Renovated Mixed-Use
New
For Sale
$1,200,000
1607 E Cesar Chavez St, Austin, TX 78702
CS zoning and on-site parking for six vehicles support office or retail occupancy.
Property Size1,851 SF
Days on Market6
Property Features for 1607 E Cesar Chavez St
General Information
Standard status
Active
Size
1,851 SF
Total Parking Spaces
6
Property subtype
Commercial
Zoning
CS
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$21,771
Building Details
Building Size
1,851 SF
Year Built
1925
Year Renovated
2025
Listed By:
Danny Walker
(713) 213-8495
Source:
Elliman
Added: Oct 1
Last Checked: Oct 5 at 7:38PM
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 Danny Walker
Investment Insights
Based on property information with market context.
This vacant mixed-use building at 1607 E Cesar Chavez St is zoned CS and was renovated in 2025. Work included a roof replacement, exterior repainting, interior updates, and improvements to the yard. The property is suited to office or retail use.
The site is positioned between Waterstreet Lofts and Heywood Hotel on the Cesar Chavez corridor. Walk Score is 80, Bike Score is 91, and Transit Score is 52. On-site parking accommodates six cars.
The site is positioned between Waterstreet Lofts and Heywood Hotel on the Cesar Chavez corridor. Walk Score is 80, Bike Score is 91, and Transit Score is 52. On-site parking accommodates six cars.
Key Highlights
- 2025 updates included a new roof, exterior repaint, interior remodeling, and yard improvements
- CS zoning; the property is vacant and suited to office or retail use
- On‑site parking for 6 cars
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,706
Cap Rate
3.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$754,120
$754.1K
Cap Rate 7%
$538,657
$538.7K
Cap Rate 9%
$418,956
$419.0K
Market Conditions
NOI Build-Up for 1,851 SF
Gross rent
$66.4K $35.88/SF
− Vacancy
−$16.1K −$8.72/SF
EGI
$50.3K $27.16/SF
− OpEx
−$12.6K −$6.79/SF
NOI
$37.7K $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%
$754,120
Cap Rate 7%
$538,657
Cap Rate 9%
$418,956
Alternative Uses
Best Use
Office B
$538.7K
$471.3K – $628.4K
NOI $37,706 @ 7.0% cap · market cap 3.14%
Second Best
Retail
$465.6K
$407.4K – $543.2K
NOI $32,593 @ 7.0% cap · market cap 2.72%
Theoretical Best
Office A
$725.3K
$634.7K – $846.2K
NOI $50,774 @ 7.0% cap · market cap 4.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,788
Businesses Nearby
Explore this area
Business Placement
Demographics for 78702, TX
25,910
Population
14,573
Households
1.8
Avg Household Size
34
Median Age
59%
College-Educated
91%
High-School Grad
5.0 sq mi
ZIP Area
5,182
Density / Sq Mi
$101,304
Median Household Income
$65,876
Median Earnings
$1,966
Median Rent
$644,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Austin, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - CS zoning and on-site parking for six vehicles support office or retail occupancy.
Where is this mixed-use property located?
The property is located at 1607 E Cesar Chavez St Austin, TX.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 2025 updates included a new roof, exterior repaint, interior remodeling, and yard improvements; CS zoning; the property is vacant and suited to office or retail use; On‑site parking for 6 cars
