Office Building with Full
For Sale
$520,000
1024 S Guadalupe ST, Lockhart, TX 78644
Three-room commercial building with restrooms, on-site parking, and access to FM 20 and Highway 183.
Property Size1,524 SF
Lot Size0.23 Acres
Price / SF$341.21
Days on Market183
Property Features for 1024 S Guadalupe ST
General Information
Standard status
Active
Size
1,524 SF
Total Parking Spaces
9
Lot size
0.23 Acres
Property subtype
Mixed Use
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$6,756
Amenities
full kitchen area
Building Details
Building Size
1,524 SF
Year Built
2006
Buildings
1
Listing Agency:
Link Realty, LLC
Listed By:
Anna Lowe · License #0720156
(512) 995-0892
Source:
Teamwestre
Added: Apr 8
Changed: Oct 2
Last Checked: Oct 5 at 11:08PM
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 Link Realty, LLC
Investment Insights
Based on property information with market context.
Located at 1024 S Guadalupe St in Lockhart, this 1,524-square-foot office building provides three separate rooms, two restrooms, and a full kitchen area. The 2006 construction sits on a 0.23-acre parcel and includes nine dedicated parking spaces, giving the property a practical setup for office or service-oriented occupancy.
The building is situated within a walkable residential area near quick-service restaurants and local schools. Access to FM 20 and Highway 183 connects the site with surrounding markets. Its prior daycare operation and existing configuration support consideration for professional services, childcare, medical use, or a boutique office concept, subject to applicable requirements.
The building is situated within a walkable residential area near quick-service restaurants and local schools. Access to FM 20 and Highway 183 connects the site with surrounding markets. Its prior daycare operation and existing configuration support consideration for professional services, childcare, medical use, or a boutique office concept, subject to applicable requirements.
Key Highlights
- 1,524 SF office building constructed in 2006
- Three rooms, two restrooms, and a full kitchen area
- 0.23‑acre lot with nine dedicated on‑site parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,341
Cap Rate
6.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$726,820
$726.8K
Cap Rate 7%
$519,157
$519.2K
Cap Rate 9%
$403,789
$403.8K
Market Conditions
NOI Build-Up for 1,524 SF
Gross rent
$64.0K $42.00/SF
− Vacancy
−$15.6K −$10.21/SF
EGI
$48.5K $31.79/SF
− OpEx
−$12.1K −$7.95/SF
NOI
$36.3K $23.85/SF
Area
Caldwell 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%
$726,820
Cap Rate 7%
$519,157
Cap Rate 9%
$403,789
Alternative Uses
Best Use
Office B
$519.2K
$454.3K – $605.7K
NOI $36,341 @ 7.0% cap · market cap 6.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$637.1K
$557.4K – $743.3K
NOI $44,595 @ 7.0% cap · market cap 8.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
354
Businesses Nearby
Explore this area
Business Placement
Demographics for 78644, TX
20,813
Population
7,660
Households
2.7
Avg Household Size
38
Median Age
19%
College-Educated
87%
High-School Grad
179.9 sq mi
ZIP Area
116
Density / Sq Mi
$72,155
Median Household Income
$40,085
Median Earnings
$1,162
Median Rent
$242,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Three-room commercial building with restrooms, on-site parking, and access to FM 20 and Highway 183.
Where is this office building located?
The property is located at 1024 S Guadalupe ST Lockhart, TX.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: 1,524 SF office building constructed in 2006; Three rooms, two restrooms, and a full kitchen area; 0.23‑acre lot with nine dedicated on‑site parking spaces
