Round Rock Flex Warehouse
2100 Double Creek Dr 120, Round Rock, TX 78664
For Sale
$399,900
Two-story flex/warehouse unit with excellent natural light and modern amenities.
Property Size1,460 SF
Lot Size0.03 Acres
Price / SF$273.90
Days on Market229
Property Features for 2100 Double Creek Dr 120
General Information
Standard status
Size
Lot size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Compass RE Texas, LLC
Listed By:
Reese Phillips · License #0628054
(512) 639-0954
Source:
Elliman
Added: Mar 24
Changed: Aug 17
Last Checked: Aug 14 at 6:04AM
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 Compass RE Texas, LLC
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Investment Insights
Based on property information with market context.
Located in Round Rock, just off SH 45 Toll, this two-story flex/warehouse unit offers approximately 1,460 square feet of space, including 1,125 square feet on the main level and a 335-square-foot mezzanine. The unit benefits from two large side windows and a sliding glass door, providing ample natural light. It features a 14’ x 14’ powered overhead garage door with windows, a clear height of 21’4”, and a finished bathroom with hot water. The space is fully insulated and equipped with an individually heated/cooled Carrier HVAC system, spiral ducting, and a Honeywell Wi-Fi thermostat. LED lighting and a large ceiling fan are installed throughout. Water access is available on the side of the building. The layout is suitable for various uses, including business operations, storage, or personal use. The Homeowner's Association fee is $365 per month, covering water, sewer, trash, grounds maintenance, and landscaping. The unit is turnkey and ready for immediate use.
Key Highlights
- Prime Round Rock location with easy access to SH 45 Toll.
- 1,460 SF flex/warehouse unit with 1,125 SF main level and 335 SF mezzanine.
- Features a 14’ x 14’ powered overhead garage door with windows and 21’4” clear height.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,987
Cap Rate
3.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$299,740
$299.7K
Cap Rate 7%
$214,100
$214.1K
Cap Rate 9%
$166,522
$166.5K
Market Conditions
NOI Build-Up for 1,460 SF
Gross rent
$24.5K $16.80/SF
− Vacancy
−$1.5K −$1.01/SF
EGI
$23.1K $15.79/SF
− OpEx
−$8.1K −$5.53/SF
NOI
$15.0K $10.26/SF
Area
Round Rock, TX
Vacancy
6.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$299,740
Cap Rate 7%
$214,100
Cap Rate 9%
$166,522
Alternative Uses
Best Use
Flex RnD
$214.1K
$187.3K – $249.8K
NOI $14,987 @ 7.0% cap · market cap 3.75%
Second Best
Industrial
$199.7K
$174.8K – $233.0K
NOI $13,981 @ 7.0% cap · market cap 3.50%
Theoretical Best
Office A
$462.5K
$404.7K – $539.6K
NOI $32,377 @ 7.0% cap · market cap 8.10%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
726
Businesses Nearby
Under-served
Demand for This Use
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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
$317,400
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Williamson County, TX
Properties on Market for Flex space in Williamson County
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Two-story flex/warehouse unit with excellent natural light and modern amenities.
Where is this flex space located?
The property is located at 2100 Double Creek Dr 120 Round Rock, TX.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Prime Round Rock location with easy access to SH 45 Toll.; 1,460 SF flex/warehouse unit with 1,125 SF main level and 335 SF mezzanine.; Features a 14’ x 14’ powered overhead garage door with windows and 21’4” clear height.
