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    Lakeway Office Building For Sale Title is generated by Realmo AI

    2802-2806 Flintrock Trce, Lakeway, TX

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    Second-floor office space in Lakeway near retail and medical.

    Type:OFFICE
    Property size:
    698 SF
    Lot size:
    3.27 Acres
    Price / SF:
    $428/SF
    Added:
    Jul 18, 2024
    Days on Market:
    691
    Last Refresh:
    May 20 at 9:35 pm

    Property Features for 2802-2806 Flintrock Trce

    General Information

    Standard status
    Active
    Size
    698 SF
    Lot size
    3.27 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Chris Matlock
    Chris Matlock

    Listing agent Chris Matlock License #574702

    Listing office Trek Investment Group

    Listing date Jul 18, 2024

    Source Moodyscre

    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 Trek Investment Group

    HighLights

    • Prime location in the affluent Lakeway suburb of Austin, Texas.
    • High average household income ($218,234 within a 1‑mile radius).
    • Spacious corner office suite with ample windows.
    • Ideal for owner/user with 698 square feet of leasable area.
    • Private break room with sink and storage.
    • Close proximity to Baylor Scott and White Medical Center and national retailers (H‑E‑B, Starbucks, Walgreens, etc.).

    Overview

    The Flintrock Trace Office Building offers a second-floor professional office space for sale in Lakeway, Texas. Constructed in 2005, the space provides 698 square feet of leasable area, suitable for owner-user purposes. The property features a corner office suite surrounded by windows, a private break room with a sink and storage, and an open-concept reception area. Located near the intersection of RM 620 and Flint Rock Road, the office space is centrally positioned in Lakeway. The surrounding area includes national retailers such as H-E-B, Starbucks, Walgreens, Bank of America, and Randalls. The property is also in close proximity to the Baylor Scott and White Medical Center.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $29.3k $42.00
    − Vacancy −$7.1k −$10.21
    EGI $22.2k $31.79
    − OpEx −$5.5k −$7.95
    NOI $16.6k $23.85
    698 SF · lease $42.00/SF/yr · vacancy 24.30% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $237.8K
    $208.1K – $277.4K (±1% cap)
    NOI $16,644 @ 7.0% cap · market cap 5.57%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $291.8K
    $255.3K – $340.4K (±1% cap)
    NOI $20,425 @ 7.0% cap · market cap 6.83%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Map

    City
    Lakeway
    County
    Travis
    State
    Texas
    Longitude
    -97.9917
    Latitude
    30.368

    FAQs

    What type of property is this?
    Office units - Second-floor office space in Lakeway near retail and medical.
    Where is this office units located?
    The property is located at 2802-2806 Flintrock Trce Lakeway, TX.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: Prime location in the affluent Lakeway suburb of Austin, Texas.; High average household income ($218,234 within a 1‑mile radius).; Spacious corner office suite with ample windows.
    (512) 433-6999 Call to check price and availability
    More about this property
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