$130,000

Property Overview

This 1408 Circle Drive property in Round Rock presents a rare redevelopment opportunity in one of Central Texas's most dynamic neighborhoods. Sitting on a spacious 8,886-square-foot lot mere minutes from the energy of Downtown Round Rock, this 1950-built home is positioned for investors and builders seeking land value in a prime location. At $169 per square foot—22% below the area median—the price reflects the property's condition and its true appeal as a blank canvas rather than a move-in property.

The lot's generous size and downtown proximity create compelling possibilities for custom home construction or mixed-use redevelopment in an area witnessing steady growth and community investment. Buyers will appreciate immediate access to Round Rock's premium dining, shopping at the outlets, and thriving entertainment district, all while maintaining proximity to highly-rated schools and the acclaimed Round Rock Express stadium. The property's location near major employers like Dell headquarters adds solid demand fundamentals to any future development plan.

This AS-IS sale requires cash or renovation financing and thorough due diligence on zoning and development parameters, but the convergence of location, lot size, and pricing creates the foundation for a meaningful investment in a neighborhood that continues to attract families and businesses throughout Austin's northern corridor.

Vox Real Estate Insight

The Vox Residential team sees this Circle Drive property as strategically positioned for savvy investors timing the market in Round Rock's core—the substantial lot and downtown adjacency matter far more than the existing structure in a neighborhood where land appreciation is outpacing traditional home values. Properties of this caliber with development potential at this price point rarely linger in this market, making early evaluation critical for serious redevelopment-focused buyers.

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 $169/sqft, this listing is priced 20% below the Round Rock median of $212/sqft.

Property Details

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