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$6,000,000

703 E Cook Street, Josephine, TX, 75189

Under ContractInfo
CommercialInfo
Baths0 Bath
Unimproved LandUnimproved Land
Year BuiltBuilt in 2026

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size17.01 acres

Land Information

APNR-6228-000-0080-1
Lot Number8
SubdivisionJohn Copeland Survey
Land UseResidential
Legal DescriptionABS A0228 JOHN COPELAND SURVEY, TRACT 8, 23.858 ACRES; (SPLIT BY COUNTY LINE 17.008 ACS IN CC) (SPLIT BY COUNTY LINE 17.008 A
Census Tract031201
Assessed Land Value$850,400
Assessment Year2025

About this property

Prime Acreage in the Heart of Josephine, TX. A Rare Development Opportunity! This exceptional tract located inside the city limits of fast-growing Josephine, TX offers a standout opportunity for commercial, residential, or mixed-use development in one of the area’s most active growth corridors. Positioned on the NE corner of FM 6 (E Cook St) and Caddo Street, directly across from the Valero gas station, this property sits along a main thoroughfare and is surrounded by multiple new residential developments, creating strong demand for neighborhood retail, services, and future development. According to the city’s current comprehensive plan, the tract lies within the Local Retail area, and the city has expressed a clear need for additional retail and commercial support for the rapidly expanding population, with a grocery store noted as the number 1 request. Infrastructure highlights include a new 16” water line adjacent to the property across the south side of FM 6-Cook Street, sewer access to the north, and two existing TxDOT entrances off Cook Street, offering excellent access and development potential. With a prime corner pad site, strong visibility, and a motivated seller entertaining offers, this is a rare chance to secure a strategic position in Josephine’s next wave of growth.

Investor Tools

$0Estimated Mortgage Balance
$850,400Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$36,000 /month
Positive
Cash Flow Estimate:
$12,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,534/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,152
$850,400
2025
$850,400
N/A
$850,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,152
$850,400

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$850,400
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: Josephine

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703 E Cook Street | Property Details | No Agent List