16299 Fitzhugh Rd E, Dripping Springs, TX 78620
Flex property with visibility, expansion potential, and fenced yard.
- Added:
- Mar 11, 2026
- Days on Market:
- 118
- Last Refresh:
- Jul 2 at 1:52 pm
Property Features for 16299 Fitzhugh Rd E
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Lot size
- 2.53 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 2015
Listing office Friedman Real Estate, Inc. (512) 806-4461
Listing date Mar 11, 2026
Source Elliman
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 Friedman Real Estate, Inc.
HighLights
- Excellent visibility and access on Fitzhugh Road.
- 5,000 SF enclosed space plus 2,500 SF covered space (enclosable).
- Private, fenced yard for storage/equipment.
- 3‑Phase power available.
- Mezzanine level for added storage or workspace.
- Convenient access to Dripping Springs, Austin, Bee Cave, and Lakeway.
Overview
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 | $210.0k | $42.00 |
| − Vacancy | −$51.0k | −$10.21 |
| EGI | $159.0k | $31.79 |
| − OpEx | −$39.7k | −$7.95 |
| NOI | $119.2k | $23.85 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Dripping Springs
- County
- Hays
- State
- Texas
- Longitude
- -98.0483
- Latitude
- 30.2464
