Live-Work and Office
2009 Fortview Rd Austin, TX 78704
New
2009 Fortview Rd, Austin, TX, 78704
$365,000
For Sale
$365,000
Existing 1,128 SF building on an 8,316 SF lot with flexible office or live-work potential, subject to zoning verification.
Property Size1,128 SF
Price / SF$323.58
Days on Market7
Property Features for 2009 Fortview Rd
General Information
- Standard status
- Active
- Size
- 1,128 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1953
Listing agency
Rivet Real Estate
(512) 931-1267
Listed by
Rosie Hayer
Source
Buttross
Added: Jul 16 Updated: Jul 22 at 8:34AM Checked: Jul 22 at 8:34AM
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 Rivet Real Estate
Investment Insights
Based on property information with market context.
An existing 1,128 SF structure sits on an approximately 8,316 SF lot at 2009 Fortview Rd in Austin, Texas. The current building offers flexibility for office conversion, live-work use (subject to zoning), redevelopment, or continued occupancy while planning future improvements.
The property is positioned in South Austin with easy access to major thoroughfares including Highway 290, Highway 71, and IH-35. It is described as minutes from Downtown Austin, Austin-Bergstrom International Airport, and nearby retail centers and restaurants. Buyers should verify zoning, permitted uses, and redevelopment options with the City of Austin.
The property is positioned in South Austin with easy access to major thoroughfares including Highway 290, Highway 71, and IH-35. It is described as minutes from Downtown Austin, Austin-Bergstrom International Airport, and nearby retail centers and restaurants. Buyers should verify zoning, permitted uses, and redevelopment options with the City of Austin.
Key Highlights
- Year built 1953: existing 1,128 SF structure on an 8,316 SF lot
- Flexibility for office conversion, live/work use, redevelopment, or continued occupancy (subject to zoning)
- Easy access to major thoroughfares including Highway 290, Highway 71, and IH‑35
Local Financial Insights For Mixed Use
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 | $33.8k | $30.00 |
| − Vacancy | −$4.1k | −$3.60 |
| EGI | $29.8k | $26.40 |
| − OpEx | −$11.2k | −$9.90 |
| NOI | $18.6k | $16.50 |
1,128 SF · lease $30.00/SF/yr · vacancy 12.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$265.9K
$232.7K – $310.2K
NOI $18,612 @ 7.0% cap · market cap 5.10%
Second Best
Office B
$254.2K
$222.4K – $296.5K
NOI $17,791 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$470.4K
$411.6K – $548.8K
NOI $32,926 @ 7.0% cap · market cap 9.02%
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 - Existing 1,128 SF building on an 8,316 SF lot with flexible office or live-work potential, subject to zoning verification.
Where is this live-work space located?
The property is located at 2009 Fortview Rd Austin, TX.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Year built 1953: existing 1,128 SF structure on an 8,316 SF lot; Flexibility for office conversion, live/work use, redevelopment, or continued occupancy (subject to zoning); Easy access to major thoroughfares including Highway 290, Highway 71, and IH‑35
