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10200 Highway 290 Hwy W

austin, TX 78736

$2,200,000

    Interested? Let's Connect

    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.

    Details

    5,429 Sq Ft

    2.78 Private Acres Lot Size

    commercial

    $33,906 Annual Tax

    Built in 1999

    MLS/Listing ID 3032178

    Amenities & Features

    Parking - Garage Faces Front

    Parking - Gravel

    Parking - Parking Lot

    Parking - Shared Driveway

    Dryer Hookup

    Washer Hookup

    Construction

    Insulation

    Water Heater

    Heating - Propane

    Construction - Hardi Plank Type

    Cooling - Electric

    Cooling - Central Air

    Vinyl

    Parking - Garage Door Opener

    Parking - Garage

    Parking - Concrete

    Parking - Common

    Tile

    Linoleum

    Slab

    Carpet

    Hills View

    Common Area

    Accessible Stairway

    Accessible Kitchen

    Accessible Full Bath

    Construction - Stone

    Estimate my mortgage

    TOTAL MONTHLY COST

    $0

    • PRINCIPAL & INTEREST

      $0

    • PROPERTY TAXES

      $0

    • Common Charges

      $0

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