Technical
Financial
Distress signals
Property profile

2211 Lancaster Gate Cv Round Rock, TX 78664

OFF-MARKET
Land
Property ID
US82-2533036
3.97 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 3.97-acre residential land parcel in Round Rock, Texas (APN R056557), presents a remarkable development opportunity. Located at 2211 Lancaster Gate Cove, 78664, this shovel-ready site boasts a highly desirable location at the junction of I-35 and I-45, near Gattis School Road, offering unparalleled convenience and accessibility. The property is zoned SFR2, allowing for the creation of a 14-lot subdivision, with plans already approved by the City of Round Rock. All necessary surveys (tree, land, and soil) are complete and approved, and utilities are readily available at the road. The land is exceptionally flat and cleared, featuring mature live oak, red oak, and pecan trees. Spectrum has committed to providing services at no cost during development. This prime location places the property less than a mile from major retailers including HEB, Target, Sam's Club, Home Depot, Lowe's, numerous restaurants, and downtown Round Rock. While existing structures (a home, barns, and sheds) are present, the primary value lies in the land's development potential. The 4 acres can be divided into two parcels. The asking price is $1,150,000. Break ground immediately upon closing. This is a truly unique opportunity to capitalize on Round Rock's thriving real estate market.

Property profile

Verified
Property type Land
Lot 3.97 ac (172,933 SF)
UPID US82-2533036

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2211 Lancaster Gate Cv Round Rock, TX 78664
Round Rock metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2211 Lancaster Gate Cv?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
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