1221-1225 Austin Ave Georgetown, TX 78626
This exceptional investment opportunity encompasses a 0.47-acre lot at 1221-1225 S Austin Ave in Georgetown, Texas, just five blocks from the historic downtown square. The property boasts a total of 3,116 square feet of space distributed across four residential structures, offering significant potential for redevelopment or repurposing. The high-traffic location and high visibility ensure excellent exposure for any future business venture. The property features two curb cuts, providing convenient access. All structures on the property have undergone extensive renovations. Currently zoned residential, this versatile property presents a unique chance to capitalize on Georgetown's thriving growth. The strategic location near the vibrant downtown square offers unparalleled access to local amenities and a strong community presence. This is an ideal investment for those seeking a high-return opportunity in a prime location. The existing structures provide a solid foundation for a variety of commercial uses, subject to necessary zoning approvals. The substantial lot size allows for ample expansion or redevelopment possibilities. This property offers a rare blend of location, size, and potential, making it an exceptional investment opportunity in the heart of Georgetown. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.