




$500,000
710 E Austin Ave, Round Rock, TX, 78664
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About this property
Come check out this prime downtown Round Rock redevelopment opportunity with an oversized .29-acre lot, and approximately 12,634 square feet! The existing 2-bedroom, 1-bath residence requires substantial renovation, and the property is being marketed primarily for its land, location, and future potential. Zoned MU-L, Mixed-Use Limited, which may support downtown residential, clustered housing, a townhome-style concept, or other permitted mixed-use development, subject to City review and approval. Current MU-L standards may allow up to three principal buildings and up to 60% building coverage, subject to site-specific requirements. Located approximately one-half mile from the heart of Downtown Round Rock, including Main Street, Prete Plaza, the Round Rock Public Library, restaurants, shopping, and community events, roughly a 3-minute drive or 10-to-12-minute walk. Convenient access to IH-35 and US-79. Buyer to independently verify zoning, permitted uses, density, setbacks, utilities, easements, and all development requirements with the City of Round Rock. This is where location, lot size, and zoning come together to create a rare downtown investment opportunity. Don't miss this opportunity!
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Round Rock
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