Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3500 Hyridge Dr Austin, TX 78759-7517
    Back to Search
    Property profile & analytics

    3500 Hyridge Dr, Austin, TX 78759-7517

    View on Map
    • Day care centers
    • 7,800 SF
    • 0.80 lot acres
    Off-Market
    Last Sale Aug 13, 2020
    Property ID
    US82-0555016
    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

    • Chabad Center-Jewish Living / Church / Mosque
    • Tamim Academy Hebrew Preparatory School / High School / Vocational School
    • Bais Menachem Hebrew Academy / Religious School
    • Aleph Bet Preschool / High School / Daycare Center
    • Chabad of Austin / Church / Mosque

    Property Details for 3500 Hyridge Dr

    Year built
    2021
    Construction
    CONCRETE
    Lot size
    0.80 lot acres
    Property type
    Day care centers
    APN
    246020516
    APU
    246020516

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 13, 2020 — Chabad Of Austin INC Mopac Auto Service INC Venders Lien $2M · Ael Capital LLC
    Jun 1, 2018 — Mopac Auto Service Sinc Corporation — Deed · related $465k · Independent Bank
    — — Mopac Auto Service INC — Deed Of Trust · related $599k · Ironstone Bank
    — — Mopac Auto Service INC — Deed Of Trust · related $80k · Ironstone Bank
    — — Mopac Auto Service INC — Deed Of Trust · related $599k · Independent Bank

    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
    -97.7408
    Latitude
    30.3748
    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
    $1,916,640
    $669,043
    $2,585,683
    -
    $1,916,640
    $669,043
    $2,585,683

    Comparable in this City

    • Value Estimation
      $2,275,000
      143,795 SF

      10000 Research Blvd

      DAY CARE, PRE-SCHOOL
      10000 Research Blvd, Austin, TX 78759-5854
      View Details
    • Value Estimation by Request
      3,976 SF

      11100 Jollyville Rd

      DAY CARE, PRE-SCHOOL
      11100 Jollyville Rd, Austin, TX 78759
      View Details
    • Value Estimation
      $1,165,000
      47,707 SF

      9910 Stonelake Blvd

      DAY CARE, PRE-SCHOOL
      9910 Stonelake Blvd, Austin, TX 78759-6530
      View Details
    • Value Estimation by Request
      10,909 SF

      11713 Jollyville Rd

      DAY CARE, PRE-SCHOOL
      11713 Jollyville Rd, Austin, TX 78759-3936
      View Details
    • Value Estimation
      $670,000
      17,032 SF

      11750 Research Blvd

      DAY CARE, PRE-SCHOOL
      11750 Research Blvd, Austin, TX 78759-2446
      View Details
    • Value Estimation by Request
      11,103 SF

      11514 Research Blvd

      DAY CARE, PRE-SCHOOL
      11514 Research Blvd, Austin, TX 78759-4036
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      850 SF

      Professional Office Investment Opportunity

      Low-maintenance office unit with stable income potential.
      13740 State Highway 183, Austin, TX 78759
      View Details
    • Contact for pricing
      3,650 SF

      Austin Retail Investment Opportunity

      NNN property with long-term leases and high traffic counts.
      11643 Research Blvd, Austin, TX 78759
      View Details
    • Contact for pricing
      6,160 SF

      Prime Commercial Land For Sale

      0.595 acres with improvements, great access and visibility.
      12732 Research Blvd, Austin, TX 78759
      View Details
    • Contact for pricing

      Neighborhood Shopping Center For Sale

      Neighborhood shopping center with diverse tenant base in high-traffic location.
      8650 Spicewood Springs Rd, Austin, TX 78759
      View Details
    • $1,300,000
      1,126 SF

      Jollyville Road Commercial Conversion Opportunity

      Large flat lot with possibilities on Jollyville Road.
      9077 Jollyville Rd, Austin, TX 78759
      View Details
    • Contact for pricing
      34,432 SF

      Renovated Office Building For Sale

      Newly renovated office building with convenient highway access.
      9015 Mountain Ridge Dr, Austin, TX 78759
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Arboretum Great Hills

      Discover many ways to work your way in Arboretum Great Hills
      9600 Great Hills Trl, Austin, TX 78759
      View Details
    • Contact for pricing

      Arboretum Plaza

      Discover many ways to work your way in Arboretum Plaza
      9442 Plz 1, Austin, TX 78759
      View Details
    • Contact for pricing

      Versatile Commercial Space Available

      Office and retail space for rent near major highways.
      13740 Research Blvd, Austin, TX 78759
      View Details
    • Contact for pricing

      Class A Office Space

      Class A office space with high parking ratio.
      8611 N Mo Pac Expy, Austin, TX 78759
      View Details
    • Contact for pricing
      6,000 SF

      Retail Space with High Visibility

      Prime retail space in top Austin trade area near Mopac.
      3612 Tudor Blvd, Austin, TX 78759
      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.
    3500 Hyridge Dr
    Austin, TX 78759-7517
    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
    3500 Hyridge Dr, Austin, TX, 78759
    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!