Corner Office Space with
4225 E Highway 290 Dripping Springs, TX 78620
New
4225 E Highway 290, Dripping Springs, TX, 78620
$1,690,000
For Sale
$1,690,000
Office space on an acre lot at the corner of HWY 290 and Trautwein Rd with strong frontage and flexible layout.
Property Size3,326 SF
Lot Size1.00 Acre
Price / SF$508.12
Days on Market2
Property Features for 4225 E Highway 290
General Information
- Standard status
- Active
- Size
- 3,326 SF
- Lot size
- 1.00 Acre
- Property subtype
- Commercial
Building Details
- Year Built
- 1986
Listing agency
Stanberry REALTORS
(512) 415-2265
Listed by
Scott Daves · License #0470497
(512) 415-2265
Source
Elliman
Added: Jul 20 Updated: Jul 21 at 4:21AM Checked: Jul 21 at 4:21AM
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 Stanberry REALTORS
Investment Insights
Based on property information with market context.
This 3,326 SF office space sits on an acre lot at a highly visible corner, with strong frontage and exposure. The flexible interior layout supports a range of professional and service-oriented uses, including medical, creative office, showroom, and other commercial configurations.
The property is positioned at the intersection of HWY 290 and Trautwein Rd, with convenient accessibility for visitors and staff. While the area is described as car-dependent, it is also noted as somewhat bikeable.
Offered for sale as an owner-user or investment opportunity, the space is built to accommodate flexible tenant needs while benefiting from prominent roadside presence along a major corridor between Dripping Springs and Austin.
The property is positioned at the intersection of HWY 290 and Trautwein Rd, with convenient accessibility for visitors and staff. While the area is described as car-dependent, it is also noted as somewhat bikeable.
Offered for sale as an owner-user or investment opportunity, the space is built to accommodate flexible tenant needs while benefiting from prominent roadside presence along a major corridor between Dripping Springs and Austin.
Key Highlights
- 3,326 SF office space built in 1986
- Located on a 1‑acre lot at the corner of HWY 290 and Trautwein Rd
- Highly visible corner position with strong frontage and exposure
Local 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 | $139.7k | $42.00 |
| − Vacancy | −$33.9k | −$10.21 |
| EGI | $105.7k | $31.79 |
| − OpEx | −$26.4k | −$7.95 |
| NOI | $79.3k | $23.85 |
3,326 SF · lease $42.00/SF/yr · vacancy 24.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.13M
$991.4K – $1.32M
NOI $79,310 @ 7.0% cap · market cap 4.69%
Second Best
Healthcare Medical
$862.1K
$754.3K – $1.01M
NOI $60,347 @ 7.0% cap · market cap 3.57%
Theoretical Best
Office A
$1.39M
$1.22M – $1.62M
NOI $97,325 @ 7.0% cap · market cap 5.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Office building - Office space on an acre lot at the corner of HWY 290 and Trautwein Rd with strong frontage and flexible layout.
Where is this office building located?
The property is located at 4225 E Highway 290 Dripping Springs, TX.
What is the asking price?
The asking price for this property is $1,690,000.
What are key features of this property?
This property features: 3,326 SF office space built in 1986; Located on a 1‑acre lot at the corner of HWY 290 and Trautwein Rd; Highly visible corner position with strong frontage and exposure
