Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1305 34th St Austin, TX 78705-1923
    Back to Search
    Property profile & analytics

    1305 34th St Austin, TX 78705-1923

    View on Map
    • Medical Office Space
    • 32,174 SF
    • 0.48 lot acres
    Off-Market
    Property ID
    US82-4362716
    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
    $825,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Austin Doctor's Building / Medical Clinic
    • Dr. Furnell Lewis / Dental Office
    • Jennifer Lord / Physician
    • Emmanuel Lee, MD / Pediatrician / Physician
    • James Crawford Marroquin / Physician

    Property Details for 1305 34th St

    Year built
    1984
    Construction
    CONCRETE
    Lot size
    0.48 lot acres
    Property size
    32,174 SF
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    219010132
    APU
    219010132

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $715,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $936,000
      Market price range: $799k - $4.34M

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

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.7479
    Latitude
    30.3038
    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
    $94,551
    $2,084,500
    $1,809,834
    $3,894,334
    -
    $2,084,500
    $1,809,834
    $3,894,334

    Comparable in this City

    • Value Estimation
      $3,000,000
      70,185 SF

      1111 34th St

      MEDICAL BUILDING • 70,185 SF
      1111 34th St, Austin, TX 78705-1900
      View Details
    • Value Estimation
      $1,095,000
      23,660 SF

      720 34th St

      MEDICAL BUILDING • 23,660 SF
      720 34th St, Austin, TX 78705-1205
      View Details
    • Value Estimation
      $6,335,000
      63,848 SF

      911 38th St

      MEDICAL BUILDING • 63,848 SF
      911 38th St, Austin, TX 78705-1188
      View Details
    • Value Estimation
      $8,790,000
      83,100 SF

      901 38th St

      MEDICAL BUILDING • 83,100 SF
      901 38th St, Austin, TX 78705-1163
      View Details
    • Value Estimation by Request
      3,156 SF

      2911 Medical Arts St Ste, Unit 13

      MEDICAL BUILDING • 3,156 SF
      2911 Medical Arts St Ste, Austin, TX 78705-3302
      View Details
    • Value Estimation by Request
      2,400 SF

      715 34th St

      MEDICAL BUILDING • 2,400 SF
      715 34th St, Austin, TX 78705-1223
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,615 SF

      Guadalupe Street Commercial Property

      Commercial property suitable for retail, office, or restaurant uses.
      3404 Guadalupe St, Austin, TX 78705
      View Details
    • $4,250,000

      Historic Residence with Development Potential

      Historic property in West Campus with diverse development possibilities.
      2404 Rio Grande St, Austin, TX 78705
      View Details
    • $4,500,000
      3,812 SF

      Historic Austin Property with Development Potential

      Historic property in West Campus with development and investment opportunities.
      2404 Rio Grande St, Austin, TX 78705
      View Details
    • Contact for pricing

      Multifamily Investment Near UT Austin

      16-unit multifamily property near University of Texas at Austin.
      3107 Speedway, Austin, TX 78705
      View Details
    • Contact for pricing
      43,938 SF

      Austin Multifamily Townhome-Style Community

      57-unit, 2009-built townhomes near University of Texas campus.
      711 W 32Nd St, Austin, TX 78705
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Class A Medical Office Building

      Medical office building in Austin's central medical corridor.
      720 W 34Th St, Austin, TX 78705
      View Details
    • Contact for pricing
      1,288 SF

      Medical Office Space Available

      Dental office space for rent near the heart of Austin.
      2911 Medical Arts St, Austin, TX 78705
      View Details
    • $22 SF/Yr
      7,894 SF

      Austin Medical Office Space For Lease

      7,894 SF medical/surgical center; prime Austin location.
      630 West 34th St, Austin, TX 78705
      View Details
    • $26 SF/Yr
      2,244 SF

      Medical Office Space Near Seton

      Second generation clinic space near Seton Medical Center.
      1111 W 34Th St, Austin, TX 78705
      View Details
    • Contact for pricing
      2,361 SF

      Medical Office Space Available

      Premier medical location with strong demographics and easy access.
      3705 Medical Pkwy, Austin, TX 78705
      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.
    1305 34th St
    Austin, TX 78705-1923
    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

    Thank You for Inquiry
    1305 34th St, Austin, TX, 78705
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!