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Leased Downtown Office Suite
For Sale
$2,250,000

505 15th St, Austin, TX 78701

Office suite for sale with an existing tenant lease, where the tenant pays taxes under the lease terms.

Property Size2,300 SF
Price / SF$978.26
Days on Market389

Property Features for 505 15th St

General Information

Standard status Active
Size 2,300 SF
Property subtype Office

Taxes and HOA fees

Annual Taxes $33,399

Amenities

Central Air
3
Parking.
8 Parking Spaces. Off Street.

Building Details

Year Built 1984
Listing Agency: Harrison-Pearson Assoc. Inc
Listed By: Samuel Pritchard · License #0531170
Source: Xome
Added: Aug 16, 2025 Changed: Sep 7 Last Checked: Sep 7 at 5:39AM

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 Harrison-Pearson Assoc. Inc

Investment Insights

Based on property information with market context.

This is a for-sale office suite within a downtown, central setting. The property is currently occupied under an existing tenant lease, and the tenant pays taxes pursuant to the lease terms.

Located at 505 W 15th St in Austin, TX, the asset benefits from high visibility. Reported accessibility scores include a BikeScore of 94 (Biker’s Paradise), a WalkScore of 98 (Walker’s Paradise), and a TransitScore of 68 (Good Transit).

Key Highlights

  • Office suite built in 1984 with an existing tenant lease
  • Tenant pays taxes under the lease terms
  • Downtown central location with Walk Score of 98, Bike Score of 94, and Transit Score of 68

Property Analytics

Current Use

PEP Solar llc Solar Energy Company Lawyer's Aid Service, ... Law Firm R Stephen Mc ... Law Firm B & D Marketing ... Advertising Agency Runde Richard R Real Estate Agency

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Pet Grooming Service Adult Day Care Mobile Phone Store Tanning Salon

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

6,492
Businesses Nearby

Demographics for 78701, TX

11,625
Population
8,021
Households
1.4
Avg Household Size
38
Median Age
81%
College-Educated
96%
High-School Grad
1.5 sq mi
ZIP Area
7,750
Density / Sq Mi
$154,867
Median Household Income
$106,932
Median Earnings
$2,732
Median Rent
$653,600
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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office suite for sale with an existing tenant lease, where the tenant pays taxes under the lease terms.
Where is this office units located?
The property is located at 505 15th St Austin, TX.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Office suite built in 1984 with an existing tenant lease; Tenant pays taxes under the lease terms; Downtown central location with Walk Score of 98, Bike Score of 94, and Transit Score of 68
More about this property
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