Second-Floor Office
For Sale
Contact for pricing
1002 Chestnut Street #E, Bastrop, TX 78602
Upstairs occupants share a remodeled full bathroom and a coffee station.
Property Size2,645 SF
Price / SF$0.19
Days on Market31
Property Features for 1002 Chestnut Street #E
General Information
Standard status
Active
Size
2,645 SF
Property subtype
MixedUse
Additional Details
Floor
Second Floor
Highway Access
Yes
Office Units
1
Property Use
Office
Amenities
shared full bathroom with clawfoot tub
coffee station
central air conditioning
Building Details
Year Built
1905
Buildings
1
Tenancy
Multi
Listing Agency:
The Agency Austin, LLC
(512) 607-5113
Listed By:
Maelia Davis · License #0645271
(310) 977-7269
Source:
Hoydenhomes
Added: Sep 30
Changed: Oct 28
Last Checked: Oct 28 at 9:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Agency Austin, LLC
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Investment Insights
Based on property information with market context.
Unit E is an office suite on the second floor of the Dawson House, a Victorian residence built circa 1905 and listed on the National Register. The upstairs level contains three mixed-use office spaces. Unit E has recently installed wood-look flooring and a new central air system. The upstairs tenants share a remodeled full bathroom with a clawfoot tub, as well as a coffee station.
At 1002 Chestnut Street in downtown Bastrop, the property is within walking distance of shops and restaurants, with Main Street nearby and freeway access available. On-site parking serves tenants and visitors. Other building features include a restored front porch and hardwood floors in the ground-floor commercial spaces.
At 1002 Chestnut Street in downtown Bastrop, the property is within walking distance of shops and restaurants, with Main Street nearby and freeway access available. On-site parking serves tenants and visitors. Other building features include a restored front porch and hardwood floors in the ground-floor commercial spaces.
Key Highlights
- Unit E occupies the second floor of the National Register‑listed Dawson House, built circa 1905
- One of three mixed‑use office spaces on the upstairs level
- New wood‑look flooring and a newly installed central air system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,071
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,261,420
$1.3M
Cap Rate 7%
$901,014
$901.0K
Cap Rate 9%
$700,789
$700.8K
Market Conditions
NOI Build-Up for 2,645 SF
Gross rent
$111.1K $42.00/SF
− Vacancy
−$27.0K −$10.21/SF
EGI
$84.1K $31.79/SF
− OpEx
−$21.0K −$7.95/SF
NOI
$63.1K $23.85/SF
Area
Bastrop County, TX
Vacancy
24.30%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,261,420
Cap Rate 7%
$901,014
Cap Rate 9%
$700,789
Alternative Uses
Best Use
Office B
$901.0K
$788.4K – $1.05M
NOI $63,071 @ 7.0% cap · market cap 12,614.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.04M
$906.9K – $1.21M
NOI $72,554 @ 7.0% cap · market cap 14,510.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
1
Office units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
894
Businesses Nearby
Explore this area
Business Placement
Demographics for 78602, TX
33,759
Population
13,485
Households
2.5
Avg Household Size
40
Median Age
27%
College-Educated
87%
High-School Grad
195.3 sq mi
ZIP Area
173
Density / Sq Mi
$86,976
Median Household Income
$41,644
Median Earnings
$1,331
Median Rent
$310,300
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Upstairs occupants share a remodeled full bathroom and a coffee station.
Where is this office unit located?
The property is located at 1002 Chestnut Street #E Bastrop, TX.
What are key features of this property?
This property features: Unit E occupies the second floor of the National Register‑listed Dawson House, built circa 1905; One of three mixed‑use office spaces on the upstairs level; New wood‑look flooring and a newly installed central air system
