General Office
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2251 Double Creek Drive, Round Rock, TX 78664
Office space within a 28-unit commercial property.
Property Size836 SF
Price / SF$370.81
Days on Market6
Property Features for 2251 Double Creek Drive
General Information
Standard status
Active
Size
836 SF
Property subtype
Office
Zoning
General Office
Occupancy
100%
Building Details
Year Built
2003
Stories
1
Units
28
Tenancy
Single
Listing Agency:
Dube's Commercial, Inc.
Listed By:
Robert Dube · License #TX 365515
Source:
Crexi
Added: Jul 30
Changed: Aug 3
Last Checked: Aug 4 at 3:36AM
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 Dube's Commercial, Inc.
Investment Insights
Based on property information with market context.
Unit #401 at 2251 Double Creek Drive provides 836 square feet of office space within a 28-unit property. The building was constructed in 2003 and carries General Office zoning.
The property is located in Round Rock, Texas, with the listed address at 2251 Double Creek Drive, Unit #401.
The property is located in Round Rock, Texas, with the listed address at 2251 Double Creek Drive, Unit #401.
Key Highlights
- 836 SF office unit
- Part of a 28‑unit property
- General Office zoning
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.1k | $30.00 |
| − Vacancy | −$7.3k | −$8.79 |
| EGI | $17.7k | $21.21 |
| − OpEx | −$4.4k | −$5.30 |
| NOI | $13.3k | $15.91 |
836 SF · lease $30.00/SF/yr · vacancy 29.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$190.0K
$166.2K – $221.7K
NOI $13,299 @ 7.0% cap · market cap 4.29%
Second Best
Healthcare Medical
$170.3K
$149.0K – $198.6K
NOI $11,918 @ 7.0% cap · market cap 3.84%
Theoretical Best
Office A
$264.8K
$231.7K – $309.0K
NOI $18,539 @ 7.0% cap · market cap 5.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
532
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
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 - Office space within a 28-unit commercial property.
Where is this office units located?
The property is located at 2251 Double Creek Drive Round Rock, TX.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: 836 SF office unit; Part of a 28‑unit property; General Office zoning
