242 Co Rd Georgetown, TX 78633
This exceptional 189.79-acre tract presents a compelling investment opportunity in rapidly growing Georgetown, Texas. Strategically located near major transportation arteries including SH 183, Highway 195, and Ronald Reagan Boulevard, this property offers unparalleled access to Austin's thriving tech scene, just 40 minutes from The Domain. Proximity to Liberty Hill and Georgetown (15 and 20 minutes respectively) adds to its appeal. The land is zoned E1 and boasts existing utilities including water, electricity, and internet access. Its location five minutes south of the proposed SH 138 extension, connecting SH 183 to IH 35, further enhances its long-term development prospects. The property's $43,500 per acre price point reflects its significant potential for future appreciation. A concept plan (for illustrative purposes only and not plat approved) is available for review. This is an ideal investment for developers seeking a substantial land holding in a high-growth area. The property includes APNs R613893, R009898, and R009899, and is served by Georgetown ISD. The asking price is $5,990,000. This is a rare opportunity to acquire a large parcel of land with significant upside potential in one of Texas's fastest-growing regions.
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Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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
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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.