Second-Floor Office
For Sale
$275,000
12343 Hymeadow DR Unit 3B, Austin, TX 78750
Second-floor office suite with a covered patio, reception area, five private offices, and one private bathroom.
Property Size1,003 SF
Price / SF$274.18
Days on Market465
Property Features for 12343 Hymeadow DR Unit 3B
General Information
Standard status
Active
Size
1,003 SF
Property subtype
Office
Amenities
Central Air, Electric, Heat Pump
3
Parking.
4 Parking Spaces. Assigned Parking Space, Guest Parking, No Parking.
Asphalt, Concrete Road.
Building Details
Year Built
1995
Listing Agency:
Lone Star Appraisals & Realty
(512) 426-0087
Listed By:
Chris P. Griesbach
(512) 426-0087
Source:
Xome
Added: Apr 27, 2025
Changed: Jul 25
Last Checked: Aug 4 at 4:11AM
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 Lone Star Appraisals & Realty
Investment Insights
Based on property information with market context.
This second-floor office suite includes a reception area, five private offices, and one private bathroom. A rear office is also set up with a sink and cabinets, which could support use as an additional office or as a breakroom.
The property includes a huge covered patio associated with the second-floor space. The offering notes availability to purchase additional adjacent space, including an adjacent unit and options to acquire the entire second floor.
For tax reference, the WCAD tax ID is R300058.
The property includes a huge covered patio associated with the second-floor space. The offering notes availability to purchase additional adjacent space, including an adjacent unit and options to acquire the entire second floor.
For tax reference, the WCAD tax ID is R300058.
Key Highlights
- Second‑floor office suite with a covered patio
- Reception area plus 5 private offices and 1 private bathroom
- Rear office includes a sink and cabinets (could serve as office or breakroom)
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 | $36.0k | $35.88 |
| − Vacancy | −$8.7k | −$8.72 |
| EGI | $27.2k | $27.16 |
| − OpEx | −$6.8k | −$6.79 |
| NOI | $20.4k | $20.37 |
1,003 SF · lease $35.88/SF/yr · vacancy 24.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$291.9K
$255.4K – $340.5K
NOI $20,432 @ 7.0% cap · market cap 7.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$393.0K
$343.9K – $458.6K
NOI $27,513 @ 7.0% cap · market cap 10.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,918
Businesses Nearby
Explore this area
Business Placement
Demographics for 78750, TX
28,348
Population
12,186
Households
2.3
Avg Household Size
40
Median Age
63%
College-Educated
96%
High-School Grad
11.8 sq mi
ZIP Area
2,402
Density / Sq Mi
$123,722
Median Household Income
$62,096
Median Earnings
$1,743
Median Rent
$552,800
Median Home Value
Market
Vacancy Rate% for Office in Austin, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Second-floor office suite with a covered patio, reception area, five private offices, and one private bathroom.
Where is this office units located?
The property is located at 12343 Hymeadow DR Unit 3B Austin, TX.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Second‑floor office suite with a covered patio; Reception area plus 5 private offices and 1 private bathroom; Rear office includes a sink and cabinets (could serve as office or breakroom)
