Office Suite with
For Sale
$275,000
4131 Spicewood Springs Rd #Unit # D3, Austin, TX 78759
Autonomous second-floor office suite with two large offices, including one with a balcony, plus conference room, kitchen, and restroom.
Property Size715 SF
Price / SF$384.62
Days on Market101
Property Features for 4131 Spicewood Springs Rd #Unit # D3
General Information
Standard status
Active
Size
715 SF
Elevators
No
Property subtype
Commercial
Additional Details
Floor
Second floor
Amenities
balcony
conference room
kitchen
restroom
Building Details
Building Size
715 SF
Year Built
1985
Listing Agency:
Realty Texas LLC
(800) 660-1022
Listed By:
Cheryl Smith
Source:
Loessinproperties
Added: Apr 24
Changed: Jul 29
Last Checked: Jul 30 at 11:54AM
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 Texas LLC
Investment Insights
Based on property information with market context.
Located at 4131 Spicewood Springs Rd #Unit #D3, Austin, TX 78759, this second-floor autonomous office suite offers a practical, self-contained layout. The suite includes two large offices, with one office featuring a balcony. Both offices have windows, supporting a bright work environment.
A large conference room provides space for meetings and collaboration. The suite also includes a kitchen and restroom to support day-to-day office needs. The unit is approximately 715 SF.
Access is limited to stairs, as there is no elevator access to the second floor. The building was built in 1985, offering an established office setting.
A large conference room provides space for meetings and collaboration. The suite also includes a kitchen and restroom to support day-to-day office needs. The unit is approximately 715 SF.
Access is limited to stairs, as there is no elevator access to the second floor. The building was built in 1985, offering an established office setting.
Key Highlights
- Autonomous second‑floor office suite with no elevator access
- Two large offices, including one office with a balcony
- Both offices have windows
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 | $25.7k | $35.88 |
| − Vacancy | −$6.2k | −$8.72 |
| EGI | $19.4k | $27.16 |
| − OpEx | −$4.9k | −$6.79 |
| NOI | $14.6k | $20.37 |
715 SF · lease $35.88/SF/yr · vacancy 24.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$208.1K
$182.1K – $242.8K
NOI $14,565 @ 7.0% cap · market cap 5.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$280.2K
$245.2K – $326.9K
NOI $19,613 @ 7.0% cap · market cap 7.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,591
Businesses Nearby
Explore this area
Business Placement
Demographics for 78759, TX
42,333
Population
23,843
Households
1.8
Avg Household Size
38
Median Age
69%
College-Educated
97%
High-School Grad
14.3 sq mi
ZIP Area
2,960
Density / Sq Mi
$102,799
Median Household Income
$67,807
Median Earnings
$1,680
Median Rent
$634,400
Median Home Value
Market
Vacancy Rate% for Office in Austin, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Autonomous second-floor office suite with two large offices, including one with a balcony, plus conference room, kitchen, and restroom.
Where is this office units located?
The property is located at 4131 Spicewood Springs Rd #Unit # D3 Austin, TX.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Autonomous second‑floor office suite with no elevator access; Two large offices, including one office with a balcony; Both offices have windows
