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Office Condo with Downtown Views
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1301 S Capital of Texas Highway #C201, Austin, TX 78746

Three private offices accompany an open flex area and reception or coffee bar space.

Property Size47,384 SF
Price / SF$0.09
Days on Market77

Property Features for 1301 S Capital of Texas Highway #C201

General Information

Standard status Active
Size 47,384 SF
Property subtype Office

Site & Location

Neighborhood Barton Creek Mall
Highway Access Yes

Additional Details

Property Use Office

Amenities

furnished atrium lobby
updated bathrooms

Building Details

Year Built 1983
Listing Agency: Moreland Properties
Listed By: Paige Shoberg · License #0602701
Source: Hoydenhomes
Added: Aug 18 Changed: Nov 1 Last Checked: Nov 1 at 1:25AM

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 Moreland Properties

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This office condo at 1301 S Capital of Texas Highway, Suite C201, contains 1,012 square feet. Its layout includes three private offices, an open flex area, and a reception or coffee bar area. High ceilings and individual lockable entries serve the private offices, while concrete floors and exposed concrete columns define the open areas. Windows bring natural light into the space, with downtown Austin and Texas Hill Country views from the corner office.

Capital View Center was built in 1983 and has a furnished atrium lobby and recently updated bathrooms. Access to Loop 360, Mopac, US 290, and US 71 connects the property with West Austin and the broader metro area.

Key Highlights

  • 1,012 square feet of office condo space
  • Three private offices, each with an individual lockable entry
  • Open flex area plus reception or coffee bar space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$965,253
Suggested Prices Based on Cap Rates
Cap Rate 5%
$19,305,060 $19.3M
Cap Rate 7%
$13,789,329 $13.8M
Cap Rate 9%
$10,725,033 $10.7M
Market Conditions
NOI Build-Up for 47,384 SF
Gross rent
$1.70M $35.88/SF
− Vacancy
−$413.1K −$8.72/SF
EGI
$1.29M $27.16/SF
− OpEx
−$321.8K −$6.79/SF
NOI
$965.3K $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%
$19,305,060
Cap Rate 7%
$13,789,329
Cap Rate 9%
$10,725,033

Alternative Uses

Best Use
Office B
$13.79M
$12.07M – $16.09M (±1% cap)
NOI $965,253 @ 7.0% cap · market cap 22,711.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$18.57M
$16.25M – $21.66M (±1% cap)
NOI $1,299,774 @ 7.0% cap · market cap 30,582.92%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Thorne Stephen PHD Physician Claudia Ma, PhD ... Physician Desired Connections Psychotherapy, ... Physician David D. Landers, ... Physician Dissociative Disorders Therapist ... Counselor

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop Restaurant Storage Facility Big Box & Wholesale Store Electrical Service

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,882
Businesses Nearby

Demographics for 78746, TX

29,106
Population
11,897
Households
2.4
Avg Household Size
41
Median Age
83%
College-Educated
99%
High-School Grad
22.9 sq mi
ZIP Area
1,271
Density / Sq Mi
$183,028
Median Household Income
$92,124
Median Earnings
$2,097
Median Rent
$1,352,500
Median Home Value

Market

Vacancy Rate% for Office in Austin, TX

9.1% 2019
17.1% 2020
18.7% 2021
21.8% 2022
27.1% 2023
29.8% 2024
29% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Three private offices accompany an open flex area and reception or coffee bar space.
Where is this office unit located?
The property is located at 1301 S Capital of Texas Highway #C201 Austin, TX.
What are key features of this property?
This property features: 1,012 square feet of office condo space; Three private offices, each with an individual lockable entry; Open flex area plus reception or coffee bar space
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