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Two-Story Mixed-Use Property
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1430 Howard Lane W #2-2, Austin, TX 78728

The property combines office or retail space with a six-bedroom, two-bathroom residential area.

Property Size825 SF
Lot Size0.46 Acres
Price / SF$2.18
Days on Market36

Property Features for 1430 Howard Lane W #2-2

General Information

Standard status Active
Size 825 SF
Lot size 0.46 Acres
Property subtype Retail

Site & Location

Neighborhood Gracy Woods

Building Details

Year Built 1953
Stories 2
Listing Agency: Keller Williams Realty
Listed By: Rick Trejo · License #0578976
Source: Hoydenhomes
Added: Sep 24 Changed: Oct 28 Last Checked: Oct 28 at 9:46AM

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 Keller Williams Realty

Rey
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Investment Insights

Based on property information with market context.

This two-story mixed-use property at 1430 Howard Lane W includes approximately 825 square feet designated for office or retail use and 3,516 square feet of living area. The residential portion has six bedrooms and two full bathrooms. The building dates to 1953 and sits on a 0.46-acre parcel.

Key Highlights

  • Approximately 825 square feet of office or retail space
  • 3,516 square feet of living area with six bedrooms and two full bathrooms
  • Two‑story building constructed in 1953

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,922
Suggested Prices Based on Cap Rates
Cap Rate 5%
$278,440 $278.4K
Cap Rate 7%
$198,886 $198.9K
Cap Rate 9%
$154,689 $154.7K
Market Conditions
NOI Build-Up for 825 SF
Gross rent
$24.8K $30.00/SF
− Vacancy
−$2.5K −$3.00/SF
EGI
$22.3K $27.00/SF
− OpEx
−$8.4K −$10.13/SF
NOI
$13.9K $16.88/SF
Area
Austin, TX
Vacancy
10.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$278,440
Cap Rate 7%
$198,886
Cap Rate 9%
$154,689

Alternative Uses

Best Use
Retail
$207.5K
$181.6K – $242.1K (±1% cap)
NOI $14,527 @ 7.0% cap · market cap 807.06%
Second Best
Mixed Use
$198.9K
$174.0K – $232.0K (±1% cap)
NOI $13,922 @ 7.0% cap · market cap 773.44%
Theoretical Best
Office A
$323.3K
$282.9K – $377.2K (±1% cap)
NOI $22,630 @ 7.0% cap · market cap 1,257.22%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Kim Tailor & Cleaners (Bike/Boat/Book/etc) Store Sleek Motors Car Dealership

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Big Box & Wholesale Store Pharmacy Hair Salon

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

709
Businesses Nearby
89k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 49% Shops & Services 42% Electronics 5% Home Improvements & Furnishings 1%
McDonald's Dining
28,242 visits/mo 0.4 miles
Wings N More Dining
11,414 visits/mo 0.4 miles
Exxon Shops & Services
8,081 visits/mo 0.3 miles
Chevron Shops & Services
7,137 visits/mo 0.4 miles
RBFCU - Credit Union Shops & Services
4,610 visits/mo 0.4 miles

Demographics for 78728, TX

25,555
Population
13,878
Households
1.8
Avg Household Size
33
Median Age
48%
College-Educated
94%
High-School Grad
7.7 sq mi
ZIP Area
3,319
Density / Sq Mi
$74,048
Median Household Income
$53,915
Median Earnings
$1,523
Median Rent
$392,600
Median Home Value

Market

Vacancy Rate% for Retail in Austin, TX

5.3% 2019
6.4% 2020
5.2% 2021
4% 2022
4.1% 2023
3.9% 2024
4.1% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The property combines office or retail space with a six-bedroom, two-bathroom residential area.
Where is this mixed-use property located?
The property is located at 1430 Howard Lane W #2-2 Austin, TX.
What are key features of this property?
This property features: Approximately 825 square feet of office or retail space; 3,516 square feet of living area with six bedrooms and two full bathrooms; Two‑story building constructed in 1953
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Includes: Price & PSF · Cap rate · Location · Zoning

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