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$225,000

303 E 5th Street, Justin, TX, 76247

On MarketInfo
Just AddedInfo
CommercialInfo
Baths0 Bath
Baths1,704 Sq Ft
BusinessBusiness
Year BuiltBuilt in 1973

Highlights

Interior

Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringOther, Terrazzo

Exterior

Lot Size5,998 sqft

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR69516
Lot Number6
SubdivisionO T Justin
Land UseResidential
Legal DescriptionO T JUSTIN BLK 42 LOT 6
Census Tract020314
Assessed Land Value$60,000
Assessed Improvement Value$67,636
Assessment Year2025

About this property

Unique opportunity in downtown Justin! This property is being sold for lot value but also includes a residential home on-site. Featuring prime frontage along FM 407, the location offers excellent visibility and accessibility. Surrounding lots are also available, creating potential for larger combined development or investment opportunities. Whether you’re seeking a future building site, investment property, or redevelopment opportunity, this location is full of possibilities.

Investor Tools

Property Icon
$276,000
Estimated Property Value
$0Estimated Mortgage Balance
$83,776Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,656 /month
Positive
Cash Flow Estimate:
$552 /month

Interested in this property?

Charles Brown

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$321/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,476
$127,636
2025
$60,000
$67,636
$127,636
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,476
$127,636

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Unknown
$448,000
No
First
May 27, 2005
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$192,224
$83,776
30%
70%
$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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303 E 5th Street | Property Details | No Agent List