Justin TX Multi Family for Sale
$1,999,500
11638 Sam Reynolds Road Justin, TX 76247
- Type:
- Other
- Sq.Ft.:
- 2,016
- Status:
- Active
- Beds:
- 32
- Lot size:
- 1 Acres
- Year built:
- 1993
- Baths:
- 21.00
- MLS#:
- 20711016
- Subdivision:
- Sunflower Meadows
View additional info
Courtesy: Keller Williams Realty Ftworth
ADDITIONAL INFORMATION
A portfolio of nine income-producing properties located within 15 miles of each other is centrally situated in Justin (3), Ponder (2), and Rhome (4). All homes in the portfolio are 100% occupied by long-term tenants and generate a gross annual income of $181,560. All homes sit on 1+ acre lots and have been well-maintained, making these highly desirable rental units for any investor. This turn-key portfolio is an instant cash-flow opportunity in the high-growth area of Alliance, which straddles Denton and Tarrant counties. Alliance is one of the nation's premier business parks, offering a variety of work environments, including office, industrial, flex, and retail. Cash purchase, properties are not in the same neighborhood making it difficult for financing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Please be aware, tenants were not disturbed to obtain accurate room dimensions. PNL numbers are a 3-year average.
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Justin Real Estate
The median home value in Justin, TX is $350,500. This is lower than the county median home value of $431,100. The national median home value is $338,100. The average price of homes sold in Justin, TX is $350,500. Approximately 84.41% of Justin homes are owned, compared to 15.59% rented, while 0% are vacant. Justin real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Justin real estate agent to arrange a tour today!
Justin, Texas has a population of 4,441. Justin is less family-centric than the surrounding county with 31.04% of the households containing married families with children. The county average for households married with children is 40.87%.
The median household income in Justin, Texas is $97,869. The median household income for the surrounding county is $96,265 compared to the national median of $69,021. The median age of people living in Justin is 44.7 years.
Justin Weather
The average high temperature in July is 96 degrees, with an average low temperature in January of 32.8 degrees. The average rainfall is approximately 39 inches per year, with 1.5 inches of snow per year.