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    1101 Capital Of Texas Hwy Austin, TX 78746

    • Office Properties & Spaces
    • 12,551 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Murfee Engineering Co Inc / Engineer
    • DCS Engineering, LLC / Engineering Consultant
    • Austin Relationship Repair Shop LTD., LLP / Counselor / Family Counselor
    • Susan B. Long, LCSW / Social Worker
    • Austin Integrative Spine, Dr. Marcella Madera / Neurosurgeon

    Property Details for 1101 Capital Of Texas Hwy

    Year built
    1984
    Property size
    12,551 SF
    Property type
    Office Properties & Spaces

    Description

    This exceptional executive office building, situated at 1101 South Capital of Texas Highway in Austin, Texas, offers a prime location in the Southwest submarket of Travis County. Built in 1984, the 12,551 square foot freestanding building boasts a park-like setting, providing a tranquil and professional atmosphere. The property features multiple tenancies, with seven suites currently available, ranging in size from a minimum of 2,616 square feet to a maximum contiguous space of 3,856 square feet. A total of 13,617 square feet is currently vacant, presenting a significant opportunity for businesses seeking flexible and modern office space. Ample parking is available, with a ratio of 4.55 spaces per 1,000 rentable square feet. The building's convenient location along Highway 360, just south of Bee Cave Road, ensures easy access to major transportation routes and surrounding amenities. This property is ideal for businesses seeking a prestigious address in a thriving Austin submarket. The zip code is 78746.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.8244
    Latitude
    30.2854

    Comparable in this City

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    • Value Estimation
      $960,000
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      3003 Bee Caves Rd Ste, Unit 100

      CONDOMINIUM OFFICES • 47,005 SF
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    • Value Estimation
      $460,000
      9,296 SF

      1001 Capital Of Texas Hwyl-1

      CONDOMINIUM OFFICES • 9,296 SF
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    • Value Estimation
      $400,000
      5,934 SF

      1101 Capital Of Texas Hwyg2

      CONDOMINIUM OFFICES • 5,934 SF
      1101 Capital Of Texas Hwyg2, West Lake Hills, TX 78746-6445
      View Details
    • Value Estimation
      $340,000
      1,805 SF

      1301 Capital Of Texas Hwy6-a-1

      CONDOMINIUM OFFICES • 1,805 SF
      1301 Capital Of Texas Hwy6-a-1, West Lake Hills, TX 78746-6574
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,524 SF

      West Lake Hills Office Building

      Office building in Westlake/Bee Cave area, ideal for owner/user.
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      View Details
    • Contact for pricing
      11,848 SF

      Westlake Hills Office Building

      High-visibility office building in Westlake Hills near retail.
      1101 S Capital Of Texas Hwy, Austin, TX 78746
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    • $1,290,300
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      Renovated Office Space with Views

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    • $8,500,000

      West Lake Hills Office Building

      Class A office space in West Lake Hills.
      7000 Bee Caves Rd, Austin, TX 78746
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    • Contact for pricing
      41,911 SF

      West Austin Multi-Tenant Office

      Well-maintained, fully leased office building with future owner-user potential.
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    • $1,465,000
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      Southwest Austin Office Opportunity

      Office space along Loop 360 with reserved parking.
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    Similar Nearby for Lease

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      West Lake Hills Office Suites for Lease

      Premium Austin office space, flexible layouts.
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    Austin, TX 78746
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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