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Verified property facts
221 N Interstate 35 is listed at $999,000 with 0 bedrooms, 0.86-acre lot. This places it above the 78628 median of $660,000.
221 N Interstate 35 is a Commercial Sale built in 1970 featuring 0 bedrooms, 0.86-acre lot.
221 N Interstate 35 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 221 N Interstate 35 is $12,879. 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 ($199,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 221 N Interstate 35 is around $6,257 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.
Prime commercial opportunity on the northwest quadrant of I-35 and Williams Drive. This highly visible .85-acre site offers excellent exposure along the I-35 access road, with traffic counts of 92,028 VPD on I-35, 28,010 VPD at Williams Dr/Park Ln, and 10,410 VPD on the access road. Improvements include a 1,332 sq ft freestanding building, concrete drive and pad, pylon signage, and full utilities. The location is part of the City of Georgetown’s planned gateway corridor, surrounded by established businesses and steady consumer flow. Suitable for bank/financial, office, medical, professional services, auto sales, boutique retail, or restaurant concepts. (Note: deed restrictions prohibit convenience stores, liquor or food sales, and automotive repair.) Georgetown continues to be one of Texas’ strongest business climates, supported by a fast-growing population, high household incomes, excellent schools, and the presence of Southwestern University. A vibrant historic Square, expanding medical community, and the large Sun City 55+ development create consistent demand for service-based and community-oriented uses. Easy access to the Austin metro makes this a strategic location for businesses seeking visibility, growth potential, and long-term stability.
Property Type
Commercial Sale
Year Built
1970
Lot Size
0.86 acres
Garage
15 spaces
Listed by Wolf Real Estate
Property Details
Flooring
Construction
Foundation
Parking
20% ($200K)
$999,000
Luxury property intelligence
A sourced read on Gabriel Heights pricing, timing, and property scale. No automated valuation claim.
List price
$999,000
Price per sqft
Not available
Vs. Gabriel Heights median
Not available
Days on market
175 days
Original to current
$251K reduction
$1.3M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 7, 2026.
Request Private Market AnalysisAt $999,000, 221 N Interstate 35 is in the Gabriel Heights market where there are currently 550 active listings in 78628. The Keenan Group has completed 4 transactions in 78628 as part of 1,000+ career sales totaling $1B+ across Austin.
221 N Interstate 35 was built in 1970 (56 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.
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