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    511 Cook St Josephine, TX 75164

    • Retail properties
    For Sale
    View listing
    $1,300,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 511 Cook St

    Property type
    Retail properties
    Property subtype
    Mixed-use properties

    Description

    This exceptional 5-acre property, located at 511 E Cook St, Josephine, TX 75164, presents a unique investment opportunity in the rapidly expanding eastern Collin County. The property boasts frontage on both Cook and Caddo Streets and is ideally suited for a variety of uses, including residential development (potentially a rental community), retail, mini-storage, or office space. The site's strategic location is surrounded by new construction and developments by D.R. Horton and other prominent builders, reflecting the area's robust growth. Utilities are readily accessible, with sewer lines located just feet from the property and water lines along the frontage. Adding to its appeal, the property includes a very nice existing home, currently leased, which could serve as office space. The high growth potential is further underscored by the Community ISD's ongoing expansion, adding at least one campus annually to accommodate the area's rapid population increase. This property offers significant potential for developers seeking to capitalize on the thriving real estate market in eastern Collin County. Additional acreage is available on either side, potentially expanding the total land area to 15 acres. Asking price is $1,300,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Josephine
    County
    Collin
    State
    Texas
    Longitude
    -96.3004
    Latitude
    33.0627

    Comparable in this City

    • Value Estimation by Request
      23.86 Acres

      703 Cook St

      Land • 23.86 Acres
      703 Cook St, Josephine, TX 75164
      View Details
    • Value Estimation
      $305,000
      3,356 SF

      404 Main St

      COMMERCIAL (GENERAL) • 3,356 SF
      404 Main St, Josephine, TX 75164-2000
      View Details

    Similar Nearby for Sale

    • $1,300,000

      Josephine, TX Mixed-Use Development

      5-Acre Commercial/Residential Opportunity in Josephine, TX
      511 Cook St, Josephine, TX 75164
      View Details
    • $5,584,217

      Prime Commercial Land on FM6

      14.2 acres with road frontage in rapidly developing area.
      99 E Fm 6, Josephine, TX 75164
      View Details
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    511 Cook St
    Josephine, TX 75164
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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
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