Well-Located Office
For Sale
$750,000
1206 Hart ST, Georgetown, TX 78626
Functional office building totaling about 1,800 square feet, positioned for quick regional access near major routes.
Property Size1,800 SF
Price / SF$416.67
Days on Market167
Property Features for 1206 Hart ST
General Information
Standard status
Active
Size
1,800 SF
Property subtype
Business
Taxes and HOA fees
Annual Taxes
$14,804
Building Details
Building Size
1,800 SF
Year Built
2016
Listing Agency:
First Texas Brokerage Company
Listed By:
Ryan Hodge · License #0470284
(254) 947-5577
Source:
Teamwestre
Added: May 7
Changed: Oct 6
Last Checked: Oct 19 at 3:08PM
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 First Texas Brokerage Company
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Investment Insights
Based on property information with market context.
1206 Hart Street offers a functional office building with approximately 1,800 square feet of space, well-suited to a range of business operations. The layout is described as adaptable for professional services, medical users, or owner-occupants seeking a straightforward option for establishing or expanding a presence.
The property is located in Georgetown and is positioned just minutes from I-35, providing convenient access to Austin, Round Rock, and the greater North Corridor. This connectivity supports day-to-day accessibility for staff, clients, and visitors while keeping the building positioned in a fast-growing Central Texas market.
The property is located in Georgetown and is positioned just minutes from I-35, providing convenient access to Austin, Round Rock, and the greater North Corridor. This connectivity supports day-to-day accessibility for staff, clients, and visitors while keeping the building positioned in a fast-growing Central Texas market.
Key Highlights
- ~1,800 SF office building with a functional layout for professional services or medical use
- Located in Georgetown, positioned just minutes from I‑35 for convenient regional access
- Easy access to Austin, Round Rock, and the greater North Corridor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,922
Cap Rate
5.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$858,440
$858.4K
Cap Rate 7%
$613,171
$613.2K
Cap Rate 9%
$476,911
$476.9K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$75.6K $42.00/SF
− Vacancy
−$18.4K −$10.21/SF
EGI
$57.2K $31.79/SF
− OpEx
−$14.3K −$7.95/SF
NOI
$42.9K $23.85/SF
Area
Williamson County, TX
Vacancy
24.30%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$858,440
Cap Rate 7%
$613,171
Cap Rate 9%
$476,911
Alternative Uses
Best Use
Office B
$613.2K
$536.5K – $715.4K
NOI $42,922 @ 7.0% cap · market cap 5.72%
Second Best
Healthcare Medical
$466.6K
$408.2K – $544.3K
NOI $32,659 @ 7.0% cap · market cap 4.35%
Theoretical Best
Office A
$752.4K
$658.4K – $877.9K
NOI $52,671 @ 7.0% cap · market cap 7.02%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,901
Businesses Nearby
Explore this area
Business Placement
Demographics for 78626, TX
39,935
Population
16,866
Households
2.4
Avg Household Size
34
Median Age
36%
College-Educated
90%
High-School Grad
88.6 sq mi
ZIP Area
451
Density / Sq Mi
$94,967
Median Household Income
$44,955
Median Earnings
$1,752
Median Rent
$358,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Functional office building totaling about 1,800 square feet, positioned for quick regional access near major routes.
Where is this office building located?
The property is located at 1206 Hart ST Georgetown, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: ~1,800 SF office building with a functional layout for professional services or medical use; Located in Georgetown, positioned just minutes from I‑35 for convenient regional access; Easy access to Austin, Round Rock, and the greater North Corridor
