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    510 Crk 317 Rd Jonesboro, TX 76538

    Sponsored
    For Sale
    $695,000

    6-Acre Estate, Multiple Dwellings, Huge Potential

    Property size:
    8,767 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 6.37-acre property in Jonesboro, Texas, presents a remarkable opportunity for diverse uses. The main residence offers 5 bedrooms and 4 bathrooms, complemented by a spacious living area, large dining space, and a chef's kitchen with ample cabinetry. Adding to the property's versatility is a bunkhouse/duplex unit with 4 bedrooms and 2 bathrooms, and a fourplex providing an additional 4 bedrooms and 3 bathrooms. A self-contained studio suite, complete with kitchen, bedroom, and bathroom, offers further accommodation options. A charming log cabin, currently used for storage, and a sizable chicken coop are also included. A two-car garage features extra storage and a tool room. The entire property is fenced, and includes a goat pen with a 3-foot shelter. Mature trees and lush green grass enhance the tranquil atmosphere. The substantial 8,767 square foot building footprint offers significant potential. Previously utilized for senior care and as a Christian retreat, this property is ideally suited for a variety of commercial or residential ventures. Its unique blend of living spaces and outbuildings provides exceptional flexibility for the discerning buyer. The property's size and diverse features make it a truly exceptional offering.

    Property Features for 510 Crk 317 Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    8,767 SF
    Lot Size
    277,477 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jonesboro
    County
    Hamilton
    State
    Texas
    Longitude
    -97.87624
    Latitude
    31.61974

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    FAQs

    What type of property is this?
    Commercial real estate - 6-Acre Estate, Multiple Dwellings, Huge Potential
    Where is this commercial real estate located?
    The property is located at 510 Crk 317 Rd Jonesboro, TX.
    What is the asking price?
    The asking price for this property is $695,000.
    (972) 712-9898
    Request Owner's contact information
    510 Crk 317 Rd Jonesboro, TX 76538
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    Jonesboro, TX 76538
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    510 Crk 317 Rd Jonesboro, TX 76538
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