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Two-Story Flex Space Building

109 E 11TH St, Taylor, TX 76574

For Sale
$545,000

Improved two-story commercial property configured for office use, with additional uses subject to city approval.

Property Size3,176 SF
Days on Market47

Property Features for 109 E 11TH St

General Information

Standard status Active
Size 3,176 SF
Property subtype Commercial

Additional Details

Office Units 1

Building Details

Building Size 3,176 SF
Year Built 1970
Buildings 1
Stories 2
Listing Agency: eXp Realty, LLC
Listed By: David Randazzo
Source: Elliman
Added: Sep 22 Changed: Oct 31 Last Checked: Nov 6 at 8:44AM

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 eXp Realty, LLC

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Investment Insights

Based on property information with market context.

Located at 109 E 11th St in Taylor, this two-story, single-unit flex space property was built in 1970 and is configured for office-oriented use. The building has received reported improvements during 2023 and 2024, offering an updated base for an owner-occupant or investor evaluating the property.

The site is near Taylor’s historic downtown and provides access to the broader Austin area. Potential complementary storage or workspace uses remain subject to city approval, and buyers should independently verify building square footage, zoning, permitted uses, improvements, and other property details. Walk Score is 39, while Bike Score is 37, rated Somewhat Bikeable.

Key Highlights

  • Two‑story, single‑unit commercial building
  • Flex space configured for office use
  • Built in 1970

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,417
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$568,340 $568.3K
Cap Rate 7%
$405,957 $406.0K
Cap Rate 9%
$315,744 $315.7K
Market Conditions
NOI Build-Up for 3,176 SF
Gross rent
$47.3K $14.88/SF
− Vacancy
−$6.7K −$2.10/SF
EGI
$40.6K $12.78/SF
− OpEx
−$12.2K −$3.83/SF
NOI
$28.4K $8.95/SF
Area
Williamson County, TX
Vacancy
14.10%
Lease Rate
$14.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$568,340
Cap Rate 7%
$405,957
Cap Rate 9%
$315,744

Alternative Uses

Best Use
Office B
$1.08M
$946.7K – $1.26M (±1% cap)
NOI $75,733 @ 7.0% cap · market cap 13.90%
Second Best
Industrial
$406.0K
$355.2K – $473.6K (±1% cap)
NOI $28,417 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$1.33M
$1.16M – $1.55M (±1% cap)
NOI $92,935 @ 7.0% cap · market cap 17.05%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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

Current Use

Top Hat Chimney ... General Contractor Top Hat Chimney ... General Contractor

Suggested Use

Top Pick Dental Office Law Firm Parking Lot & Garage Electrical Service Daycare Center Big Box & Wholesale Store

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

1
Office units

Location Intelligence

Trade Area within ½ mile

563
Businesses Nearby
Under-served
Demand for This Use

Demographics for 76574, TX

19,366
Population
8,458
Households
2.3
Avg Household Size
40
Median Age
20%
College-Educated
86%
High-School Grad
149.0 sq mi
ZIP Area
130
Density / Sq Mi
$72,805
Median Household Income
$40,994
Median Earnings
$1,167
Median Rent
$252,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Flex space in Williamson County, TX

$438 Jul
$360 Aug
$370 Sep
$387 Oct

Properties on Market for Flex space in Williamson County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Improved two-story commercial property configured for office use, with additional uses subject to city approval.
Where is this flex space located?
The property is located at 109 E 11TH St Taylor, TX.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: Two‑story, single‑unit commercial building; Flex space configured for office use; Built in 1970
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