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Three-Story Office Building
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2204 Western Trails Blvd, Austin, TX 78745

Three-story office building totaling 6,503 SF, suited for owner-users or full-building tenants.

Property Size6,503 SF
Price / SF$538.21
Days on Market99

Property Features for 2204 Western Trails Blvd

General Information

Standard status Active
Size 6,503 SF
Property subtype OFFICE

Site & Location

Neighborhood Westgate

Building Details

Buildings 1
Stories 3
Building Size 6,503 SF
Listing Agency: Austin Office Space, Inc.
Listed By: Chad Jewell · License #503052
Source: Moodyscre
Added: Jul 27 Changed: Oct 26 Last Checked: Nov 1 at 6:02AM

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 Austin Office Space, Inc.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

A 6,503 SF, three-story office building is available for sale or lease. The building is positioned for flexible occupancy, whether an owner-user is looking for their own full-building identity or a tenant wants dedicated presence in a single location.

The property is in South Austin at 2204 Western Trails Blvd, Austin, TX 78745, south of the river. This provides a straightforward option for organizations seeking a standalone, full-building footprint rather than shared space.

Key Highlights

  • 6,503 SF three‑story office building
  • Available for sale or lease
  • Flexible for owner‑user occupancy or full‑building tenant identity

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$108,275
Cap Rate
3.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,165,500 $2.2M
Cap Rate 7%
$1,546,786 $1.5M
Cap Rate 9%
$1,203,056 $1.2M
Market Conditions
NOI Build-Up for 6,503 SF
Gross rent
$195.1K $30.00/SF
− Vacancy
−$50.7K −$7.80/SF
EGI
$144.4K $22.20/SF
− OpEx
−$36.1K −$5.55/SF
NOI
$108.3K $16.65/SF
Area
ZIP 78745
Vacancy
26.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,165,500
Cap Rate 7%
$1,546,786
Cap Rate 9%
$1,203,056

Alternative Uses

Best Use
Office B
$1.55M
$1.35M – $1.80M (±1% cap)
NOI $108,275 @ 7.0% cap · market cap 3.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.72M
$2.38M – $3.17M (±1% cap)
NOI $190,289 @ 7.0% cap · market cap 5.44%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

MERP, LLC General Contractor LRG Engineering Civil Engineer Unalome Health & Wellness Alternative Medicine Practice Colt Builders Construction Company Land Unlimited Real Estate Agency

Suggested Use

Top Pick Building Supply Kitchen & Bath Showroom Bakery Garden Center HVAC Service Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,860
Businesses Nearby

Demographics for 78745, TX

59,843
Population
31,246
Households
1.9
Avg Household Size
36
Median Age
54%
College-Educated
93%
High-School Grad
13.7 sq mi
ZIP Area
4,368
Density / Sq Mi
$84,529
Median Household Income
$56,551
Median Earnings
$1,655
Median Rent
$459,100
Median Home Value

Market

Vacancy Rate% for Office in Austin, TX

9.1% 2019
17.1% 2020
18.7% 2021
21.8% 2022
27.1% 2023
29.8% 2024
29% 2025

Frequently Asked Questions

What type of property is this?
Office building - Three-story office building totaling 6,503 SF, suited for owner-users or full-building tenants.
Where is this office building located?
The property is located at 2204 Western Trails Blvd Austin, TX.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 6,503 SF three‑story office building; Available for sale or lease; Flexible for owner‑user occupancy or full‑building tenant identity
(512) 633-7703 Call to check price and availability
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