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    11754 Jollyville Rd Austin, TX 78759
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    Property profile & analytics

    11754 Jollyville Rd Austin, TX 78759

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    • Office buildings
    • 8,055 SF
    • 0.66 lot acres
    For Lease
    $20 SF/Yr
    View Listing →
    Office Space on Jollyville Road For Lease
    $20 SF/Yr
    906 SF

    Office Space on Jollyville Road

    Office space for lease with high visibility and strong demographics.

    11754 Jollyville Rd, Austin, TX
    View Listing
    Property ID
    US82-0772022
    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.
    Value Estimations
    $530,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Han Dong / Alternative Medicine Practice / Acupuncture
    • Tarragon Homes / Construction Company / General Contractor
    • LetsBoothIt / Party Supply Store / Rental Equipment Company
    • Joseph Prince / Marriage Or Relationship Counselor
    • The Timothy Center / Physician / Medical Clinic

    Property Details for 11754 Jollyville Rd

    Year built
    1980
    Lot size
    0.66 lot acres
    Property size
    8,055 SF
    Property type
    Office buildings
    APN
    162010408
    APU
    162010408

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $500,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $560,000
      Market price range: $181k - $1.32M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $825,000
      Current use
      RETAIL STORES
      $775,000
      Change: -6% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $665,000
      Change: -19% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.7536
    Latitude
    30.4201
    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
    $27,057
    $718,750
    $1,040,160
    $1,758,910
    -
    $718,750
    $1,040,160
    $1,758,910

    Comparable in this City

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      20,639 SF

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      OFFICE BUILDING • 20,639 SF
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      View Details
    • Value Estimation
      $3,565,000
      90,941 SF

      9737 Great Hls Trl

      OFFICE BUILDING • 90,941 SF
      9737 Great Hls Trl, Austin, TX 78759-6417
      View Details
    • Value Estimation
      $1,530,000
      19,655 SF

      11705 Research Blvd

      OFFICE BUILDING • 19,655 SF
      11705 Research Blvd, Austin, TX 78759-2445
      View Details
    • Value Estimation
      $2,090,000
      80,222 SF

      11149 Research Blvd

      OFFICE BUILDING • 80,222 SF
      11149 Research Blvd, Austin, TX 78759-5279
      View Details
    • Value Estimation
      $525,000
      6,324 SF

      12444 Research Blvd

      OFFICE BUILDING • 6,324 SF
      12444 Research Blvd, Austin, TX 78759-2326
      View Details
    • Value Estimation
      $6,985,000
      150,000 SF

      12007 Research Blvd

      OFFICE BUILDING • 150,000 SF
      12007 Research Blvd, Austin, TX 78759-2429
      View Details

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      1,384 SF

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      1,384 SF Office Suite in Prime Austin Location
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      Pristine 2,490 SF dental office on .70 acres.
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    • $385,000
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      Austin Office Suite - Prime Location

      724 sq ft office suite, ideal NW Hills location. Ample parking.
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      Spicewood Springs Office Building

      Office building with available suite in prime Austin location.
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      41,072 SF

      Northwest Austin Medical Office Asset

      41,072 SF medical/office building near The Domain.
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    Similar Nearby for Lease

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      Class A Office Space

      Class A office space with high parking ratio.
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      Class A Office Building

      Class A office building with excellent access and visibility.
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      1,699 SF

      Four-Story Office Building in Austin

      77,164 SF office building with structured parking garage.
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    • $15 SF/Yr
      1,384 SF

      Austin Office Space for Lease/Sale

      Prime Austin office space, 1,000-1,384 SF, available now.
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      View Details
    • Contact for pricing
      135,333 SF

      Class A Office Space Available

      Premier office space in Austin's thriving Great Hills Plaza.
      9600 Great Hills Trl, Austin, TX 78759
      View Details
    • Contact for pricing
      53,384 SF

      Office Space Available for Lease

      53,384 square feet of office space for rent.
      12301 Research Blvd, Austin, TX 78759
      View Details
    View Listing
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    11754 Jollyville Rd
    Austin, TX 78759
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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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