
Rare stabilized NNN investment opportunity on Round Rock's premier commercial corridor, 1105 S. Mays Street, 5,025 SF, 4-suite multi-tenant commercial building on 0.53 acres, C-1 zoning, 100% occupied. Three of four tenants on NNN leases have taxes, insurance, and CAM passed through above the base year, minimizing landlord expense exposure. Gross income $9,584/month ($115,008 annually) from day one. Price: $1,725,000 ($343/SF) priced below corridor comparables and well below the Round Rock retail market average of $869/SF. 26 on-site surface parking spaces, 5.0 ratio. Flood Zone X OUT (1,636 ft to 100-yr flood plain, FEMA confirmed). Built 1997, brick veneer/frame, C-1 General Commercial zoning. Ideally positioned 0.75 miles north of Downtown Round Rock and approximately 1 mile from Dell Technologies World Headquarters and Switch Inc. hyperscale data center campus. Williamson County top-ranked growth county in Texas. 1-mile population projected +12.4% by 2030. 3-mile median household income $89,978. Excellent 1031 Exchange candidate stabilized NNN income, diversified tenant base, staggered lease expirations. Value-add opportunity: one MTM gross lease conversion to NNN term increases NOI with no capital investment. Tenant and suite details available upon execution of the confidentiality agreement. Showing by appointment only listing agent must be present. 24-hour advance notice required.
Property Type
Commercial Sale
Year Built
1997
Lot Size
0.53 acres
Garage
26 spaces
Listed by Central Metro Realty
Property Details
Flooring
Construction
Foundation
Parking
Verified property facts
1105 S Mays ST is listed at $1,725,000 with 0 bedrooms, 0.53-acre lot. This places it above the 78664 median of $442,445.
1105 S Mays ST is a Commercial Sale built in 1997 featuring 0 bedrooms, 0.53-acre lot.
1105 S Mays ST is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 1105 S Mays ST is $19,572. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
With 20% down ($345,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 1105 S Mays ST is around $10,582 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026-15.7% | — | $19,967 | — | — |
2025 | — | $23,696 | — | — |

20% ($345K)
$1,725,000
Luxury property intelligence
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List price
$1,725,000
Price per sqft
Not available
Vs. Southview Add median
Not available
Days on market
6 days
Original to current
No verified reduction
$1.7M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 11, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $1,725,000, 1105 S Mays ST is in the Southview Add market where there are currently 165 active listings in 78664. The Keenan Group has completed 4 transactions in 78664 as part of 1,000+ career sales totaling $1B+ across Austin.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
2 events on record
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026-15.7% | — | $19,967 | — | — |
2025 | — | $23,696 | — | — |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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