Live-Work Warehouse with
15200 Storm Dr Austin, TX 78734
15200 Storm Dr, Austin, TX, 78734
$989,900
For Sale
$989,900
Warehouse with 20' ceilings and a full bath with shower, plus an on-site residence on an approximately 1.85-acre site.
Property Size3,147 SF
Lot Size1.85 Acres
Price / SF$314.55
Days on Market38
Property Features for 15200 Storm Dr
General Information
- Standard status
- Active
- Size
- 3,147 SF
- Lot size
- 1.85 Acres
- Property subtype
- Mixed Use
Building Details
- Year Built
- 2001
Listing agency
MCLANE REALTY, LLC
(512) 750-5361
Listed by
Charles Watkins
(512) 750-5361
Source
Xome
Added: Jun 14 Updated: Jul 20 at 8:49PM Checked: Jul 21 at 3:11AM
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 MCLANE REALTY, LLC
Investment Insights
Based on property information with market context.
This live-work property pairs a warehouse with an on-site residence, offering a configuration that can support both work and daily living. The warehouse includes 20-foot ceilings and a full bathroom with a shower. The space is described as ready to customize for uses such as trades, fabrication, fitness, or storage.
The property is located at 15200 Storm Dr in Austin, Texas, and is within Lake Travis ISD. The listing notes no HOA and ample off-street parking. The remarks also state that Austin Energy will permit a service upgrade for heavy equipment loads, and the property is minutes to the 620/2222 corridor.
The property is located at 15200 Storm Dr in Austin, Texas, and is within Lake Travis ISD. The listing notes no HOA and ample off-street parking. The remarks also state that Austin Energy will permit a service upgrade for heavy equipment loads, and the property is minutes to the 620/2222 corridor.
Key Highlights
- ~1.85‑acre live/work property with warehouse plus on‑site residence, no HOA
- 1,200 SF warehouse with 20' ceilings and a full bathroom with shower
- 20 parking spaces with garage, gravel, driveway, off‑street and RV parking options
Local 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 | $112.9k | $35.88 |
| − Vacancy | −$27.4k | −$8.72 |
| EGI | $85.5k | $27.16 |
| − OpEx | −$21.4k | −$6.79 |
| NOI | $64.1k | $20.37 |
3,147 SF · lease $35.88/SF/yr · vacancy 24.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$915.8K
$801.3K – $1.07M
NOI $64,107 @ 7.0% cap · market cap 6.48%
Second Best
Mixed Use
$758.7K
$663.8K – $885.1K
NOI $53,106 @ 7.0% cap · market cap 5.36%
Theoretical Best
Office A
$1.23M
$1.08M – $1.44M
NOI $86,324 @ 7.0% cap · market cap 8.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Live-work space
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Warehouse with 20' ceilings and a full bath with shower, plus an on-site residence on an approximately 1.85-acre site.
Where is this live-work space located?
The property is located at 15200 Storm Dr Austin, TX.
What is the asking price?
The asking price for this property is $989,900.
What are key features of this property?
This property features: ~1.85‑acre live/work property with warehouse plus on‑site residence, no HOA; 1,200 SF warehouse with 20' ceilings and a full bathroom with shower; 20 parking spaces with garage, gravel, driveway, off‑street and RV parking options
