Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    8601 Hwy 290 Austin, TX 78724-2409
    Back to Search
    Property profile & analytics

    8601 Hwy 290, Austin, TX 78724-2409

    View on Map
    • Commercial real estate
    • 0.07 lot acres
    Off-Market
    Last Sale Jan 26, 2024
    Property ID
    US82-6592686
    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

    • Commercial real estate

    Property Details for 8601 Hwy 290

    Lot size
    0.07 lot acres
    Property type
    Commercial real estate
    APN
    229280313
    APU
    229280313

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 26, 2024 — Marta Karpan Mattox 1825 Fortview INC Deed Of Distribution —
    Aug 9, 2011 — 1825 Fortview INC Kemco Properties Warranty Deed —

    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
    -97.6601
    Latitude
    30.3275
    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
    $317
    $15,555
    $0.00
    $15,555
    -
    $15,555
    $0.00
    $15,555

    Comparable in this City

    • Value Estimation by Request
      30.66 Acres

      15512 Fm 969

      Land
      15512 Fm 969, Austin, TX 78724
      View Details
    • Value Estimation by Request
      18.51 Acres

      Decker Ln

      COMMERCIAL (GENERAL)
      Decker Ln, Austin, TX 78724
      View Details
    • Value Estimation by Request
      0.43 Acres

      Blue Blf Rd

      COMMERCIAL (GENERAL)
      Blue Blf Rd, Austin, TX 78724
      View Details
    • Value Estimation by Request
      11.49 Acres

      5701 Johnny Morris Rd

      COMMERCIAL (GENERAL)
      5701 Johnny Morris Rd, Austin, TX 78724-5424
      View Details
    • Value Estimation
      $3,565,000
      171,784 SF

      9700 Hwy 290

      COMMERCIAL (GENERAL)
      9700 Hwy 290, Austin, TX 78724-1102
      View Details
    • Value Estimation by Request
      3,000 SF

      3500 Andtree Blvd

      COMMERCIAL (GENERAL)
      3500 Andtree Blvd, Austin, TX 78724-2504
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      Pending

      Central Austin Industrial Building For Sale

      Functional industrial space with logistical advantages in central Austin.
      4909 Commercial Park Dr, Austin, TX 78724
      View Details
    • Contact for pricing

      Austin Land Development Opportunity

      4.1-acre land development site near Tesla Gigafactory.
      8101 Fm 973, Austin, TX 78724
      View Details
    • Contact for pricing

      Prime Land Near Tesla Gigafactory

      2.23-7.2 acre land parcel near Tesla, Austin, TX.
      13400 Fm 969, Austin, TX 78724
      View Details
    • $580,000

      Austin Specialty Property For Sale

      Specialty property available for purchase in Austin, Texas.
      5200 Purple Sage Dr, Austin, TX 78724
      View Details
    • Contact for pricing
      5,445 SF

      Austin FM 969 Acreage Opportunity

      2.61 acres with 5,445 SF building and outdoor storage.
      8700 Fm 969, Austin, TX 78724
      View Details
    • Contact for pricing
      4,000 SF

      Warehouse with Yard For Sale

      4,000 SF warehouse with yard, excellent location.
      3414 Duke Rd, Austin, TX 78724
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Warehouse/Industrial Space Available For Lease

      Warehouse/Industrial property available for lease at 12704 FM 969.
      12704 Fm 969, Austin, TX 78724
      View Details
    • Contact for pricing
      4 SF

      Land for Lease in Austin

      4-acre land available for lease near downtown Austin.
      6422 Farm To Market 969, Austin, TX 78724
      View Details
    • Contact for pricing
      40,675 SF

      Office Warehouse Space Available

      40,675 square foot office warehouse available for lease.
      6106 Baldwin Dr, Austin, TX 78724
      View Details
    • Contact for pricing
      54,994 SF

      Premier Industrial Facility in Austin

      54,994 SF light industrial facility for manufacturing, warehousing, distribution.
      4806 Commercial Park Dr, Austin, TX 78724
      View Details
    • Contact for pricing
      8,700 SF

      Retail Space For Lease

      Retail space available for lease near Tesla factory.
      6204-1/2 Fm 969, Austin, TX 78724
      View Details
    • Contact for pricing
      2,400 SF

      Versatile Manufacturing/Warehouse Facility in Austin

      Dual-building industrial complex in East Austin with flexible occupancy options.
      8109 Altoga Dr, Austin, TX 78724
      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.
    8601 Hwy 290
    Austin, TX 78724-2409
    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
    8601 Hwy 290, Austin, TX, 78724
    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!