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    18314 Fm 156 S Justin, TX 76247

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    For Sale
    $2,100,000

    4.62 acres with road frontage in Justin, Texas.

    Lot size:
    4.62 Acres

    Property Features for 18314 Fm 156 S

    General Information

    Lot size
    4.62 Acres

    Building Details

    Year built
    1975

    Source: Major League Realty, Inc. Agent Janet Strader

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Land on FM 156

    This property features 4.62 acres of land with road frontage on FM 156 S in Justin, Texas, located in Denton County. The land offers excellent visibility. Currently zoned for residential use, the value is primarily in the land itself. The property is located within the Fort Worth ETJ. Buyers and their agents are responsible for verifying the possibility and consequences of any zoning changes, as well as confirming all MLS information.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Gym & Fitness Food Market Accounting Firm Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Justin
    County
    Denton
    State
    Texas
    Longitude
    -97.3125256
    Latitude
    33.0226269

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    FAQs

    What type of property is this?
    Land - 4.62 acres with road frontage in Justin, Texas.
    Where is this land located?
    The property is located at 18314 Fm 156 S Justin, TX.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: - 4.62 acres of land; - Road frontage on FM 156 S; - Located in Justin, TX (Denton County)
    Request Owner's contact information
    18314 Fm 156 S Justin, TX 76247
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    Justin, TX 76247
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    18314 Fm 156 S Justin, TX 76247
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