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$231,000

NAL Estimated Property Value

18508 James Smith Rd, Justin, TX, 76247

$252,159 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,120 Sq Ft
price_per_sqft$213.39 / sqft
Year BuiltBuilt in 1997

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesNone

Exterior

Lot Size2.89 acres

Building Information

Year Built1997
Stories1
Garage Spaces2

Land Information

APNR80269
Lot Number34
SubdivisionFoxbane Estates
Land UseResidential
Legal DescriptionFOXBANE ESTATES LOT 34 SN#1 TXFLV66A01872CG11 HUD# RAD0974555
Census Tract020319
Assessed Land Value$153,435
Assessed Improvement Value$62,486
Assessment Year2025

About this property

The opportunities are endless with this nearly 3 acre parcel of land in the heart of Justin, TX! Rehab the manufactured home currently on site, divide the property into two separate parcels and add a new home with utilities on each property. Replace the current structure with a single home and enjoy all of the space and freedom from restrictive HOAs or too-close neighbors. The choice is yours! While the bulk of the property's value is in the land, there is a carport and storage building, both of which are in good condition, and an on-site sewer system and drain field, the condition of which is unknown. Water is provided by Aqua Co-Op so no need to drill costly wells, if you don't want to. Property feeds into Northwest ISD schools.

Investor Tools

Property Icon
$231,000
Estimated Property Value
$0Estimated Mortgage Balance
$231,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$252,159
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,434 /month
Positive
Cash Flow Estimate:
$478 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$112/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$192
$197,153
2025
$153,435
$62,486
$215,921
Yes (2021)

Tax History

Year
Tax Paid
Assessed Value
2025
$192
$197,153

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$231,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Justin

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18508 James Smith Rd | Property Details | No Agent List