— bed, — bath on 15.00 acres in Georgetown. Georgetown, TX 78628. $2,946,441.
About This Home
Great Development land. Opportunities abound. Can be combined with adjacent properties that are on the market to make a larger tract.
At 650 Shell Stone Trail in Georgetown, Georgetown, you're looking at 14.998 acres of developable land with the kind of positioning that changes once every few years in this market. The property sits in an area where residential expansion and commercial opportunity are moving in tandem, but the real advantage here is what hasn't happened yet - the chance to shape what comes next on a substantial tract.
The land itself carries solid bones. Masonry construction on the existing structures provides a foundation that development teams appreciate, and the acreage gives you flexibility that smaller parcels simply cannot match. At $2.95 million, this represents a rare moment when a significant holding comes available in a county experiencing consistent growth pressure from Austin's northward expansion.
What makes this particular opportunity distinct is the adjacency factor. Multiple parcels in the area are currently on the market, which means a buyer with vision and capital can assemble a meaningfully larger development platform. That's not hyperbole - it's math. Ten acres is one conversation with a developer. Twenty-five acres or more is an entirely different proposal in terms of what's financially viable and architecturally possible. Shell Stone Trail itself provides reliable access, and the Georgetown location keeps you in a jurisdiction known for reasonable development timelines and cooperative planning processes.
Georgetown's market dynamics have shifted significantly. The city is no longer sleeping. Highway 29 corridor activity has created genuine commercial demand, while residential builders have been scaling their Georgetown operations for three consecutive years. Schools like Liberty Hill High School in the broader district serve as anchors for family-oriented development, and the proximity to corporate parks and emerging retail corridors makes this location compelling for mixed-use or residential development teams.
The 1994 construction date on existing improvements is relevant primarily as a baseline for whatever vision you're considering. This is raw potential disguised as current-use property. For serious developers or investors with a 24-36 month hold horizon, the calculus works: land in Georgetown with assembly potential, clear title, and zero days on market suggests scarcity in the pipeline.
The numbers behind this insight
- Offered at
- $2,946,441
- Listed
- June 12, 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
- Year Built
- 1994
- Lot Size
- 15.00 acres
Listing information last updated June 12, 2026.
Listed by Troy Hellmann, Broker
MLS# 6792533 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Masonry – All Sides
- Slab
- Lot Size
- 15.00 Acres
Financial
- Original List Price
- $2,946,441
Utilities
- Cable Available
- Electricity Connected
- Phone Available
- Propane
Transaction History
2 records on file
Every recorded listing, sale, and lease at 650 Shell Stone TRL, whoever represented it.
- ActiveListed 2026Current price: $2,946,441Original list: $2,946,441MLS 6792533
- Listed · June 12, 2026$2,946,441
- ExpiredListed date not recordedCurrent price: $349,000Original list: $349,000MLS 553787
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
- $2,946,441
- Original list
- $2,946,441
- Price movement
- No verified reduction
- Listed / DOM
- Jun 12, 2026 · 131 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $602,076
- Assessment Year
- 2025
- Year Built
- 1995
- Parcel ID
- R-11-0524-0000-0003LA
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026+7.0% | — | $644,351 | $668,282 | $554,247 |
2025 | — | $602,076 | $852,173 | $544,347 |
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($589K)
Adjustable assumption - not a lending recommendation.
$2,946,441
Luxury property intelligence
Keenan Market Position
A sourced read on Georgetown pricing, timing, and property scale. No automated valuation claim.
List price
$2,946,441
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
131 days
Original to current
No verified reduction
$2.9M 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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