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Sanjit Tamhane

sanjit.tamhane@gmail.com +1(512) 599-7713

$2,200,000

Est. payment - /mo

5,429 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 5,429 sqft

Price per Sqft $405

Subdivision Scenic Brook Estates Sec 2 Re-

MLS Listing ID 3032178

Year Built 1999

Annual Tax Amount $33,906

Tax Year 2025

Lot Size 2.780 Acres

Acres 2.78

Property Sub-Type Office

Source actris

Property Description

Positioned on 2.78 acres with strong frontage along Highway 290, this investment property offers a compelling opportunity for both owner-users and investors seeking growth potential in the path of development between Austin and Dripping Springs. The site features a well-maintained 4,227 SF two-story office building comprised of 11 individual suites, complemented by a 1,152 SF garage structure that has been converted into 3 Office suites and 1 Garage spot for the owner, located at the rear of the property. Currently operating at approximately 70% occupancy, the asset provides immediate cash flow with additional upside through lease-up and future development. The property also benefits from supplementary income generated through an annual sign lease and ground lease. Located outside the city ETJ, the tract allows flexibility for expansion, with ample room to construct additional buildings to maximize returns in this high-demand corridor.

Location

State TX

County Travis

Interior

Heating Central, Propane, Propane Stove

Cooling Central Air, Electric

Flooring Carpet, Linoleum, Tile, Vinyl

Fireplace No

Exterior

Utilities Available Cable Available, Electricity Connected, High Speed Internet, Phone Available, Propane, Sewer Connected, Water Connected

View Hill Country

Total Parking Spaces 50

Private Pool No

Building

Story 2

Foundation Slab

Sewer Septic Tank

Water Well

Structure Type HardiPlank Type,Stone

New Construction No

Others

Special Listing Condition Standard

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Listed by Stanberry REALTORS

NEARBY SCHOOL & BUSINESS

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Sanjit Tamhane

+1(512) 599-7713

Agent | License ID: 0714674

Agent License ID: 0714674

10200 Highway 290 HWY W Austin, TX 78736

Sanjit Tamhane

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

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