18660 Fm 1431 Jonestown, TX 78645
This exceptional investment opportunity presents a thriving retail center in Jonestown, Texas, encompassing a popular restaurant, convenience store, and Exxon gas station. Boasting 1,720 square feet on a one-acre lot at the highly visible, traffic-signaled intersection of FM 1431 and Lakeview Drive, this property benefits from significant road frontage (approximately 177 feet). The strategic location ensures excellent visibility and accessibility for both locals and tourists, particularly lake-goers. FM 1431 sees over 18,500 vehicles daily (Costar 2022 data), promising consistent traffic flow. Recent capital improvements exceeding $500,000 have enhanced the property's value, and there's ample potential for further expansion. The restaurant features four distinct menus, indoor and outdoor seating, and a full beer and wine license. Additional revenue streams are generated by an on-site ice machine and four double-sided fuel pumps. A large fenced yard provides opportunities for future development, such as expanded seating or a beer garden. The sale includes the business, land, and fixtures
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.