— bed, — bath on 0.80 acres in Georgetown. Georgetown, TX 78628. $875,880.
About This Home
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.
The numbers behind this insight
- Offered at
- $875,880
- Listed
- June 19, 2025
- Property Type
- Commercial Sale
- Year Built
- 1950
- Lot Size
- 0.80 acres
Listing information last updated June 25, 2026.
Listed by Chris Oddo, Broker
MLS# 4106638 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Wood
- Heating
- Central
- Cooling
- Central Air
Exterior & Lot
- Frame
- Lot Size
- 0.80 Acres
- Asphalt
Financial
- Original List Price
- $875,880
Utilities
- Electricity Connected
- High Speed Internet
- Phone Connected
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 1601 Williams DR, whoever represented it.
- ActiveListed 2025Current price: $875,880Original list: $875,880MLS 4106638
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $875,880
- Original list
- $875,880
- Price movement
- No verified reduction
- Listed / DOM
- Jun 19, 2025 · 489 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $685,000
- Assessment Year
- 2025
- Parcel ID
- R-20-0497-0000-0019
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026+20.0% | — | $822,000 | $589,977 | $312,682 |
2025 | — | $685,000 | $589,977 | $95,023 |
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($175K)
Adjustable assumption - not a lending recommendation.
$875,880
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Keenan Market Position
A sourced read on Georgetown pricing, timing, and property scale. No automated valuation claim.
List price
$875,880
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
489 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 16, 2026.
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