Private-Office Condominium
For Sale
$330,000
1913 Dutton Dr #405, San Marcos, TX 78666
The suite includes a reception area, individual offices, storage space, and its own restroom.
Property Size967 SF
Price / SF$341.26
Days on Market494
Property Features for 1913 Dutton Dr #405
General Information
Standard status
Active
Size
967 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Tenant in Place
Yes
Property Use
Office
Building Details
Building Size
967 SF
Year Built
2014
Buildings
1
Tenancy
Single
Listing Agency:
DeVillar Properties
Listed By:
George DeVillar
(512) 639-0258
Source:
Devillarproperties
Added: Jun 18, 2025
Changed: Oct 23
Last Checked: Oct 23 at 3:30PM
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 DeVillar Properties
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Investment Insights
Based on property information with market context.
This 967-square-foot office condominium suite at 1913 Dutton Dr, Suite 405, was built in 2014. Its layout includes a waiting area, four private offices, a media and storage closet, and a private restroom. Stained concrete floors and high ceilings are among the interior features.
The property is 0.5 miles from I-35 and 0.25 miles from the Hays County Government Center. Christus Santa Rosa Hospital and several medical complexes are directly across the street. A tenant currently occupies the suite under a lease with five years remaining; the tenant has occupied the space for the previous decade.
The property is 0.5 miles from I-35 and 0.25 miles from the Hays County Government Center. Christus Santa Rosa Hospital and several medical complexes are directly across the street. A tenant currently occupies the suite under a lease with five years remaining; the tenant has occupied the space for the previous decade.
Key Highlights
- 967‑square‑foot office condominium suite built in 2014
- Four private offices, a waiting area, media/storage closet, and private restroom
- Current lease has five years remaining; tenant has occupied the suite for the previous decade
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,059
Cap Rate
6.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$461,180
$461.2K
Cap Rate 7%
$329,414
$329.4K
Cap Rate 9%
$256,211
$256.2K
Market Conditions
NOI Build-Up for 967 SF
Gross rent
$40.6K $42.00/SF
− Vacancy
−$9.9K −$10.21/SF
EGI
$30.7K $31.79/SF
− OpEx
−$7.7K −$7.95/SF
NOI
$23.1K $23.85/SF
Area
Hays County, TX
Vacancy
24.30%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$461,180
Cap Rate 7%
$329,414
Cap Rate 9%
$256,211
Alternative Uses
Best Use
Office B
$329.4K
$288.2K – $384.3K
NOI $23,059 @ 7.0% cap · market cap 6.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$404.2K
$353.7K – $471.6K
NOI $28,296 @ 7.0% cap · market cap 8.57%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
648
Businesses Nearby
Explore this area
Business Placement
Demographics for 78666, TX
86,584
Population
36,354
Households
2.4
Avg Household Size
27
Median Age
35%
College-Educated
89%
High-School Grad
192.4 sq mi
ZIP Area
450
Density / Sq Mi
$55,478
Median Household Income
$25,890
Median Earnings
$1,294
Median Rent
$271,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The suite includes a reception area, individual offices, storage space, and its own restroom.
Where is this office unit located?
The property is located at 1913 Dutton Dr #405 San Marcos, TX.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 967‑square‑foot office condominium suite built in 2014; Four private offices, a waiting area, media/storage closet, and private restroom; Current lease has five years remaining; tenant has occupied the suite for the previous decade
