Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    603 S Railroad Ave Pflugerville, TX 78660

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    1.53-acre development site in Pflugerville's rapidly growing city.

    Type:Land
    Lot size:
    1.53 Acres
    Added:
    Feb 26, 2026
    Days on Market:
    34
    Last Refresh:
    Mar 17 at 1:17 pm

    Property Features for 603 S Railroad Ave

    General Information

    Standard status
    Active
    Lot size
    1.53 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Sullivan Johnston
    Sullivan Johnston

    Listing agent Sullivan Johnston License #TX 708030

    Listing office Avison Young - Austin

    Listing date Feb 26, 2026

    Source Crexi

    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 Avison Young - Austin

    Overview

    Pflugerville Development Site For Sale

    This 1.53-acre development site is located at 603 South Railroad Avenue in Pflugerville. The property is positioned in close proximity to Pflugerville’s historic downtown and key transportation corridors. It is zoned Retail District (RD), which allows for a range of potential uses and provides flexibility for developers. The property may be well suited for low-density multifamily or townhome development, catering to the continued demand for attainable housing options within the Pflugerville submarket. Its manageable size and residential-oriented surroundings make the site particularly attractive for developers looking to deliver projects in close proximity to employment centers, retail amenities, and major regional thoroughfares. With the broader Pflugerville market continuing to experience sustained population growth and residential expansion, this site represents a unique opportunity to capitalize on the area’s ongoing momentum while delivering a product type well aligned with the surrounding neighborhood fabric.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pflugerville
    County
    Travis
    State
    Texas
    Longitude
    -97.6223823
    Latitude
    30.4352674

    Nearby Similar for Sale

    • $2,500,000
      3,277 SF

      Pflugerville Restaurant - Turnkey Opportunity

      Thriving restaurant in Pflugerville, Texas with equipment and prime location.
      1005 Pecan St, Pflugerville, TX 78660
      View Details
    • $4,500,000
      2,481 SF

      20501 Farm to Market 685, Pflugerville, TX 78660

      5.03 acres with renovated office building and garage.
      20501 Pflugerville Tx 78660, Pflugerville, TX 78660
      View Details
    • $530,000
      1,552 SF

      Pflugerville Office Building Investment

      1,552 SF office building with high visibility.
      Pflugerville, TX 78660
      View Details
    • $2,299,000
      4,968 SF

      Pflugerville Commercial Property with Warehouses

      One-acre lot with three buildings, ideal for various commercial uses.
      4613 Priem LN, Pflugerville, TX 78660
      View Details
    • $365,000
      850 SF

      Finished Office Unit For Sale

      Ready-to-occupy office unit with four offices and reception area.
      1009 W Pecan St 103, Pflugerville, TX 78660
      View Details
    • $543,200
      1,552 SF

      Pflugerville Office Building with Units

      Office building in Pflugerville with high visibility and accessibility.
      1433 Grand Ave Pkwy, Pflugerville, TX
      View Details
    • $3,150,000
      12,000 SF

      Dessau Business Park Warehouse/Office

      Warehouse/office space available in Dessau Business Park.
      13400 Immanuel Rd, Pflugerville, TX 78660
      View Details
    • $1,999,990

      Pflugerville Land with Commercial Potential

      10.081 acre tract ideal for commercial ventures.
      21602 Martin LN, Pflugerville, TX 78660
      View Details
    • $1,749,000
      6,600 SF

      Pflugerville Flex Space with Yard

      6,600 SF flex space with fenced yard in Pflugerville.
      13621 Immanuel Rd, Pflugerville, TX
      View Details
    • $3,500,000

      Commercial Lot Near SH130 & 45

      5.05 acre commercial lot with development potential.
      19812 Panther DR, Pflugerville, TX 78660
      View Details
    • $527,500
      1,553 SF

      Pflugerville Office Building For Sale

      Commercial property suitable for professional, medical, or administrative use.
      821 Grand Ave Pkwy Bldg 2, Pflugerville, TX 78660
      View Details
    • $1,525,000
      4,250 SF

      Pflugerville Office Suites For Sale

      Office suites in Pflugerville with easy access to major highways.
      1009 W Pecan Street unit: 201, 203, 205, 207, 209, Pflugerville, TX 78660
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.53-acre development site in Pflugerville's rapidly growing city.
    Where is this commercial land located?
    The property is located at 603 S Railroad Ave Pflugerville, TX.
    What are key features of this property?
    This property features: 1.53‑acre development site in rapidly growing Pflugerville.; Zoned Retail District (RD) allowing for a range of potential uses.; Well‑suited for low‑density multifamily or townhome development.
    (512) 717-3073
    We can help!
    Listing Contact
    Sullivan Johnston
    Sullivan Johnston
    Real Estate License ID: TX 708030
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!