Property profile

260 Addie Roy Rd Austin, TX 78746

OFF-MARKET
Office buildings
Property ID
US82-4070320
31,652 SF 4 ac lot Built 1986
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

The Summit at Addie Roy, located at 260 Addie Roy Rd in Austin, TX 78746, offers 25,721 square feet of Class A executive office space in a two-story building. Currently fully vacant, this property provides a unique opportunity for a single tenant to occupy the entire space or multiple tenants to lease individual suites ranging from 3,070 to 22,651 contiguous square feet. A complete renovation is scheduled for completion by the first quarter of 2025, promising a modernized workspace. Each floor features outdoor patios or balconies, offering Hill Country views. The building's location at a lighted intersection of Bee Caves Road and Weston Lane ensures easy access and commutes. Situated in the affluent Barton Creek area, surrounded by nature preserves and high-end residential developments, this property benefits from its proximity to executives and decision-makers. The Summit at Addie Roy provides a blend of professional workspace and natural tranquility, fostering productivity and prosperity. This exceptional property presents a rare chance to establish a business in one of Austin's most desirable locations. The property is located in Travis County.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1986
Construction CONCRETE
Total area 31,652 SF
Lot 4 ac (174,371 SF)
APN 121280303
UPID US82-4070320

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Advertising Agency
  • Wellness Program
  • Corporate Office
  • Environmental Consultant
  • Consultant

Location

260 Addie Roy Rd Austin, TX 78746-4106
Austin metro Census 1912 AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$975k

Owner & transaction history

since 2022
6 recorded transactions
2026
Price N/A
2022
Price N/A
2019
Price N/A
2016
Price N/A
2004
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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