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Property profile & analytics
OFF-MARKET
Land

512 Sheppard St Round Rock, TX 78664

0.51 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.507-acre property in Round Rock, Texas, presents a unique investment opportunity. Located at 512 N Burnet St and 509 N Sheppard St, in Williamson County, zip code 78664, this land is zoned MU-2, allowing for versatile development options. Its strategic location offers easy access to Downtown Round Rock, making it ideal for a variety of uses, including office, multifamily, retail, or hospitality projects. The half-acre lot size is a rare find in this area, presenting a significant advantage for developers seeking a prime location for new construction. The asking price is $600,000. This property's flexible zoning and prime location make it an attractive investment for those seeking to capitalize on Round Rock's booming market, whether for buy-and-hold or development purposes. The property's proximity to Downtown Round Rock further enhances its appeal and potential for future growth and profitability. This is a rare opportunity to acquire a strategically located, versatile property in a thriving Texas market.

Property profile
Verified
Property type Land
Lot 0.51 ac (22,085 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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