— bed, — bath on 5.12 acres in Georgetown. Georgetown, TX 78628. $2,831,400.
About This Home
Commercial land opportunity offering a highly visible location suitable for a variety of commercial ventures. Development potential includes retail, medical, and professional office.
The property enjoys high visibility on one of the main corridors in Georgetown. The seller may consider subdividing the property into smaller lots. Contact the broker for details.
This 5.12-acre commercial property at 3400 Williams Drive in Georgetown represents a rare development canvas in one of Williamson County's fastest-growing corridors. The high-visibility location on a main commercial artery positions this Georgetown holding for retail, medical, or professional office deployment with minimal entitlement friction.
The scale and positioning matter here. Five acres provides genuine flexibility for single-tenant anchor development or multi-unit subdivision into smaller commercial pads. Georgetown's commercial zoning framework along this corridor has proven receptive to mixed-use projects, making the subdivision option particularly viable for buyers seeking to monetize through staged development or retail syndication. The seller's openness to lot division signals confidence in the underlying market demand and suggests the property has already been evaluated for its highest-and-best use across multiple scenarios.
Williams Drive functions as Georgetown's primary commercial thoroughfare, with consistent vehicle traffic from both daily commuters and regional shoppers. This visibility translates directly to tenant recruitment for medical practices, professional services, or neighborhood retail. The proximity to established Georgetown commercial nodes means utilities infrastructure is either in place or readily accessible, reducing pre-development costs compared to more peripheral sites.
Williamson County's demographic trajectory amplifies the opportunity. The county has consistently ranked among Texas's fastest-growing regions, with household formation continuing to fuel demand for professional services, healthcare delivery, and retail. Georgetown specifically has seen meaningful office and medical development over the past five years, and this corridor has absorbed that demand without saturation. The combination of established accessibility and remaining supply constraints creates a favorable development timeline.
For investors evaluating Georgetown commercial real estate, the distinction between raw land and strategically positioned acreage matters substantially. This property's location eliminates the land-assembly risk that often constrains smaller projects. A single buyer can control entitlements, phasing, and tenant strategy without negotiating multiple parcels or absentee owners. That control premium reflects in the development economics and exit optionality.
Whether positioned for immediate single-tenant placement or phased subdivision development, this Williams Drive holding offers Georgetown commercial buyers the rare combination of operational visibility, development flexibility, and market timing. The next phase of Georgetown's commercial expansion is already underway, and this property sits directly in its path.
The numbers behind this insight
- Offered at
- $2,831,400
- Listed
- April 24, 2026
Keenan Luxury Market Index: $2M-$3M single-family homes across the Austin area sold at a median $601 per sq ft over the trailing 12 months (383 sales), as of October 21, 2026.
- Property Type
- Commercial Sale
- Lot Size
- 5.12 acres
Listing information last updated April 24, 2026.
Listed by Turner Commercial Properties
MLS# 7597567 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Lot Size
- 5.12 Acres
Financial
- Original List Price
- $2,831,400
Utilities
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 3400 Williams Dr, whoever represented it.
- ActiveListed 2026Current price: $2,831,400Original list: $2,831,400MLS 7597567
- Listed · April 24, 2026$2,831,400
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
- $2,831,400
- Original list
- $2,831,400
- Price movement
- No verified reduction
- Listed / DOM
- Apr 24, 2026 · 180 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,393,863
- Assessment Year
- 2025
- Parcel ID
- R-20-9905-0000-0002
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026-34.5% | — | $913,137 | $913,137 | — |
2025 | — | $1,393,863 | $1,393,863 | — |
Virtual Tour

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($566K)
Adjustable assumption - not a lending recommendation.
$2,831,400
Luxury property intelligence
Keenan Market Position
A sourced read on Georgetown pricing, timing, and property scale. No automated valuation claim.
List price
$2,831,400
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
180 days
Original to current
No verified reduction
$2.8M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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