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Property profile & analytics
OFF-MARKET Estimated value $645,000
Office Spaces

5101 Hidden Crk Ln Spicewood, TX 78669-6951

3,246 SF 3.54 ac lot Built 2008
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-4725582
Property summary
AI-generated overview

This exceptional office building, situated on a spacious 3.54-acre lot in the desirable Spicewood, TX location, presents a unique investment opportunity. The property boasts approximately 16,179 square feet of high-quality office space, meticulously finished with premium materials. Features include attractive pavers in the parking lot, a convenient covered parking structure, and elegant stained wood baseboards throughout. The building's design incorporates a first-floor laboratory and HVAC warehouse, complete with a convenient grade-level loading door, catering to a variety of business needs. Beyond the existing structure, the expansive lot offers significant potential for future development. There is ample space to construct an additional building of approximately 16,000 square feet, providing significant expansion opportunities for a growing business or the potential for additional rental income. This property represents a rare combination of existing high-end office space and substantial future development potential in a prime Spicewood location. The property's superior finishes and strategic location make it an ideal investment for discerning buyers seeking a sophisticated and versatile commercial property. The combination of existing space and development potential makes this a truly exceptional opportunity.

Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 2008
Total area 3,246 SF
Lot 3.54 ac (154,202 SF)
APN 134961318
UPID US82-4725582
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$640k
CAP Approach CAP
by Request
Comparable Approach Comparable
$649k
Blend (final) Blend
$645k
Owner & transaction history
Hill Country Convenience & Petroleu · 1 yrs held
Hill Country Convenience & Petroleu
since 2025
4 recorded transactions
2025
Price N/A
2018
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $460,000 +26.7%
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