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$349,000

823 S State Highway 16, Jourdanton, TX, 78026

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About this property

This commercial property is located at 823 S. Hwy 16 in Jourdanton, Texas. It has amazing visibility with 325’ of Highway frontage. It has been used for the last few years as an equipment rental facility, but provides a variety of other operational uses. The property is completely fenced with a very nice concrete skirted entrance. The entrance is offset from the highway approximately 110’ and has a 25’ cattleguard/gated entry, giving plenty of room for bigger equipment to safely exit the highway. Approximately 1.5 acres of the property is covered with stabilized limestone base, to accommodate heavier equipment. There are currently a few mobile homes on the property that will be removed within a few weeks. Electricity to the property is both single phase as well as a recent addition of 3 phase power that has been run down the south side with a brand new 400 amp service to the lot. AEP is the electric provider. The water is provided by a city meter, and there is also a septic system in place. Fiber optic internet service is also available. Zoning for the tract is Heavy Commercial Industrial. Zoning use and restrictions can be provided by contacting the city of Jourdanton. Just minutes away from all the amenities that Jourdanton and Pleasanton have to offer including HEB, Walmart, multiple shopping areas and eateries as well as the Methodist Hospital.

Investor Tools

$0Estimated Mortgage Balance
$349,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,094 /month
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Cash Flow Estimate:
$698 /month

Interested in this property?

Shawn Smith

Victory Ranch Sales, LLC

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Financing Details

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

City: Jourdanton

823 S State Highway 16 | Property Details | No Agent List