Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2901 S Capital Of Texas Hwy Austin, TX 78746
    Back to Search
    Property profile & analytics

    2901 S Capital Of Texas Hwy Austin, TX 78746

    View on Map
    • Commercial real estate
    • 496,645 SF
    • 34.85 lot acres
    For Lease
    $30,825,000
    View Listing →
    Freestanding Restaurant Space at Barton Creek For Lease
    $30,825,000
    7,982 SF

    Freestanding Restaurant Space at Barton Creek

    Freestanding restaurant space for lease in Austin, Texas.

    2901 S Capital of Texas Hwy, Austin, TX
    View Listing
    Property ID
    US82-3956919
    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

    • Sears Appliance Repair / Home Appliance Store
    • JCPenney / Department Store
    • Hot Topic / Clothing Store / Fashion Accessories Store
    • Michael Kors / (Bike/Boat/Book/etc) Store
    • Janie and Jack / Clothing & Fashion Store

    Property Details for 2901 S Capital Of Texas Hwy

    Year built
    1980
    Construction
    CONCRETE
    Lot size
    34.85 lot acres
    Property size
    496,645 SF
    Property type
    Commercial real estate
    APN
    104160101
    APU
    104160101

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $49,230,000
      RETAIL STORES
      $47,865,000
      OFFICE BUILDING
      $47,385,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Austin
    County
    Travis
    State
    Texas
    Longitude
    -97.8064
    Latitude
    30.258
    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
    $0.00
    $15,180,660
    $159,142,340
    $174,323,000
    -
    $15,180,660
    $159,142,340
    $174,323,000

    Comparable in this City

    • Value Estimation by Request
      0.03 Acres

      20 Lk Trl

      COMMERCIAL (GENERAL) • 0.03 Acres
      20 Lk Trl, Austin, TX 78746
      View Details
    • Value Estimation by Request
      0.03 Acres

      26 Lk Trl

      COMMERCIAL (GENERAL) • 0.03 Acres
      26 Lk Trl, Austin, TX 78746
      View Details
    • Value Estimation
      $980,000
      5,999 SF

      2503 Westlake Dr

      COMMERCIAL (GENERAL) • 5,999 SF
      2503 Westlake Dr, Austin, TX 78746-2965
      View Details
    • Value Estimation by Request
      1,110 SF

      Spiller Ln

      COMMERCIAL (GENERAL) • 1,110 SF
      Spiller Ln, Austin, TX 78746
      View Details
    • Value Estimation
      $1,280,000
      8,208 SF

      2612 Lost Crk Blvd

      COMMERCIAL (GENERAL) • 8,208 SF
      2612 Lost Crk Blvd, Austin, TX 78746-7150
      View Details
    • Value Estimation by Request
      1,330 SF

      12809 New Sweden Church Rd

      COMMERCIAL (GENERAL) • 1,330 SF
      12809 New Sweden Church Rd, Austin, TX 78746
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      11,848 SF

      Westlake Hills Office Building

      High-visibility office building in Westlake Hills near retail.
      1101 S Capital Of Texas Hwy, Austin, TX 78746
      View Details
    • Contact for pricing

      Land Near Dimensional Fund Building

      Land available next to Dimensional Fund Building in Austin, Texas.
      412 S Capital Of Texas Hwy, Austin, TX 78746
      View Details
    • Contact for pricing
      41,911 SF

      West Austin Multi-Tenant Office

      Well-maintained, fully leased office building with future owner-user potential.
      11612 Bee Caves Rd, Austin, TX 78746
      View Details
    • Contact for pricing
      12,280 SF

      Office Space with Downtown Views

      Office building featuring downtown views, covered parking, and shared amenities.
      3321 Bee Caves Rd, Austin, TX 78746
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Premium Austin Office Space Available

      Ideally situated office space with premium amenities and flexible options.
      901 Mopac Expy Southbuilduing 1 -, Austin, TX 78746
      View Details
    • Contact for pricing

      Office Space with Hill Country Views

      Office space in Southwest Business Corridor with Texas Hill Country views.
      500 N Capital Of Texas Hwy, Austin, TX 78746
      View Details
    • Contact for pricing

      Office Building Lease Opportunity

      Full building lease opportunity in West Lake Hills, Texas.
      1122 S Capital Of Texas Hwy, West Lake Hills, TX 78746
      View Details
    • Contact for pricing
      15,287 SF

      Office Space Near Zilker Park

      Office space with easy access to downtown and Zilker Park.
      2500 Bee Caves Rd, Austin, TX 78746
      View Details
    • $43 SF/Yr
      4,147 SF

      Office Space Available For Rent

      Office space available for lease, approximately 4,147 square feet.
      3801 North Capital Of Texas Hwy, Austin, TX 78746
      View Details
    • Contact for pricing
      1,987 SF

      Medical Office Sublease Available

      Sublease medical office space in pristine condition.
      3801 Long Champ Dr, Austin, TX 78746
      View Details

    Property Visit Statistics

    • Visits by month
      98.6k
    • Visitors by month
      84.9k
    • Avg Time on site
      36 min
    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.
    2901 S Capital Of Texas Hwy
    Austin, TX 78746
    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
    2901 S Capital Of Texas Hwy, Austin, TX, 78746
    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!