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$304,000

NAL Estimated Property Value

307 E 5th St, Justin, TX, 76247

Off MarketInfo
CommercialInfo
Baths912 Sq Ft
IndustrialIndustrial
Year BuiltBuilt in 1972

Highlights

Interior

Garage AvailableGarage Available
Heating GasHeating Gas
FlooringOther

Exterior

Lot Size5,998 sqft

Building Information

Year Built1972
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR69514
Lot Number5
SubdivisionO T Justin
Land UseResidential
Legal DescriptionO T JUSTIN BLK 42 LOT 5
Census Tract020314
Assessed Land Value$60,000
Assessed Improvement Value$43,776
Assessment Year2025

About this property

This versatile commercial property, located on FM 407 in Justin offers a prime opportunity for a wide range of retail, commercial, and office uses. Boasting General Business zoning, the property is perfectly positioned to accommodate diverse business ventures, making it an ideal location for entrepreneurs and established businesses alike. With its strategic location and flexible zoning, this property presents an excellent canvas for establishing a thriving retail outlet, commercial enterprise, or office space. Don't miss the chance to make this dynamic property the home of your next business venture.

Investor Tools

Property Icon
$304,000
Estimated Property Value
$0Estimated Mortgage Balance
$304,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,824 /month
Positive
Cash Flow Estimate:
$608 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$140/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$162
$90,456
2025
$60,000
$43,776
$103,776
No

Tax History

Year
Tax Paid
Assessed Value
2024
$162
$90,456

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$304,000
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.

Explore Texas Explore This Area
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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307 E 5th St | Property Details | No Agent List