Finished Office
For Sale
$330,000
1000 Gattis School RD # 620, Round Rock, TX 78664
An interior office suite offers a reception area, coffee station, and four separate offices.
Property Size850 SF
Price / SF$388.24
Days on Market49
Property Features for 1000 Gattis School RD # 620
General Information
Standard status
Active
Size
850 SF
Property subtype
Office
Additional Details
HOA Fee
$200
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$6,680
Building Details
Building Size
850 SF
Year Built
2021
Listing Agency:
Epperson Realty Group LLC
Listed By:
Betty Epperson · License #0474240
(512) 630-7290
Source:
Denpg
Added: Aug 19
Changed: Oct 2
Last Checked: Oct 5 at 8:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Epperson Realty Group LLC
Investment Insights
Based on property information with market context.
This 850-square-foot office condo in Round Rock was built in 2021 and is configured for general office use. The interior unit includes four offices, an ADA restroom, a reception area, and a coffee area.
At 1000 Gattis School Road, the property is less than 2 miles from Highway 35.
At 1000 Gattis School Road, the property is less than 2 miles from Highway 35.
Key Highlights
- 850‑square‑foot interior office condo
- Four offices, an ADA restroom, reception area, and coffee area
- Finished for general office use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,521
Cap Rate
4.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$270,420
$270.4K
Cap Rate 7%
$193,157
$193.2K
Cap Rate 9%
$150,233
$150.2K
Market Conditions
NOI Build-Up for 850 SF
Gross rent
$25.5K $30.00/SF
− Vacancy
−$7.5K −$8.79/SF
EGI
$18.0K $21.21/SF
− OpEx
−$4.5K −$5.30/SF
NOI
$13.5K $15.91/SF
Area
Round Rock, TX
Vacancy
29.30%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$270,420
Cap Rate 7%
$193,157
Cap Rate 9%
$150,233
Alternative Uses
Best Use
Office B
$193.2K
$169.0K – $225.4K
NOI $13,521 @ 7.0% cap · market cap 4.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$269.3K
$235.6K – $314.2K
NOI $18,850 @ 7.0% cap · market cap 5.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
837
Businesses Nearby
Explore this area
Business Placement
Demographics for 78664, TX
60,287
Population
24,259
Households
2.5
Avg Household Size
34
Median Age
35%
College-Educated
90%
High-School Grad
16.6 sq mi
ZIP Area
3,632
Density / Sq Mi
$85,919
Median Household Income
$45,700
Median Earnings
$1,645
Median Rent
$317,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - An interior office suite offers a reception area, coffee station, and four separate offices.
Where is this office units located?
The property is located at 1000 Gattis School RD # 620 Round Rock, TX.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 850‑square‑foot interior office condo; Four offices, an ADA restroom, reception area, and coffee area; Finished for general office use
