Building Details

Year Built 2006

Listing Agency: Gold Tier Real Estate, LLC c***@goldtier.net Show Phone

Listed By: Taylor Golden · License #0725215 Show Phone

Source: Hoydenhomes

Added: Sep 16 Changed: Oct 28 Last Checked: Oct 28 at 3:38PM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gold Tier Real Estate, LLC

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

The Jade Center is a retail property built in 2006. Its available suite contains 912 square feet, with the center positioned at the intersection of FM 1431 and Austin Drive.

The property has approximately 300 feet of frontage along FM 1431 and is located in Jonestown, Texas. The surrounding communities named for the center are Jonestown, Lago Vista, and Travisso.

Key Highlights

• 912 SF retail suite
• Approximately 300 feet of frontage on FM 1431
• At the intersection of FM 1431 and Austin Drive

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$114,454

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,289,080 $2.3M

Cap Rate 7%

$1,635,057 $1.6M

Cap Rate 9%

$1,271,711 $1.3M

What to ask about pricing

Market Conditions

NOI Build-Up for 6,500 SF

Gross rent

$169.3K $26.04/SF

− Vacancy

−$5.8K −$0.89/SF

EGI

$163.5K $25.15/SF

− OpEx

−$49.1K −$7.55/SF

NOI

$114.5K $17.61/SF

Area

Travis County, TX

Vacancy

3.40%

Lease Rate

$26.04 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,289,080

Cap Rate 7%

$1,635,057

Cap Rate 9%

$1,271,711

Alternative Uses

Best Use

Retail

$1.64M

$1.43M – $1.91M (±1% cap)

NOI $114,454 @ 7.0% cap · market cap 602,389.47%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$2.72M

$2.38M – $3.17M (±1% cap)

NOI $190,201 @ 7.0% cap · market cap 1,001,057.89%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Parking Lot & Garage Dental Office Hair Salon Electrical Service Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

202

Businesses Nearby

6k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Texaco Shops & Services

3,449 visits/mo 0.2 miles

Mobil Shops & Services

2,554 visits/mo 0.3 miles

Demographics for 78645, TX

14,051

Population

7,525

Households

1.9

Avg Household Size

50

Median Age

45%

College-Educated

96%

High-School Grad

32.5 sq mi

ZIP Area

432

Density / Sq Mi

$108,393

Median Household Income

$59,128

Median Earnings

$1,455

Median Rent

$387,200

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Frequently Asked Questions

What type of property is this?

Retail space - A 912-square-foot space sits within a retail center at the FM 1431 and Austin Drive intersection.

Where is this retail space located?

The property is located at 18601 FM 1431 #104 Jonestown, TX.

What are key features of this property?

This property features: 912 SF retail suite; Approximately 300 feet of frontage on FM 1431; At the intersection of FM 1431 and Austin Drive