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Property Description
Professional office condominium located just off the high-traffic Palm Valley corridor (50,000 vehicles per day), offering a strategic balance of accessibility and a quiet, professional setting. Situated within the established Palm Valley Professional & Medical complex, this corner suite benefits from abundant natural light and a functional layout designed for a variety of professional or medical uses. The suite features a combination of private offices, open workspace, and support areas, providing flexibility for owner-users or investors. Elevator access and ample surface parking ensure convenience for both clients and staff. A multi-tenant monument sign provides directory visibility along Palm Valley. Surrounding tenants include a mix of medical, dental, and financial services, including Edward Jones, creating a synergistic professional environment with consistent client traffic. The property is positioned within a strong trade area supported by approximately 35,000 households within a 3-mile radius and proximity to major regional employers such as Dell Technologies, Baylor Scott & White Medical Center - Round Rock, and Ascension Seton Williamson. Ideal for medical, wellness, financial, or general professional office use, this property offers an opportunity to own in one of Round Rock's most established and active commercial corridors.
Full Property Details
Full Property Details for 503 E Palm Valley Blvd #220
General
- Price: $631,700
- Taxes: (2025)
- Status: Active
- Type: Office
- Source: Austin_MLS
- MLS ID: 7097004
- Updated: Today (4/1/2026)
- Added to Site: Today
Rental Information
- Lease Info: Net
Interior
- Flooring: See Remarks
Additional Information
- Security/Safety: None
- Equipment: None
Parking
- Total Spaces: 6
- Parking Features: Concrete
Location
- Area: RRE
- County: Williamson
- Subdivision: 9960MR2PD-Palm Valley Professional & Medical Suite
- Driving Directions: From I35 head east of Palm Valley Way. Property is located between I 35 and Egger Ave on the south side of the road.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected, Water Available
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Masonry
- Stories/Levels: 2
- Square Feet: 16,082
- Sq. Ft. Source: Owner
- Current Bldg. Use: Office
- Year Built: 2024
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1417
- Lot Size (Sq. Ft.): 6,172.45
Green Features
- Energy Efficient: See Remarks
Financial Considerations
- Operating Expenses: $19,284
- Assessment Amount: $560,024
- Tax Year: 2025
- Terms: Cash, Conventional, SBA Type Loan
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: See Remarks
- Legal Description: C602 - PALM VALLEY PROFESSIONAL & MEDICAL SUITES CONDO, BUILDING B, UNIT 220, 8.53% COMMON AREA INTEREST
- Disclosures/Reports: Seller Disclosure
- Property ID: 503 E Palm Valley, Suite 220, Round Rock 78664
Listed by Compass RE Texas, LLC
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Schools
Schools serving 503 E Palm Valley Blvd #220
School District:Round Rock Independent School District
| Name | Grades | Distance |
|---|---|---|
Claude Berkman Elementary School 400 West Anderson Avenue, Round Rock, TX 78664 | PK-5 | 0.6 mi |
C D Fulkes Middle School 300 West Anderson Avenue, Round Rock, TX 78664 | 6-8 | 0.5 mi |
Cedar Ridge High School 2801 Gattis School Road, Round Rock, TX 78664 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 503 E Palm Valley Blvd #220
Date
Details
Price
Change
Source
4/01/2026
Listed
$631,700
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 503 E Palm Valley Blvd #220
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,198
2%
$560,024
-3%
2023
$10,013
—
$575,698
1%
2023
$10,013
-4%
$570,831
25%
2022
$10,414
9%
$455,259
—
2021
$9,532
-1%
$455,259
6%
2020
$9,643
-1%
$429,583
2%
2020
$9,697
-1%
$419,716
-2%
2018
$9,843
-1%
$426,371
—
2017
$9,912
12%
$426,861
13%
2015
$8,853
—
$376,836
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 503 E Palm Valley Blvd #220
503 E Palm Valley Boulevard #220, Round Rock, TX 78664 (MLS# 7097004) is a Office property. 503 E Palm Valley Boulevard #220 is currently listed for $631,700 and was received on April 01, 2026. Want to learn more about 503 E Palm Valley Boulevard #220? Do you have questions about finding other Office real estate for sale in Round Rock? You can browse all Round Rock real estate or contact a Coldwell Banker agent to request more information.

