Property summary
This exceptional 0.33-acre property at 503 East Street in Josephine, TX, presents a unique investment opportunity. Priced at $259,500, this property boasts a 1,096 square foot older frame home currently owner-occupied. The home features an attached carport and a fenced area, ideal for pets. A detached building offers versatile space, perfect for a workshop, storage, or other uses. The property's location within a rapidly developing area offers significant potential for various commercial ventures. Its proximity to major highways ensures excellent accessibility and visibility. The existing structure provides immediate income potential, while the ample land and detached building allow for expansion or redevelopment to suit a wide range of business needs. This is a rare chance to acquire a multi-use property in a high-growth area, offering both immediate return and long-term growth potential. The property's versatility makes it suitable for a variety of commercial uses, or it could be repurposed to meet the needs of a growing business. Don't miss this chance to secure a prime location in a thriving community. The property is ready for your vision and entrepreneurial spirit.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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