580 Creek Hill Way Justin, TX 76247

Property Details for 580 Creek Hill Way

Lot size

6.70 lot acres

Property type

Commercial real estate

Description

Exceptional 6.7-acre commercial land opportunity in Justin, Texas, currently zoned residential but with potential for commercial rezoning (general business). This property boasts a prime location less than half a mile from Justin Town Square, offering unparalleled access to the community's amenities and vibrant atmosphere. Its strategic positioning will benefit significantly from the projected FM 407 expansion (estimated completion 2028-2030), anticipating a daily traffic volume of approximately 10,000 vehicles. Furthermore, the property enjoys proximity to FM 156, which recorded 11,305 vehicles per day in 2023. Justin is experiencing remarkable growth, with an estimated 12,000 new homes planned for the next 5-10 years, making this land an ideal investment for future development. While existing structures (a home, apartment, and barn) are present on the site, they are inaccessible, and the property's value is primarily attributed to the land itself. The asking price is $1,999,000, translating to $6.85 per square foot. This represents a unique chance to acquire a substantial parcel in a rapidly developing Texas town. The property is held in an estate ownership.