Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    11609 Anderson Ml Rd Austin, TX 78750-1354

    • Office buildings
    • 1,647 SF
    • 3.89 lot acres
    OFF-MARKET
    Value Estimations
    $325,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US83-3413543
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Karl Wilhelm Kurz / Health Care Facility / Pediatrician
    • Wildflower Pediatrics - Office of Dr. Courtney Dudley / Pediatrician / Doctor
    • Franchesca Estrada / Pediatrician / Practitioner Service Location
    • Rachael Lichtenberger / Pediatrician / Practitioner Service Location
    • Karl Kurz / Pediatrician

    Property Details for 11609 Anderson Ml Rd

    Year built
    1967
    Construction
    WOOD FRAME
    Lot size
    3.89 lot acres
    Property size
    1,647 SF
    Property type
    Office buildings
    APN
    175270312
    APU
    175270312

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $315,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $333,000
      Market price range: $61.1k - $337k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $205,000
      Current use
      COMMERCIAL (GENERAL)
      $270,000
      Change: +30% Conversion: Easy
      AUTO REPAIR, GARAGE
      $235,000
      Change: +14% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.8247
    Latitude
    30.453
    CBSA code
    12420
    CBSA name
    AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $20,079
    $999,736
    $117,452
    $1,117,188
    -
    $999,736
    $117,452
    $1,117,188

    Comparable in this City

    • Value Estimation
      $275,000
      2,744 SF

      10904 Pickfair Dr

      OFFICE BUILDING • 2,744 SF
      10904 Pickfair Dr, Austin, TX 78750-3704
      View Details
    • Value Estimation
      $720,000
      121,973 SF

      6433 Champion Grandview Way

      OFFICE BUILDING • 121,973 SF
      6433 Champion Grandview Way, Austin, TX 78750-8588
      View Details
    • Value Estimation
      $215,000
      2,354 SF

      11505 Anderson Ml Rd

      OFFICE BUILDING • 2,354 SF
      11505 Anderson Ml Rd, Austin, TX 78750-1923
      View Details
    • Value Estimation
      $1,035,000
      75,876 SF

      7016 Ribelin Rnch Rd

      OFFICE BUILDING • 75,876 SF
      7016 Ribelin Rnch Rd, Austin, TX 78750-8583
      View Details
    • Value Estimation by Request
      12,017 SF

      13785 Research Blvd

      Office space • 12,017 SF
      13785 Research Blvd, Austin, TX 78750
      View Details
    • Value Estimation
      $315,000
      2,110 SF

      9951 Anderson Ml Rd Ste, Unit 202

      CONDOMINIUM OFFICES • 2,110 SF
      9951 Anderson Ml Rd Ste, Austin, TX 78750-2279
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      20,784 SF

      Office and Retail Complex

      Two-story Class B office and retail complex in Balcones Village.
      9801 Anderson Mill Rd, Austin, TX 78750
      View Details
    • $291,772

      Established Office Park Investment Opportunity

      Office spaces suitable for owner-occupants, 1031 exchange, or investment.
      13740 N Hwy 183 Hwy, Austin, TX 78750
      View Details
    • Contact for pricing
      4,800 SF

      Fully Occupied Investment Opportunity

      4,800 SF office space with staggered lease terms.
      12801 Anderson Mill Rd, Austin, TX 78750
      View Details
    • Contact for pricing
      11,049 SF

      Highway Frontage Medical/Service Retail

      Retail asset leased to medical and service tenants.
      13616 Highway 183 N, Austin, TX 78750
      View Details
    • $720,000

      Prime Office Space Investment Opportunity

      Well-maintained office park near Hwy 183, excellent investment opportunity.
      13740 Research Blvd, Austin, TX 78750
      View Details
    • $175,000

      Professional Office Space Near I-35

      Well-maintained office with low taxes, convenient location, and minimal upkeep.
      13740 N Hwy 183 Blvd, Austin, TX 78750
      View Details

    Similar Nearby for Lease

    • $3,032,100
      8,780 SF

      Free-Standing Building Near SH 183

      Free-standing building with immediate highway access and private amenities.
      10601 Pecan Park Blvd, Austin, TX 78750
      View Details
    • $14 SF/Yr
      14,900 SF

      Hymeadow Executive Office Suite

      Austin Office Space For Lease
      12416 Hymeadow Dr, Austin, TX 78750
      View Details
    • $28 SF/Yr
      2,357 SF

      Arboretum Park Medical Office Space

      Austin Medical Office Suite Available
      9707 Anderson Mill Rd, Austin, TX 78750
      View Details
    • $3,495 /Mo

      Northwest Austin Office Space Available

      Office space featuring reception, offices, conference room, and break area.
      9951 Anderson Mill Rd, Austin, TX 78750
      View Details
    • $1,200 /Mo

      Hymeadow Business Park Office Space

      Office space for lease in Hymeadow Business Park.
      12325 Hymeadow Dr Bdg2 Dr, Austin, TX 78750
      View Details
    • $1,795 /Mo

      Hymeadow Business Park Office Space

      Office space with open layout, multiple offices, and kitchen.
      12325 Hymeadow Dr Bld 3 Dr, Austin, TX 78750
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11609 Anderson Ml Rd
    Austin, TX 78750-1354
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.