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Two-Building Office Property

1011 Meredith DR, Austin, TX 78748

For Sale
$2,700,000

The property combines owner-occupant space with suites leased to other tenants.

Property Size28,706 SF
Lot Size0.66 Acres
Price / SF$94.06
Days on Market50

Property Features for 1011 Meredith DR

General Information

Standard status Active
Size 28,706 SF
Net Rentable 4,328 SF
Lot size 0.66 Acres
Property subtype Commercial

Site & Location

Neighborhood Slaughter Creek

Additional Details

Gross Income $130,000

Building Details

Year Built 1985
Buildings 2
Tenancy Multi
Listing Agency: Compass Re Texas, LLC
Listed By: Longhorn Realty
Source: Longhornrealty
Added: Sep 24 Changed: Nov 10 Last Checked: Nov 12 at 7:45AM

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 Compass Re Texas, LLC

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Investment Insights

Based on property information with market context.

The office property consists of two buildings on a 0.659-acre site. A 4,328 RSF area is available for occupancy, while other tenant suites contribute to the existing multi-tenant configuration. Improvements completed over the past 24 months include a replacement roof, multiple new HVAC systems, and updates to nearly all suites. Covered parking options are also available.

The site is next to the FM 1826 and Manchaca intersection in Austin. Built in 1985, the property offers a combination of available office space and occupied suites.

Key Highlights

  • Two office buildings on 0.659 acres
  • 4,328 RSF available for occupancy
  • Roof and multiple HVAC systems updated within the past 24 months

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Therapeutic Bodywork of South ... Alternative Medicine Practice Done Right Foundation ... Construction Company Wilson Robert L ... Accounting Firm Analisa Reyes Counselor Reneé Counseling (Blue ... Corporate Office

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Auto Parts Store Building Supply Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

488
Businesses Nearby

Demographics for 78748, TX

55,226
Population
25,694
Households
2.1
Avg Household Size
35
Median Age
56%
College-Educated
95%
High-School Grad
14.1 sq mi
ZIP Area
3,917
Density / Sq Mi
$107,652
Median Household Income
$59,611
Median Earnings
$1,711
Median Rent
$434,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Office buildings in Austin

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Austin, TX

9.1% 2019
17.1% 2020
18.7% 2021
21.8% 2022
27.1% 2023
29.8% 2024
29% 2025

Frequently Asked Questions

What type of property is this?
Office building - The property combines owner-occupant space with suites leased to other tenants.
Where is this office building located?
The property is located at 1011 Meredith DR Austin, TX.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Two office buildings on 0.659 acres; 4,328 RSF available for occupancy; Roof and multiple HVAC systems updated within the past 24 months
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