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Property profile & analytics
OFF-MARKET
Land

242 Co Rd Georgetown, TX 78633

189.79 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 189.79 ac (8,267,252 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
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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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