Office Condo Near the
For Sale
$693,000
Pending
9501-B N Capital of Texas Hwy Hwy 201 and 202, Austin, TX 78759
Office condo building near Hwy 360, great location.
Property Size2,100 SF
Lot Size0.25 Acres
Days on Market314
Property Features for 9501-B N Capital of Texas Hwy Hwy 201 and 202
General Information
Standard status
Pending
Size
2,100 SF
Lot size
0.25 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$11,205
Building Details
Building Size
2,100 SF
Year Built
1982
Listing Agency:
Chris Oddo, Broker
Listed By:
Chris Oddo · License #400461
(512) 736-5933
Source:
Elliman
Added: Nov 27, 2025
Changed: Oct 1
Last Checked: Oct 5 at 5:06PM
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 Chris Oddo, Broker
Investment Insights
Based on property information with market context.
This property offers a rare opportunity to own an office condo building located on Hwy 360 near the Arboretum. The building contains two suites, each measuring 1,050 square feet. The suites are situated on two floors and are separated by stairs, allowing for occupancy by a single business or two separate businesses. Currently, the property is leased to a therapist group. The location and tranquil setting make it suitable for any professional organization seeking office space.
Key Highlights
- Prime location near Hwy 360 and the Arboretum.
- Two‑story office condo building.
- Two separate suites, each 1,050 sq. ft.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,779
Cap Rate
6.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$855,580
$855.6K
Cap Rate 7%
$611,129
$611.1K
Cap Rate 9%
$475,322
$475.3K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$75.3K $35.88/SF
− Vacancy
−$18.3K −$8.72/SF
EGI
$57.0K $27.16/SF
− OpEx
−$14.3K −$6.79/SF
NOI
$42.8K $20.37/SF
Area
Austin, TX
Vacancy
24.30%
Lease Rate
$35.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$855,580
Cap Rate 7%
$611,129
Cap Rate 9%
$475,322
Alternative Uses
Best Use
Office B
$611.1K
$534.7K – $713.0K
NOI $42,779 @ 7.0% cap · market cap 6.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$822.9K
$720.1K – $960.1K
NOI $57,604 @ 7.0% cap · market cap 8.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
187
Businesses Nearby
Explore this area
Business Placement
Demographics for 78759, TX
42,333
Population
23,843
Households
1.8
Avg Household Size
38
Median Age
69%
College-Educated
97%
High-School Grad
14.3 sq mi
ZIP Area
2,960
Density / Sq Mi
$102,799
Median Household Income
$67,807
Median Earnings
$1,680
Median Rent
$634,400
Median Home Value
Market
Vacancy Rate% for Office in Austin, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Office condo building near Hwy 360, great location.
Where is this office units located?
The property is located at 9501-B N Capital of Texas Hwy Hwy 201 and 202 Austin, TX.
What is the asking price?
The asking price for this property is $693,000.
What are key features of this property?
This property features: Prime location near Hwy 360 and the Arboretum.; Two‑story office condo building.; Two separate suites, each 1,050 sq. ft.
