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As Austin’s population continues to climb, you can find prime spots for commercial real estate just a short drive away. Liberty Hill, Georgetown, and Round Rock offer steady gains in population, stronger household incomes, and easy highway access to the city.
Local policies in these suburbs lean in favor of new retail and office projects, which means that you can move quickly on promising deals. Get a clear look at market conditions and growth outlook in each town so that you can zero in on the best opportunity for your next investment.
Liberty Hill
Since 2020, Liberty Hill’s population has jumped an astonishing 186%. That boom has driven demand for shops, offices, and restaurants to serve all those new neighbors.
And with the median household pulling in about $111,000 a year, residents have plenty of spending power. That mix of rapid growth and strong income makes Liberty Hill a standout choice for your next commercial real estate investment.
The town has also started to take shape as a true commercial hub. A 148,000‑square‑foot Target is slated to break ground soon along US-183 — solid proof that major retailers are betting on this market.
You’ll also find growing industrial parks and logistics centers aimed at meeting warehousing and tech needs, alongside new retail and mixed‑use developments designed to keep pace with the area’s expanding population.
The city also benefits from a strategic location at the junction of US-183 and State Highway 29. This means you can stay close enough to tap into Austin’s market but avoid its steep prices.
Also note that the town is widening roads and upgrading water, sewer, and power lines to keep pace with this growth. Those infrastructure boosts mean your projects can get the traffic capacity and utility support they need.
Georgetown
Georgetown is a sizeable suburb located about 30 minutes north of Austin. Since 2020, its population has increased roughly 66%, pushing the number of residents past 110,000.
Median household income sits at nearly $118,923, and the poverty rate is just 7.5%. That economic stability creates a dependable base for commercial real estate, especially if you’re targeting retail or service tenants who cater to well-off residents.
Several major projects are in the pipeline for Georgetown. A $1.5 million Food|Box convenience store is slated to rise along Old Highway 29, with construction expected from November through early December 2026. Hanwha, the South Korean conglomerate, has committed $100 million to a venture with Tesla — an indicator of growing international interest.
Another thing to note is that the city approved a $879 million budget for FY 2025, trimming the property tax rate to just 36.47 cents per $100 of valuation, with the savings offset by rising property values. The city plans to funnel funds into roads, water lines, and other public works, all boosters for commercial real estate investors.
Add in easy access to I‑35 and a growing tech and manufacturing workforce, and you can take advantage of the city’s support for both commercial and industrial ventures without overpaying for infrastructure.
Round Rock
You’ll find Round Rock’s retail market serving businesses of every scale. Spaces start as small as 2,000 square feet and stretch beyond 100,000 square feet. That range means that you can zero in on a single segment or plan a mixed‑use project that makes the most of the city’s established commercial core.
Round Rock lies just north of Austin, giving wide access to residents metro-wide but offering more affordable real estate opportunities than central Austin locations. Retail spaces line I‑35, where strong visibility and easy access help drive traffic.
For businesses looking to grow without stretching their budget, Round Rock offers a practical mix of reach and affordability.
Start Your Search With an Area Expert
Are you planning to add commercial real estate to your portfolio? It’s a big move, so you need to partner with a real estate agent who knows Austin’s outskirts inside out. You can tap into clear market insights, steer clear of surprises, and zero in on properties that match your goals.
From Liberty Hill’s rapid growth and Georgetown’s established corridors to Round Rock’s high‑traffic retail strips, Andrea Curry, Realtor, is your guide. Contact us today to get your search started.
