Office Suite with Private
For Sale
Contact for pricing
2261 Gattis School Road #125, Round Rock, TX 78664
A reception area, four offices, a kitchenette, and one restroom make up the suite’s interior layout.
Property Size7,392 SF
Price / SF$0.32
Days on Market65
Property Features for 2261 Gattis School Road #125
General Information
Standard status
Active
Size
7,392 SF
Property subtype
Office
Site & Location
Neighborhood
South Creek
Additional Details
Property Use
Office
Building Details
Year Built
2021
Listing Agency:
Robert Hilton, Broker
(512) 660-1664
Listed By:
Robert Hilton
(512) 872-6055
Source:
Hoydenhomes
Added: Aug 26
Changed: Oct 28
Last Checked: Oct 28 at 2:42PM
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 Robert Hilton, Broker
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Investment Insights
Based on property information with market context.
Suite 125 at 2261 Gattis School Road provides 1,022 square feet of office space. The interior includes a reception area, four offices of about 130 square feet each, a kitchenette, and one restroom. The building was constructed in 2021.
A neighboring 1,022-square-foot suite, numbered 130, is also available. Both suites are located at the same Gattis School Road address in Round Rock, Texas.
A neighboring 1,022-square-foot suite, numbered 130, is also available. Both suites are located at the same Gattis School Road address in Round Rock, Texas.
Key Highlights
- Suite 125 contains 1,022 square feet
- Four offices of about 130 square feet each
- Reception area, kitchenette, and one restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$117,588
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,351,760
$2.4M
Cap Rate 7%
$1,679,829
$1.7M
Cap Rate 9%
$1,306,533
$1.3M
Market Conditions
NOI Build-Up for 7,392 SF
Gross rent
$221.8K $30.00/SF
− Vacancy
−$65.0K −$8.79/SF
EGI
$156.8K $21.21/SF
− OpEx
−$39.2K −$5.30/SF
NOI
$117.6K $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%
$2,351,760
Cap Rate 7%
$1,679,829
Cap Rate 9%
$1,306,533
Alternative Uses
Best Use
Office B
$1.68M
$1.47M – $1.96M
NOI $117,588 @ 7.0% cap · market cap 4,899.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.34M
$2.05M – $2.73M
NOI $163,925 @ 7.0% cap · market cap 6,830.21%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
750
Businesses Nearby
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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
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A reception area, four offices, a kitchenette, and one restroom make up the suite’s interior layout.
Where is this office unit located?
The property is located at 2261 Gattis School Road #125 Round Rock, TX.
What are key features of this property?
This property features: Suite 125 contains 1,022 square feet; Four offices of about 130 square feet each; Reception area, kitchenette, and one restroom
