#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024604 E University Ave
Georgetown, TX, 78626
Georgetown Infill Assemblage with E University Frontage and Interim Income
604 E University Ave and 1211 College St present a rare Georgetown infill assemblage opportunity with E University Ave frontage, rear College St access, and interim income from an existing barbershop tenant. Located near Historic Georgetown Square, Southwestern University, established neighborhoods, and the broader SH 29 growth corridor, the property offers a compelling covered land play for buyers seeking near-term cash flow with long-term redevelopment optionality.
The offering combines a visible retail storefront parcel with an adjacent/rear parcel, creating a broader site profile than a typical small standalone building. Buyers may evaluate the property for continued retail income, adaptive reuse, expanded service-retail occupancy, parking-supported redevelopment, boutique office/retail, mixed-use concepts, or long-term land banking, subject to survey, zoning, utilities, parking, and City of Georgetown approvals.
For investors and developers looking for manageable Georgetown infill, this site offers the hard-to-find combination of frontage, income, central location, and future control.
Property Type
Commercial Sale
Year Built
1952
Lot Size
0.06 acres
Listed by Don Quick & Associates, Inc.
Property Details
Flooring
Construction
Parking
Verified property facts
604 E University Ave is listed at $2,300,000 with 0 bedrooms, 0.06-acre lot. This places it above the 78626 median of $662,500.
604 E University Ave is a Commercial Sale built in 1952 featuring 0 bedrooms, 0.06-acre lot.
604 E University Ave 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 604 E University Ave is $8,960. 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 ($460,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 604 E University Ave is around $12,681 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+2.4% | — | $493,017 | $105,851 | $387,166 |
2025 | — | $481,671 | $105,851 | $375,820 |
20% ($460K)
$2,300,000
Luxury property intelligence
A sourced read on Dimmit Add pricing, timing, and property scale. No automated valuation claim.
List price
$2,300,000
Price per sqft
Not available
Vs. Dimmit Add median
Not available
Days on market
9 days
Original to current
No verified reduction
$2.3M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Aug 2, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $2,300,000, 604 E University Ave is in the Dimmit Add market where there are currently 259 active listings in 78626. The Keenan Group has completed 3 transactions in 78626 as part of 1,000+ career sales totaling $1B+ across Austin.
604 E University Ave was built in 1952 (74 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
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026+2.4% | — | $493,017 | $105,851 | $387,166 |
2025 | — | $481,671 | $105,851 | $375,820 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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