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    Office and Sales Counter Building Title is generated by Realmo AI

    404 Austin Street, Levelland, TX 79336

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    New
    For Sale
    $95,000

    COMMERCIAL - Levelland, TX

    Property size:
    625 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $152/SF
    Added:
    Jun 25, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 27 at 1:06 pm

    Property Features for 404 Austin Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Security features
    Security System
    Standard status
    Active
    APN
    4953
    Size
    625 SF
    Lot size
    0.16 Acres

    Taxes and HOA fees

    Tax Description
    Ot Levelland, Block 131, Lot 5
    Tax Annual Amount
    1092

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Floors in Building
    1
    Building materials
    Brick Veneer
    Roof type
    Metal

    We can help!

    Contact an agent
    Michael Stueart

    Listing agent Michael Stueart License #0729206

    Listing office Stueart Real Estate, LLC 2101 Tech Drive, TX

    Listing date Jun 25, 2026

    MLS# 202608735

    Copyright © 2026 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Brick veneer construction
    • Metal roof
    • Connected to public water and public sewer
    • Interior includes an office area, bathroom, and sales counter

    Overview

    This for-sale commercial property includes an office area, a bathroom, and a sales counter, creating a straightforward setup for customer-facing businesses. The building is offered in a compact footprint designed to support day-to-day operations without excess space.

    Located at 404 Austin Street in Levelland, Texas 79336 (Hockley County), the property sits on a 0.16-acre lot. The current offering reflects a small-scale commercial building at 625 square feet.

    This configuration works well for owner-operator or small team uses that need a dedicated office space alongside a counter for customer interactions. Businesses such as local service providers or retail-style operations can use the office area for work and administration, while the sales counter supports transactions in the same building. If you’re looking for a manageable commercial space to establish or expand your business, this property offers a practical, functional layout centered on office and customer service.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $12.8k $20.52
    − Vacancy −$731 −$1.17
    EGI $12.1k $19.35
    − OpEx −$3.6k −$5.81
    NOI $8.5k $13.55
    625 SF · lease $20.52/SF/yr · vacancy 5.70% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $120.9K
    $105.8K – $141.1K (±1% cap)
    NOI $8,466 @ 7.0% cap · market cap 8.91%
    Second Best
    Office B
    $116.9K
    $102.3K – $136.4K (±1% cap)
    NOI $8,186 @ 7.0% cap · market cap 8.62%
    Theoretical Best
    Multifamily LT 5
    $7.01M
    $6.13M – $8.18M (±1% cap)
    NOI $490,502 @ 7.0% cap · market cap 516.32%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sweet Habits Custom ... Bakery Lexi’s Bakery Bakery

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Levelland
    County
    Hockley
    State
    Texas
    Longitude
    -102.372047
    Latitude
    33.586095

    FAQs

    What type of property is this?
    Office units - Small building with an office area, bathroom, and sales counter, suited for service or retail operations.
    Where is this office units located?
    The property is located at 404 Austin Street Levelland, TX.
    What is the asking price?
    The asking price for this property is $95,000.
    What are key features of this property?
    This property features: Brick veneer construction; Metal roof; Connected to public water and public sewer
    More about this property
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