2117 Shoalmont DR
About This Property
Discover an exceptional opportunity to own a turnkey Limited Office (LO) zoned property in one of Central Austin's most walkable and connected neighborhoods. Perfect for a "live-work" setup, creative office, or boutique professional practice, this updated mid-century cottage blends timeless Austin charm with modern capability-and comes fully furnished, ready for immediate occupancy.
Just steps from Burnet Road's acclaimed restaurants, coffee shops, and local favorites, and only minutes to Downtown Austin, UT, and The Domain, this address offers unmatched accessibility with neighborhood character and calm.
Inside, you'll find approximately 1,145 sq. ft. of flexible space designed for productivity and comfort:
Two private offices (or bedrooms)
Conference or staff room
Large open work/lounge area
Kitchenette with quartz counters and open shelving
Two full bathrooms
Storage and utility area
The layout easily adapts for either professional or residential use, featuring original hardwood and concrete flooring, abundant natural light, and upgraded connectivity including Cat7 ethernet and fiber (AT&T and Google). Step outside to a fully fenced backyard with a light-strung pergola and covered lounge-ideal for meetings, breaks, or entertaining. The covered carport and generous street parking enhance day-to-day ease. Recent improvements include a standing seam metal roof (2006), window replacement (2005), and new HVAC compressor (2022).
Whether you're seeking a furnished office, a live-work hub, or a distinctive Austin retreat, 2117 Shoalmont Drive delivers versatility, design, and location in one turnkey package.
Location Description
Centrally located just steps from Burnet Road's restaurants, coffee shops, and local favorites-and within minutes to Downtown, UT, and The Domain-this property offers unbeatable access while maintaining neighborhood tranquility.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 22, 2026 | In contract | - | |
| In contract | |||
| Feb 25, 2026 | Price Decreased |
$699,000
↓ $31K
(4.2%) | |
| Price Decreased | |||
| Jan 14, 2026 | Listed by Compass RE Texas, LLC | $729,900 | |
| Listed by Compass RE Texas, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017