Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    1921 Lohmans Crossing Rd Austin, TX 78734
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1921 Lohmans Crossing Rd Austin, TX 78734

    View on Map
    • Office buildings
    • 30,240 SF
    • 3.19 lot acres
    For Lease
    $1,500,000
    View Listing →
    Two-Building Office Project For Rent For Lease
    $1,500,000
    6,950 SF

    Two-Building Office Project For Rent

    54,664 SF office project with Class A finish-out.

    1921 Lohmans Crossing Rd, Austin, TX
    View Listing
    Property ID
    US82-3691172
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Keller Williams Lake Travis Realty / Real Estate Agency
    • Keller Williams Realty / Real Estate Agency
    • Keller Williams Lake Travis - Lori Wakefield, REALTOR / Real Estate Agency
    • Rebecca Shahan Homes / Real Estate Agency
    • The Gibbs Team, Keller Williams Realty / Real Estate Agency

    Property Details for 1921 Lohmans Crossing Rd

    Year built
    2008
    Lot size
    3.19 lot acres
    Property size
    30,240 SF
    Property type
    Office buildings
    APN
    133761004
    APU
    133761004

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.9758
    Latitude
    30.3468
    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
    $140,595
    $1,000,937
    $6,226,132
    $7,227,069
    -
    $1,000,937
    $6,226,132
    $7,227,069

    Comparable in this City

    • Value Estimation
      $1,410,000
      26,412 SF

      1927 Lohmans Xing Rd

      OFFICE BUILDING • 26,412 SF
      1927 Lohmans Xing Rd, Austin, TX 78734-5239
      View Details
    • Value Estimation
      $1,385,000
      24,818 SF

      1008 Rnch Rd 620th S

      OFFICE BUILDING • 24,818 SF
      1008 Rnch Rd 620th S, Lakeway, TX 78734-5631
      View Details
    • Value Estimation by Request
      3,081 SF

      1401 O Reilly Ct

      OFFICE BUILDING • 3,081 SF
      1401 O Reilly Ct, Austin, TX 78734-2750
      View Details
    • Value Estimation by Request
      3,640 SF

      2213 Rnch Rd 620th N

      OFFICE BUILDING • 3,640 SF
      2213 Rnch Rd 620th N, Austin, TX 78734-2672
      View Details
    • Value Estimation by Request
      4,560 SF

      1003 Rnch Rd 620th S

      OFFICE BUILDING • 4,560 SF
      1003 Rnch Rd 620th S, Lakeway, TX 78734-5603
      View Details
    • Value Estimation by Request
      4,507 SF

      15100 Gebron Dr

      OFFICE BUILDING • 4,507 SF
      15100 Gebron Dr, Austin, TX 78734-6304
      View Details

    Similar Nearby for Sale

    • $3,700,000

      Prime Commercial Land Near Lake Travis

      Nearly 4-acre commercial property with highway frontage and lake views.
      3411 Ranch Road 620 N, Austin, TX 78734
      View Details
    • Contact for pricing
      5,000 SF

      Prime Commercial Highway Frontage Property

      Nearly 4-acre property with high visibility and income potential.
      3411 Ranch Road 620, Austin, TX 78734
      View Details
    • Contact for pricing
      1,855 SF

      Lake Travis View Mixed-Use Property

      Mixed-use property with expansive views near Lake Travis.
      15101 Foy Dr, Austin, TX 78734
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,877 SF

      Two-Building Office Project For Rent

      54,664 SF office project with Class A finish-out.
      1921 Lohmans Crossing Rd, Austin, TX 78734
      View Details
    • Contact for pricing
      4,853 SF

      Lakeway Office Space Available

      Office space for lease in Lakeway, Texas.
      1927 Lohmans Crossing Rd, Lakeway, TX 78734
      View Details
    • Contact for pricing
      8,827 SF

      Lakeway Office Space Available

      Office building with 8827 square feet available for rent.
      1921 Lohmans Crossing Rd, Lakeway, TX 78734
      View Details
    • Contact for pricing

      Lakeway Executive and Traditional Offices

      Executive and traditional offices for lease in Lakeway, Texas.
      1017 Ranch Road 620 S, Lakeway, TX 78734
      View Details
    • $22 SF/Yr

      Freestanding Office Space For Rent

      Small office space with easy access off Highway 620.
      3303 Rr 620 N, Austin, TX 78734
      View Details
    View Listing
    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.
    1921 Lohmans Crossing Rd
    Austin, TX 78734
    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.
    Sign Up Successful!
    You now have access to more from Realmo!