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580 Creek Hill Way - 6.7 Acres with Utilities Near Justin Town Ctr

6.7 Acres of Commercial Land Offered at $1,999,000 in Justin, TX 76247

Investment Highlights

  • Half mile from Justin Town Center
  • Near corner of high traffic FM 156 and Proposed FM 407 Realignment
  • Can be rezoned to Commercial (General Business)

Executive Summary

Amazing land opportunity in the heart of Justin, TX! 6.7 acres currently zoned residential, but can be re-zoned to commercial (general business). Less than .5 miles to Justin Town Center. Will be very close to the road frontage for the new FM 407 expansion (projected around 10,000 vehicles per day), which is scheduled to begin construction between 2028 and 2030. Also, very near FM 156 with traffic counts of 11,305 vehicles per day in 2023. Justin and the surrounding area are experiencing rapid growth with a projected 12,000 new homes built within the next 5-10 years. There is a home, apartment, and barn on the property, but they are not accessible, as the value of this property is in the land. Call Wes Walser to view the property. This is an estate sale. The effectiveness, terms and or conditions of this agreement, and or any contracts and or ancillary documents associated with such contract for the sale of the Property may be subject to the orders, decrees and judgments of the Probate Court No. 2 of Denton County, Texas, under cause number PR-2023-01357-A. Also subject to estate case PR-2023-00798-B.

Property Facts

Price $1,999,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
Total Lot Size 6.70 AC

1 Lot Available

Lot

Price $1,999,000
Price Per AC $298,358
Lot Size 6.70 AC

A1127A ROBERTS, TR 2B, 6.704 ACRES

Description

6.7 acres just west of FM 156 and just south of proposed FM 407 realignment.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R187412
Land Assessment
$45,864
Improvements Assessment
$223,330
Total Assessment
$145,294

zoning

Zoning Code Residential (Current zoning is residential. City is okay with rezoning to commercial (general business).)
Residential (Current zoning is residential. City is okay with rezoning to commercial (general business).)
  • Listing ID: 33001049

  • Date on Market: 8/29/2024

  • Last Updated:

  • Address: 580 Creek Hill Way, Justin, TX 76247

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