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    3408 Hibbetts Rd Austin, TX 78725

    For Sale
    $1,200,000

    High-traffic location, 20,000 sq ft lot

    Property size:
    20,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 0.57-acre commercial lot, recently surveyed and boasting a prime Austin location at 3408 Hibbetts Rd, presents a unique investment opportunity. The property offers 20,000 square feet of buildable space, ideally situated with excellent access to the Ed Bluestein/Hwy 183 toll road, experiencing high daily traffic counts—TxDot estimates 27,000 vehicles daily northbound and 20,000 southbound. The City of Austin recently assigned the address and zoned the property as CS (Commercial Services), opening doors to a variety of commercial ventures. While tax records indicate 0.71 acres, a recent survey confirms the lot size as 0.57 acres, a detail included in the property documents. A portion of the property features a guardrail/retaining wall running parallel to the access road. All utilities are available through the City of Austin

    Property Features for 3408 Hibbetts Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    20,000 SF
    Lot Size
    24,829 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.66939
    Latitude
    30.26798

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, 20,000 sq ft lot
    Where is this commercial real estate located?
    The property is located at 3408 Hibbetts Rd Austin, TX.
    What is the asking price?
    The asking price for this property is $1,200,000.
    (512) 910-7962
    Request Owner's contact information
    3408 Hibbetts Rd Austin, TX 78725
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3408 Hibbetts Rd Austin, TX 78725
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