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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.

Contact Agent

Col Realty

(512) 699-3810

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Property Details

Status	Active
MLS #	ACT222296955
Taxes	$33,906 (2025) / year
Type	Commercial Sale
Year Built	1999
Stories	2
Living Area	5,429 Sq. Ft.
Lot Size	2.78 AC / 121,096 SF
County	Travis
Subdivision	Scenic Brook Estates Sec 2 Re-

Property Information

Parking

CommonConcreteGarageGarage Door OpenerGarage Faces FrontGravelParking LotShared Driveway

Utilities & Construction

Heat: Central, Propane, Propane StoveAC: Central Air, ElectricCarpet, Linoleum, Tile, VinylFoundation: Slab

Directions: From Austin Take Hwy 290 west of Oak Hill, Building is on the right just past Oliver Loving Tr. From Dripping Springs take Hwy 290 east, the Building is on the left just pass Circle Dr.