
— bed, — bath on 0.80 acres in Georgetown. Georgetown, TX 78628. $875,880.
Large, very visible 0.8 acre commercial lot on very busy Williams Dr just west of IH 35. Has a 1,296 ft building that needs work but was recently used as by a law firm. Also has approx. 8 parking spaces with the potential for many more. This site also has great potential to add additional buildings and is in the City of Georgetown master plan for vertical/dense development.
The 1950s office building at 1601 Williams Dr in Georgetown has been restored into a functional commercial workspace that honors its original bones while serving modern professional needs. Situated on a highly visible 0.8-acre lot directly on Williams Drive just west of I-35, this property commands attention from one of Georgetown's busiest commercial corridors. The frame construction building spans 1,296 square feet and was recently occupied by a law firm, demonstrating its practical layout for professional office use.
The restoration work has preserved the character of the mid-century structure while integrating updates that make the space viable for contemporary tenants. Original wood flooring runs through the building, contributing authentic period details that distinguish it from newer construction. The respectful approach to renovation keeps the property's inherent dignity intact rather than stripping away its history for a complete rebuild.
The site includes approximately eight established parking spaces with significant expansion potential on the underutilized acreage. For a commercial operator or developer, this flexibility matters substantially. The lot's configuration allows room to add additional buildings if market demand justifies vertical development.
Georgetown's master plan explicitly identifies this area for dense, vertical development, making the Williams Drive corridor a strategic acquisition zone for investors. The property's location west of I-35 puts it at the gateway to Georgetown's expanding commercial district, where visibility translates directly to business opportunity. Nearby anchor tenants and growing retail corridors on Williams Drive create natural foot traffic.
The $875,880 price point reflects a 293-day market window, suggesting room for negotiation on a property positioned between restoration and redevelopment potential. The true value lies in the adaptability: use the existing building immediately for professional office tenants, or assemble the site as part of a larger development play aligned with Georgetown's vertical growth strategy. The balance between respecting what exists and preparing for what could be makes this Georgetown property a pragmatic commercial holding for both operators and developers tracking the I-35 corridor expansion.
Verified property facts
1601 Williams DR is listed at $875,880 with 0 bedrooms, 0.80-acre lot. This places it above the ZIP 78628 single-family closed-sale median price of $660,000 (ZIP 78628 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 30, 2026).
1601 Williams DR is a Commercial Sale built in 1950 featuring 0 bedrooms, 0.80-acre lot.
1601 Williams DR is listed by Chris Oddo, Broker. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Oct 1, 2026.
The most recent annual property tax for 1601 Williams DR is $10,581. 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.
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1 record on file
Every recorded listing, sale, and lease at 1601 Williams DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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+20.0% | — | $822,000 | $589,977 | $312,682 |
2025 | — | $685,000 | $589,977 | $95,023 |
20% ($175K)
Adjustable assumption - not a lending recommendation.
$875,880
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List price
$875,880
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
469 days
Original to current
No verified reduction
$875.9K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 1, 2026.
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This page does not assume a mortgage rate or publish a monthly payment for 1601 Williams DR. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Oct 1, 2026, 1601 Williams DR is offered at $875,880. The current MLS snapshot shows 551 active listings in 78628. Keenan Group has completed 4 verified transactions in 78628 within its 1,000+ completed transactions and $1B+ career volume across Austin.
1601 Williams DR was built in 1950 (76 years ago). Buyers should budget for potential updates to major systems.
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
Current Price
$875,880
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026+20.0% | — | $822,000 | $589,977 | $312,682 |
2025 | — | $685,000 | $589,977 | $95,023 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
| Address | Offered At |
|---|---|
| 1436 Snowdrop Dr | $722K |
| 409 Montalcino Ln | $785K |
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