Mixed-Use Property with Gated
For Sale
Contact for pricing
2609 W Howard Lane, Austin, TX 78728
An updated office and enclosed outdoor area provide complementary commercial space with access from Howard Lane and IH-35.
Property Size432 SF
Lot Size0.39 Acres
Price / SF$4.39
Days on Market39
Property Features for 2609 W Howard Lane
General Information
Standard status
Active
Size
432 SF
Lot size
0.39 Acres
Property subtype
MixedUse
Site & Location
Neighborhood
Robinson Ranch
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Land Use
commercial, mixed-use
Property Use
Office
Amenities
private half bath
laminate flooring
central air and heat
building signage
gated rear yard
Building Details
Year Built
2007
Listing Agency:
REALTY CAPITAL CITY
(512) 381-2220
Listed By:
Gilbert Gracia · License #516555
(512) 825-1591
Source:
Hoydenhomes
Added: Sep 21
Changed: Oct 28
Last Checked: Oct 28 at 6:57AM
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 REALTY CAPITAL CITY
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Investment Insights
Based on property information with market context.
This mixed-use property occupies 0.391 acres and includes a 432 SF updated office alongside a gated rear yard. The office has a private half bath, laminate flooring, central air and heat, and building signage. Outside parking is available, and the office and yard may be separated to suit tenant needs.
The site is accessed from Howard Lane and IH-35 in North Austin. Its combination of enclosed office space and secured outdoor area supports a range of commercial operations, subject to permitted-use requirements.
The site is accessed from Howard Lane and IH-35 in North Austin. Its combination of enclosed office space and secured outdoor area supports a range of commercial operations, subject to permitted-use requirements.
Key Highlights
- 0.391‑acre property with gated rear yard
- Updated 432 SF office with private half bath
- Central air and heat, laminate flooring, and building signage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,290
Suggested Prices Based on Cap Rates
Cap Rate 5%
$145,800
$145.8K
Cap Rate 7%
$104,143
$104.1K
Cap Rate 9%
$81,000
$81.0K
Market Conditions
NOI Build-Up for 432 SF
Gross rent
$13.0K $30.00/SF
− Vacancy
−$1.3K −$3.00/SF
EGI
$11.7K $27.00/SF
− OpEx
−$4.4K −$10.13/SF
NOI
$7.3K $16.88/SF
Area
Austin, TX
Vacancy
10.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$145,800
Cap Rate 7%
$104,143
Cap Rate 9%
$81,000
Alternative Uses
Best Use
Office B
$125.7K
$110.0K – $146.7K
NOI $8,800 @ 7.0% cap · market cap 464.38%
Second Best
Mixed Use
$104.1K
$91.1K – $121.5K
NOI $7,290 @ 7.0% cap · market cap 384.70%
Theoretical Best
Office A
$169.3K
$148.1K – $197.5K
NOI $11,850 @ 7.0% cap · market cap 625.33%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
856
Businesses Nearby
Explore this area
Business Placement
Demographics for 78728, TX
25,555
Population
13,878
Households
1.8
Avg Household Size
33
Median Age
48%
College-Educated
94%
High-School Grad
7.7 sq mi
ZIP Area
3,319
Density / Sq Mi
$74,048
Median Household Income
$53,915
Median Earnings
$1,523
Median Rent
$392,600
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 Austin, TX
Frequently Asked Questions
What type of property is this?
Mixed-use property - An updated office and enclosed outdoor area provide complementary commercial space with access from Howard Lane and IH-35.
Where is this mixed-use property located?
The property is located at 2609 W Howard Lane Austin, TX.
What are key features of this property?
This property features: 0.391‑acre property with gated rear yard; Updated 432 SF office with private half bath; Central air and heat, laminate flooring, and building signage
