Corner Office
For Sale
$1,690,000
4225 E Highway 290, Dripping Springs, TX 78620
Flexible commercial layout supports professional, medical, creative office, and showroom uses.
Property Size3,326 SF
Lot Size1.00 Acre
Price / SF$508.12
Days on Market92
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Property Features for 4225 E Highway 290
General Information
Standard status
Active
Size
3,326 SF
Lot size
1.00 Acre
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$14,565
Building Details
Building Size
3,326 SF
Year Built
1986
Listing Agency:
Stanberry REALTORS
Listed By:
Scott Daves · License #0470497
(512) 894-3488
Source:
Localcolorrealestateaustin
Added: Jul 16
Changed: Oct 6
Last Checked: Oct 15 at 4:40AM
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 property occupies an acre lot and was built in 1986. Its adaptable configuration can accommodate professional services, medical operations, creative office functions, showroom use, or other commercial applications identified for the property.
The building sits at the corner of HWY 290 and Trautwein Rd, with frontage, exposure, and high daily traffic counts contributing to its prominent position. The site offers access between Dripping Springs and Austin, placing both communities within the property’s stated service area. The combination of office improvements, a sizable lot, and a highly visible corridor supports consideration for owner occupancy or investment use.
The building sits at the corner of HWY 290 and Trautwein Rd, with frontage, exposure, and high daily traffic counts contributing to its prominent position. The site offers access between Dripping Springs and Austin, placing both communities within the property’s stated service area. The combination of office improvements, a sizable lot, and a highly visible corridor supports consideration for owner occupancy or investment use.
Key Highlights
- 3,326 SF office property on an acre lot
- Corner position at HWY 290 and Trautwein Rd
- Frontage, exposure, and high daily traffic counts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,310
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,586,200
$1.6M
Cap Rate 7%
$1,133,000
$1.1M
Cap Rate 9%
$881,222
$881.2K
Market Conditions
NOI Build-Up for 3,326 SF
Gross rent
$139.7K $42.00/SF
− Vacancy
−$33.9K −$10.21/SF
EGI
$105.7K $31.79/SF
− OpEx
−$26.4K −$7.95/SF
NOI
$79.3K $23.85/SF
Area
Hays County, TX
Vacancy
24.30%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,586,200
Cap Rate 7%
$1,133,000
Cap Rate 9%
$881,222
Alternative Uses
Best Use
Office B
$1.13M
$991.4K – $1.32M
NOI $79,310 @ 7.0% cap · market cap 4.69%
Second Best
—
—
no second resolved use
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 authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
287
Businesses Nearby
Explore this area
Business Placement
Demographics for 78620, TX
20,493
Population
7,929
Households
2.6
Avg Household Size
43
Median Age
62%
College-Educated
97%
High-School Grad
175.6 sq mi
ZIP Area
117
Density / Sq Mi
$146,551
Median Household Income
$58,583
Median Earnings
$1,674
Median Rent
$624,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Flexible commercial layout supports professional, medical, creative office, and showroom uses.
Where is this office units 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 property on an acre lot; Corner position at HWY 290 and Trautwein Rd; Frontage, exposure, and high daily traffic counts
