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Office Condo with Private Offices
For Sale
$385,000

5373 Williams Dr 240, Georgetown, TX 78633

Functional commercial suite with reception, private offices, and an in-suite restroom for professional business operations.

Property Size1,237 SF
Price / SF$311.24
Days on Market64

Property Features for 5373 Williams Dr 240

General Information

Standard status Active
Size 1,237 SF

Additional Details

Highway Access Yes

Building Details

Year Built 2020
Listing Agency: All City Real Estate Ltd. Co
Listed By: Radha Vallabhajosyula
Source: Cityviewtx
Added: Aug 8 Changed: Oct 6 Last Checked: Oct 7 at 4:49PM

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 All City Real Estate Ltd. Co

Investment Insights

Based on property information with market context.

Built in 2020, this office condominium includes a reception area, multiple enclosed offices, and a private restroom within the suite. The configuration supports professional, medical, administrative, and small-business uses identified for the property, while HOA management covers the building’s exterior and shared areas.

The unit is located at 5373 Williams Dr in Georgetown, with access to Sun City, Lake Georgetown, and IH-35. On-site parking and the property’s commercial-corridor setting add practical convenience for occupants and visitors. Unit 240 offers a low-maintenance ownership format within an established office building.

Key Highlights

  • Office condominium at 5373 Williams Dr 240 in Georgetown, TX
  • Reception area with multiple private offices
  • In‑suite restroom included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,497
Cap Rate
7.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$589,940 $589.9K
Cap Rate 7%
$421,386 $421.4K
Cap Rate 9%
$327,744 $327.7K
Market Conditions
NOI Build-Up for 1,237 SF
Gross rent
$52.0K $42.00/SF
− Vacancy
−$12.6K −$10.21/SF
EGI
$39.3K $31.79/SF
− OpEx
−$9.8K −$7.95/SF
NOI
$29.5K $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%
$589,940
Cap Rate 7%
$421,386
Cap Rate 9%
$327,744

Alternative Uses

Best Use
Office B
$421.4K
$368.7K – $491.6K (±1% cap)
NOI $29,497 @ 7.0% cap · market cap 7.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$517.1K
$452.5K – $603.3K (±1% cap)
NOI $36,197 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Restaurant Auto Repair Shop Big Box & Wholesale Store Law Firm Building Supply Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

329
Businesses Nearby

Demographics for 78633, TX

27,736
Population
14,711
Households
1.9
Avg Household Size
66
Median Age
56%
College-Educated
98%
High-School Grad
78.5 sq mi
ZIP Area
353
Density / Sq Mi
$99,967
Median Household Income
$61,496
Median Earnings
$1,836
Median Rent
$443,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Functional commercial suite with reception, private offices, and an in-suite restroom for professional business operations.
Where is this office units located?
The property is located at 5373 Williams Dr 240 Georgetown, TX.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Office condominium at 5373 Williams Dr 240 in Georgetown, TX; Reception area with multiple private offices; In‑suite restroom included
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