$1,795,000
●
Commercial -
Off Market
2500 W William Cannon DR #607
Austin, TX 78745
Studio
0 Bath
$10,867
Est. Monthly
About This Property
Wonderful investment for end user that could use some portion and
lease the rest of bldg to established longterm tenant(s).
Bldg hosts 12 offices, 3 executive offices, 2 conference rooms, large reception area, 2 kitchens, workroom, 3 programmable thermostats,2 (14) SEER HVAC systems, keyless touchpad entry, motion detecting light switches, IT storage room.
Bldg hosts 12 offices, 3 executive offices, 2 conference rooms, large reception area, 2 kitchens, workroom, 3 programmable thermostats,2 (14) SEER HVAC systems, keyless touchpad entry, motion detecting light switches, IT storage room.
Unit Size
-
Days on Market
-
Land Size
0.36 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$2,053
HOA Dues
-
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (Unlock MLS #ACT4098704)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 3, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Jun 30, 2024 | Relisted | $1,795,000 | |
| Relisted | |||
| Jun 21, 2024 | In contract | - | |
| In contract | |||
| Jun 7, 2024 | Price Decreased |
$1,795,000
↓ $5K
(0.3%) | |
| Price Decreased | |||
| Feb 20, 2024 | Listed by Austin Home Source | $1,800,000 | |
| Listed by Austin Home Source | |||
Property Highlights
Air Conditioning
Parking Details
Total Number of Parking: 15
Parking Features: None
Parking Ratio: 5.00
Interior Details
Flooring Type: Carpet, Concrete
Cooling: Central Air
Heating: Central
Exterior Details
Property Type: Commercial Sale
Property Sub Type: Office
Green Energy Efficient
Property Condition: Resale
Year Built: 2010
Year Built Source: Estimated
View Desription: None
Building Name: Stonegate 2 Office Condos
Construction Materials: None
Foundation: Slab
Building Area Total: 3852
Lot Size Acres: 0.3593
Lot Size Square Feet: 15651.11
Water Source: Public
Financial Details
Tax Year: 2023
Tax Annual Amount: $24,635
Utilities Details
Water Source: Public
Sewer : Public Sewer
Utilities For Property: Electricity Available, High Speed Internet, Phone Available
Location Details
Directions: Mopac South to William Cannon go East just past Westgate.
Other Details
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/20/2024
|
Loft
|
-
|
-
|
$1,800,000
Loft
-
|
-
-
|
John Sheppard
Austin Home Source
|
Building Info
2500 West William Cannon Drive
2500 West William Cannon Drive, Austin, TX 78745
About Garrison Park
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: John Sheppard
Listed Office: Austin Home Source - Listing courtesy of Unlock MLS
Phone: (512) 472-4663
Last Updated: 2024-07-03 06:02:56
Data Source: Unlock MLS, MLS# ACT4098704
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Austin Home Source - Listing courtesy of Unlock MLS
Phone: (512) 472-4663
Last Updated: 2024-07-03 06:02:56
Data Source: Unlock MLS, MLS# ACT4098704
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017