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Renovated Downtown Office Building
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800 Brazos St, Austin, TX 78701

Renovated in 2023 with two lobbies, an on-site restaurant, and flexible office floor plans.

Property Size3,574 SF
Price / SF$300
Days on Market17

Property Features for 800 Brazos St

General Information

Standard status Active
Size 3,574 SF
Property subtype OFFICE

Amenities

two high-quality lobbies
on-site restaurant
on-site showers & lockers
bike storage
break room facility
break-out areas with shuffleboard table
24/7 HVAC service
exposed ceiling deck and HVAC duct-work

Building Details

Year Built 1949
Year Renovated 2023
Listing Agency: Equitable Commercial Realty (ECR)
Listed By: Sean Couey
Source: Moodyscre
Added: Jul 15 Changed: Jul 26 Last Checked: Jul 30 at 2:32PM

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 Equitable Commercial Realty (ECR)

Investment Insights

Based on property information with market context.

Built in 1949 and renovated in 2023, this downtown office building offers two high-quality lobbies and flexible floor plan options, including spec suites. Interior features include exposed ceiling deck and HVAC duct-work, along with high-end creative finishes designed for modern office use.

The property includes an on-site restaurant, break room and break-out areas with a shuffleboard table, and on-site showers and lockers. Amenities also include bike storage and 24/7 HVAC service. Parking rights are provided in the Capitol Tower Garage, located about a half block away.

With convenient access to major thoroughfares and a walkable setting, the building is approximately three blocks from the State of Texas Capitol Building and within walking distance to numerous restaurants and attractions.

Key Highlights

  • Built in 1949 and renovated in 2023
  • Two high‑quality lobbies
  • On‑site restaurant

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 $128.2k $35.88
− Vacancy −$31.2k −$8.72
EGI $97.1k $27.16
− OpEx −$24.3k −$6.79
NOI $72.8k $20.37
3,574 SF · lease $35.88/SF/yr · vacancy 24.30% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.04M
$910.1K – $1.21M (±1% cap)
NOI $72,805 @ 7.0% cap · market cap 6.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.40M
$1.23M – $1.63M (±1% cap)
NOI $98,037 @ 7.0% cap · market cap 9.14%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Com Netix Restaurant Dr. Robert Mccarver Dental Office Austin Luxury Tours Limousine Service Fletcher Law Office, ... Law Firm Araceli Flores Physician

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Pet Grooming Service Buffet Adult Day Care Fish Market

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

12,087
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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Renovated in 2023 with two lobbies, an on-site restaurant, and flexible office floor plans.
Where is this office units located?
The property is located at 800 Brazos St Austin, TX.
What is the asking price?
The asking price for this property is $1,072,200.
What are key features of this property?
This property features: Built in 1949 and renovated in 2023; Two high‑quality lobbies; On‑site restaurant
(512) 557-4754 Call to check price and availability
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