$544,900

Property Overview

This exceptional corner lot on Dawn Drive in Georgetown presents a rare hybrid opportunity for the right buyer willing to explore its full potential. The 1.4-acre property commands excellent visibility and accessibility, positioning it as an ideal candidate for a live-work arrangement, professional office use, or future development. The existing 1978-built residence offers 1,640 square feet across three bedrooms and two bathrooms, providing immediate occupancy while you contemplate the property's versatility. Georgetown's booming growth and proximity to the charming Historic Downtown Square make this Dawn Drive location increasingly valuable for those seeking mixed-use possibilities. The substantial lot size and corner positioning are genuine differentiators in today's market, offering flexibility that standard residential properties simply cannot match. Buyers should work with their agent to thoroughly verify zoning regulations, permitted uses, and any development restrictions before proceeding.

Vox Residential Insight

At 54 percent above the area's median price per square foot, this property's value derives from its land potential and strategic corner positioning rather than the residential structure itself. Vox Residential recognizes Georgetown's status as Texas's fastest-growing city, making properties with redevelopment or commercial conversion possibilities increasingly attractive to both owner-occupants and investors.

Agent Description

Owner/Agent. Rare opportunity to purchase a corner lot property with both residential use and potential office or commercial conversion. The location offers excellent visibility, accessibility, and close proximity to surrounding services and businesses, making it well suited for a live/work setup, general office use, or future redevelopment. The existing home offers approximately 1,640 square feet with 3 bedrooms and 2 bathrooms, providing flexibility as a primary residence, office space, or investment property. Refrigerator, washer and dryer do not convey. Buyer and buyer’s agent to verify zoning, permitted uses, restrictions, and development potential.

Neighborhood: Georgetown

This property is located in Georgetown, Austin, TX. The area is known for Historic Downtown Square, Sun City 55+, Blue Hole, Fastest-Growing City, Charming Character.

At $332/sqft, this listing is priced 58% above the Georgetown median of $210/sqft.

Property Details

Listing data last updated: May 19, 2026

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