septic Tank
- Utility source:Private
- Utility features:Cable Available, Electricity Available, High Speed Internet Available
Community and Neighborhood Details
- Subdivision:Jonestown Hills Unit 04 Amd
- Original List Price:$2, 200, 000
- Days on Market (Cumulative):708
- Buying Agency Compensation:3.000
- Taxes annual:$21, 387
- MLS #:3191736
Based on information submitted to the MLS GRID as of 2023-09-23 12:29:30 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Last Updated: . Source: ACTRIS
Listing Agent: Linda Dittoe (#491039), Phone: (512) 947-6400
Listing Office: Austin Here I Come (#8218)
Note: The results shown are estimates only and do not necessarily include accurate taxes or homeowner's insurance!