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139-Room HomeTowne Studios Hotel
For Sale
Contact for pricing
Pending

12621 Hymeadow Dr, Austin, TX 78750

Extended-stay lodging asset near Austin-area attractions, higher education, and government offices.

Property SizeContact for details
Days on Market142

Property Features for 12621 Hymeadow Dr

General Information

Standard status Pending
Property subtype Hospitality
Listing Agency: HREC Investment Advisors
Listed By: Wendy Blissett · License #GA 215220
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 2:33AM

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 HREC Investment Advisors

Investment Insights

Based on property information with market context.

The property is a 139-room HomeTowne Studios by Red Roof extended-stay hotel at 12621 Hymeadow Dr in Austin, Texas. Its operating history includes reported occupancy of 75% in 2019, 75% in 2020, 88% in 2021, 79% in 2022, and 71% for the trailing twelve months through October 2023.

The hotel is located 15 miles from downtown Austin and 12 miles from the University of Texas at Austin. The Austin Aquarium is 0.5 miles away, while the Texas State Capitol is 13.5 miles from the property. The asset is offered individually or as part of a portfolio of five HomeTowne Studios hotels.

Key Highlights

  • 139‑room HomeTowne Studios by Red Roof extended‑stay hotel
  • Reported occupancy reached 88% in 2021
  • Trailing twelve‑month occupancy through October 2023 was 71%

Property Analytics

Current Use

HomeTowne Studios Austin Hotel & Motel DivineMetamorphosis Spiritual Center Royal Mobile Auto ... Car Wash

Suggested Use

Top Pick Parking Lot & Garage Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store Supermarket Clothing & Fashion 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.

Location Intelligence

Trade Area within ½ mile

1,935
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Extended-stay lodging asset near Austin-area attractions, higher education, and government offices.
Where is this hotel located?
The property is located at 12621 Hymeadow Dr Austin, TX.
What are key features of this property?
This property features: 139‑room HomeTowne Studios by Red Roof extended‑stay hotel; Reported occupancy reached 88% in 2021; Trailing twelve‑month occupancy through October 2023 was 71%
More about this property
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