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General Description
minimizeThis is a great opportunity for this growing area. 4000 sq ft building on .34 acre lot in the original downtown of Josephine. Located on the corner of Main FM 547 and Hubbard. The building is currently zoned as multi-family with a 2 bedroom,2 bath apartment that is currently leased. The rest of the building has been taken down to the studs in preparation for a 4 unit apartment complex.The seller will furnish all the architect and building plans that he had completed for the project. Down the street a brand new elementary school will be opening in Fall 2024 as well as plans for a new Jr High in 2026. The building could be used in many ways besides multi family. City of Josephine will need to be consulted for zoning, and approvals. Bring your vision and discover the possibilities in this rapidly changing area.Josephine is in the southeast corner of Collin County, located just outside of Hunt County and has been one of the fastest growing cities in the state with more rooftops on the way.
Interior Features
Exterior Features
Source
Selling Agent and Brokerage
minimizeProperty Tax
minimizeMarket Value Per Appraisal District
Cost/sqft based on Market Value
| Tax Year | Cost/sqft | Market Value | Change | Tax Assessment | Change |
|---|---|---|---|---|---|
| 2023 | $-- | $135,336 | 10.17% | $135,336 | 10.17% |
| 2022 | $-- | $122,839 | 55.57% | $122,839 | 55.57% |
| 2020 | $-- | $78,963 | -5.94% | $78,963 | -5.94% |
| 2019 | $-- | $83,947 | -12.18% | $83,947 | -12.18% |
| 2018 | $-- | $95,591 | 18.83% | $95,591 | 18.83% |
| 2017 | $-- | $80,443 | 25.94% | $80,443 | 25.94% |
| 2016 | $-- | $63,873 | $63,873 |
2023 Collin County Appraisal District Tax Value
| Market Land Value: | $24,750 |
| Market Improvement Value: | $110,586 |
| Total Market Value: | $135,336 |
2023 Tax Rates
| JOSEPHINE CITY: | 0.4681 % |
| COLLIN COUNTY: | 0.1493 % |
| COLLIN CO COMMUNITY COLLEGE: | 0.0812 % |
| COMMUNITY ISD: | 1.2575 % |
| Total Tax Rate: | 1.9562 % |
Estimated Mortgage/Tax
minimize| Estimated Monthly Principal & Interest (Based on the calculation below) | $ 936 |
| Estimated Monthly Property Tax (Based on Tax Assessment 2023) | $ 221 |
| Home Owners Insurance | Get a Quote |
Schools
minimizeSchool information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
ASSIGNED SCHOOLS
Good | 
View Nearby Schools ↓
Property Map
minimize603 Main St Josephine TX 75173 was recently sold. It is a 0.35 Acre(s) Lot, 2 Beds, 2 Full Bath(s) in Josephine Original Donation.
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