1702 Lone Oak Dr
About this property
An extraordinary, highly versatile live-work property in a prime location right off Highway 183 and Crystal Falls Parkway. Spanning three combined lots with mature oak trees and no HOA, this site offers endless potential for homeowners, business owners, and investors alike. The commercial lot features high-visibility frontage on Crystal Falls Parkway and includes a dedicated garage building equipped with 240V power and its own separate electric meter ready for commercial use or business operations. Commercial lot is zoned GC-3-C. Other 2 lots are residential. See Supplemental Docs for zoning info. The single-story main residence sits on two adjoining lots and showcases ceramic tile flooring throughout. The primary layout includes a welcoming living room with a fireplace, formal dining room, kitchen with included appliances, plus a spacious primary suite complete with its own private fireplace. Two additional bedrooms are split between the main home and the attached addition, bringing the residential count to three total bedrooms and a two-car garage. Connected by a interior entryway but also featuring a fully independent exterior entrance, the flexible attached apartment addition can easily be partitioned off for immediate rental income or multi-generational living. This expansive wing boasts a full bathroom/shower, a private bedroom, two dedicated home offices, and a massive game room housing an indoor non-functional hot tub ready for custom re-imagining. Meticulously maintained in original condition, the structures are in solid shape with no roof or foundation issues noted, alongside an AC system approximately five years old and 240V power at both the house and commercial garage. Combining high-exposure commercial potential, passive income streams, and residential space on a spacious tree-lined site, this property is a truly rare find with exceptional upside.
Property details
Location
About the Area
1702 Lone Oak Dr is located in Leander, Texas, in Williamson County. Williamson County is the northern anchor of the Austin metro, encompassing Round Rock, Georgetown, Cedar Park, and Leander, communities that have experienced some of the fastest residential growth in the nation over the past decade. The county's western edge retains significant ranch and acreage character as the Hill Country transitions to the urban core.
The San Gabriel River flows through Georgetown and the northern reaches of the county. The terrain transitions from the limestone hills of the western county to the Blackland Prairie in the east. Stillhouse Hollow Lake on the Lampasas River sits on the Williamson-Bell county boundary, offering recreation within easy reach of the northern suburbs.
Leander had an estimated population of 67,880 as of 2023. The 78641 zip code has a median household income of $131,421, a median home value of $453,100, and a median age of 36.7. The average household size is 2.89 people.
Major employers include Dell Technologies (headquartered in Round Rock), Amazon, healthcare systems, and a massive retail and service sector supporting one of Texas's most affluent suburban populations. Georgetown consistently ranks among the fastest-growing cities in America, and the county's western acreage properties attract buyers seeking rural character with urban access.
Demographic data sourced from the U.S. Census Bureau, American Community Survey 5-Year Estimates (2023).
Listing information © 2026 Unlock MLS (ACTRIS). All data provided AS IS. Information is deemed reliable but not guaranteed. Listing courtesy of Watters International Realty.