Add Listing
    For Lease
    • 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

    3467 Gattis School Rd Round Rock, TX 78664

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

    5 Acres, PUD Zoning, Expansion Potential

    Lot size:
    219,107 SF

    Property Features for 3467 Gattis School Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    219,107 SF

    Spaces For Lease

    at 3467 Gattis School Rd, Round Rock, TX 78664 Contact us

    We can help!

    Listing Contact
    Lezlie Tram Le
    Lezlie Tram Le

    Listing Agency: LT Commercial Group Listing Agent: Lezlie Tram Le

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 5.03-acre commercial land parcel in Round Rock, Texas, presents a unique investment opportunity. Located at 3467 Gattis School Rd, the property is zoned PUD (Planned Unit Development), offering flexibility for a variety of commercial uses. The APN is R600623 and R600624, situated within Williamson County. This single-tenant site provides ample space for development, and importantly, includes the option to expand onto an adjacent 5.038-acre parcel featuring an existing warehouse (separate listing available). This adjacent property, known as 3 Westview, comprises two buildings on a 5.524-acre lot and is also available for lease. The strategic location in Round Rock, Texas, offers excellent access to major transportation routes and a thriving business community. The property's size and zoning make it ideal for a wide range of commercial ventures, from retail and office space to light industrial uses. This is a rare chance to acquire a substantial land holding with significant expansion potential in a prime Round Rock location. The zip code is 78664. The coordinates are 30.4950777 latitude and -97.6270792 longitude.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Johnson Custom Pools General Contractor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Round Rock
    County
    Williamson
    State
    Texas
    Longitude
    -97.6270792
    Latitude
    30.4950777

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      Old Town Square

      All-inclusive access to workspace, virtual office and meeting rooms in One Lincoln center
      1 Chisholm Trl Rd, Round Rock, TX 78681
      View Details
    • $1,700 /Mo

      Well-Kept Office with Kitchenette

      Office space featuring three offices, reception, and kitchenette.
      3000 Joe Dimaggio Blvd, Round Rock, TX 78665
      View Details
    • $950 /Mo

      Industrial Warehouse with Attached Office

      Spacious warehouse with office near IH35 in Round Rock.
      1502 Brandi Ln, Round Rock, TX 78681
      View Details
    • $1,150 /Mo

      Downtown Round Rock Creative Space

      640 sq ft upstairs unit in historic downtown Round Rock.
      302 W Main St, Round Rock, TX 78664
      View Details
    • $1,999 /Mo
      Pending

      Round Rock Office Condos For Lease

      Prime office condos in a highly visible Round Rock complex.
      1000 Gattis School Rd, Round Rock, TX 78664
      View Details
    • $2,000 /Mo

      Finished Office Unit For Rent

      Office unit with 4 offices, restroom, reception, and coffee area.
      1000 Gattis School Rd, Round Rock, TX 78664
      View Details
    • $2,866 /Mo

      Medical Office Space For Lease

      Second-generation medical office in prime Round Rock location.
      7700 Cat Hollow Dr, Round Rock, TX 78681
      View Details
    • $3,000 /Mo

      Modern Office Condo in Round Rock

      New office condo in high-growth area, ready for occupancy.
      2261 Gattis School Rd, Round Rock, TX 78664
      View Details
    • $5,500 /Mo

      Round Rock Office/Retail Space

      Historic property with high visibility and signage on Main Street.
      304 E Main St, Round Rock, TX 78664
      View Details
    • $22 SF/Yr
      818 SF

      Round Rock Office Space Available

      Office suite available for lease in Round Rock, TX.
      306 E Main St, Round Rock, TX 78664
      View Details
    • $3,000 /Mo

      Versatile Mixed-Use Commercial Space

      Downtown Round Rock property suitable for various business operations.
      409 E Austin Ave, Round Rock, TX 78664
      View Details
    • $2,495 /Mo

      Office/Retail Space For Rent

      Office and retail space available in high-traffic location.
      1305 S Mays St, Round Rock, TX 78664
      View Details

    FAQs

    What type of property is this?
    Land - 5 Acres, PUD Zoning, Expansion Potential
    Where is this land located?
    The property is located at 3467 Gattis School Rd Round Rock, TX.
    What are key features of this property?
    This property features: 5.03-acre commercial land parcel with expansion option onto adjacent 5.038-acre parcel including existing warehouse (separate listing).; Excellent demographics; affluent, growing population provides strong customer base.; High visibility location in Round Rock, TX with easy highway access.
    (512) 490-6666 Call to check price and availability
    Request Owner's contact information
    3467 Gattis School Rd Round Rock, TX 78664
    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.
    3467 Gattis School Rd
    Round Rock, TX 78664
    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
    3467 Gattis School Rd Round Rock, TX 78664
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Lezlie Tram Le
    Lezlie Tram Le
    Real Estate License ID: 650951
    (512) 490-6666 (512) 562-0903
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!