12006 Us-290 Austin, TX 78737
This exceptional mixed-use property presents a unique investment opportunity in Austin, Texas. The 4,032 square foot building sits on a spacious 1.95-acre lot, currently operating as a thriving liquor store. Located at 12006 US-290 in Travis County, zip code 78737, this property enjoys a prime location less than half a mile from the new HEB at Nutty Brown Road, ensuring high visibility and convenient access. The property is connected to public water and power, and features a septic system designed to accommodate the entire lot. Importantly, the water treatment and detention pond infrastructure is already in place and sized appropriately for the entire 1.95 acres. The asking price is $1,900,000, translating to $471.23 per square foot. This property is zoned as Austin 5-Mile ETJ - No Zoning. The substantial lot size and existing infrastructure offer significant potential for future development or expansion, making this a compelling investment prospect in a rapidly growing area. The current liquor store operation provides immediate cash flow, while the expansive acreage allows for diverse future possibilities. This is a rare chance to acquire a well-situated, income-generating property with considerable upside potential in the thriving Austin market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.