Historic Round Rock Commercial
For Sale
$595,999
Pending
403 W Anderson Ave, Round Rock, TX 78664
Commercial building in historic Round Rock with highway access.
Property Size1,456 SF
Days on Market312
Property Features for 403 W Anderson Ave
General Information
Standard status
Pending
Size
1,456 SF
Total Parking Spaces
5
Zoning
C-1 General Commerical
Taxes and HOA fees
Annual Taxes
$14,954
Amenities
Appliances, Computer Ready, Computer Room, Conference Room, Electric Dryer Connections, Fixtures, Furniture, Gas Dryer Connections, Kitchen Equipment, Living Area, Multi-User, Open Space, Private Restrooms, Public Restrooms, Receptions Room, Sign - Freestanding, Single User, Telephone(s), Washer Connections
Adaptable Bathroom Walls, Accessible Bedroom, Accessible Entrance, Grip-Accessible Features, Accessible Hallway(s), Visitor Bathroom
Ceiling Fan(s), Central Air, Electric
Central, Electric
High Speed Internet
City
Additional Parking, Asphalt, Common, Direct Access, Driveway, Lighted, Off Street, Parking Lot, Private
Building Details
Building Size
1,456 SF
Year Built
1994
Buildings
1
Stories
1
Listed By:
Tonna Marcyes
(512) 657-1838
Source:
Evrealestate
Added: Nov 28, 2025
Changed: Oct 6
Last Checked: Oct 5 at 5:56PM
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 Tonna Marcyes
Investment Insights
Based on property information with market context.
The property is located in the heart of historic Round Rock and is zoned C-1 Commercial. It offers easy access to major highways including IH-35, SH 45, SH 79, and US 183. Downtown Austin and Bergstrom International Airport are within 30 minutes driving distance via IH-35 and IH-130. The building features 4 ADA accessible suites, a reception area, public and private restrooms, and a kitchen/break room. The owners are selling the entire building, and most of the furnishings can be conveyed.
Key Highlights
- C‑1 Commercial Zoning
- Located in the heart of historic Round Rock
- Easy access to major highways IH‑35, SH 45, SH 79, and US 183
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,161
Cap Rate
3.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$463,220
$463.2K
Cap Rate 7%
$330,871
$330.9K
Cap Rate 9%
$257,344
$257.3K
Market Conditions
NOI Build-Up for 1,456 SF
Gross rent
$43.7K $30.00/SF
− Vacancy
−$12.8K −$8.79/SF
EGI
$30.9K $21.21/SF
− OpEx
−$7.7K −$5.30/SF
NOI
$23.2K $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%
$463,220
Cap Rate 7%
$330,871
Cap Rate 9%
$257,344
Alternative Uses
Best Use
Office B
$330.9K
$289.5K – $386.0K
NOI $23,161 @ 7.0% cap · market cap 3.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$461.3K
$403.6K – $538.1K
NOI $32,288 @ 7.0% cap · market cap 5.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,378
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Commercial building in historic Round Rock with highway access.
Where is this office building located?
The property is located at 403 W Anderson Ave Round Rock, TX.
What is the asking price?
The asking price for this property is $595,999.
What are key features of this property?
This property features: C‑1 Commercial Zoning; Located in the heart of historic Round Rock; Easy access to major highways IH‑35, SH 45, SH 79, and US 183
