$110,000

Property Overview

This two-bedroom, one-bath home on Circle Drive in Round Rock sits on a generous 8,886-square-foot lot in a neighborhood experiencing significant revitalization near Downtown Round Rock's dining, retail, and entertainment districts. Built in 1950, the 768-square-foot structure represents a redevelopment opportunity for builders, investors, or visionary homeowners seeking to create something entirely new in this increasingly desirable area. The property's substantial land size and central location provide flexibility for various development scenarios while maintaining proximity to top-rated Round Rock ISD schools, Dell's headquarters, and the Premium Outlets.

Priced at $143 per square foot—significantly below the area median of $200—this Circle Drive offering captures exceptional value in a neighborhood backed by strong economic anchors and family-friendly amenities. The property sits on public utilities and benefits from no HOA restrictions, offering developers full creative control. Round Rock's ongoing growth trajectory and Downtown's cultural expansion position this lot as an appealing canvas for investment or custom development.

Vox Real Estate Insight

The Vox Real Estate team recognizes this as a rare development canvas in Round Rock's premium central corridor, where land availability at this price point has become increasingly scarce as the community continues its upward trajectory. For experienced investors or builders familiar with renovation financing and adaptive reuse, the combination of oversized lot, walkable downtown proximity, and exceptional price positioning creates compelling economics that don't typically surface in this market segment.

Agent Description

Exceptional Redevelopment Opportunity in the Heart of Downtown Round Rock! Situated on a generous lot just minutes from vibrant Downtown Round Rock, this property offers outstanding potential for investors, builders, or anyone looking to create something special in a highly desirable location. The existing home is in severe disrepair and will require extensive renovation or is likely best suited for demolition and new construction. Enjoy the convenience of being within walking distance or a short drive to Downtown Round Rock's popular restaurants, coffee shops, boutiques, entertainment, and community events. Nearby parks, trails, and recreational amenities further enhance the appeal of this sought-after area. Whether you're planning a custom home, investment property, or redevelopment project, opportunities like this are becoming increasingly rare. Property is being sold AS IS. Buyer to verify zoning, development requirements, and all property information. Cash or renovation financing is recommended.

Neighborhood: Round Rock

This property is located in Round Rock, Austin, TX. The area is known for Dell HQ, Premium Outlets, Top Schools, Round Rock Express, Family-Friendly.

At $143/sqft, this listing is priced 30% below the Round Rock median of $203/sqft.

Property Details

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