Austin TX Real Estate & Commercial for Sale

The Linden is a limited collection of 117 luxury residences in a 30 story tower in the heart of the Arts District in Downtown Austin. The Ground floor retail space services the full time residences as well as the day time users in this vastly expanding neighborhood. Physically rooted near the iconic Capitol Corridor, the property is strategically located at the intersection of the adjacent arts and medical districts, The University of Texas at Austin, the traditional Central Business District (CBD), the new Texas Mall & Waterloo Park as well as the world-renowned Blanton Museum of Art. With an estimated late 2023 / early 2024 completion, this will be the first new, luxury tower overlooking the Texas State Capitol.

NOI of $443,380 and 13.46% cap rate is pro forma based on Jan 1st, 2031 starting lease term at $70/ft after the current lease expires in Dec 2030. This is an incredible opportunity to acquire a property in CBD, Austin, TX. This 6334 sq foot property is currently home to the Kingdom Nightclub. The current lease is Very low under market as it was done during the Covid pandemic, with a current lease at $40,236 base yearly rent NNN with 4% annual increases until Dec 31st, 2030. Market rents for this asset are at $70 per foot which would be close to a 13.5% cap rate at the current asking price.While current rents are low, for 6.5 more years, the property is priced at an incredible $520/sq.foot for the building and $556.20/ sq ft for the land. Market Land Value in this area is in the $5K to $10K per foot so this property is priced down by a factor of 10 based on the market land value. The average price per foot for improvements in the area is $1500 to $2500 per foot. The property has incredible future cash flow and redevelopment potential. Acquiring a property in Austin CBD a this price level is extremely rare and this is a tremendous opportunity for an end user or developer. one block away, the historic 6th St. revitalization project is underway.Conclusion: The property is not suitable for an owner-occupant as the current low lease term does not expire until Dec 2030. However, the property is listed at a steep discount by a factor of 10+, this property is the best investment option in Austin if you are willing to wait for the investment to mature by 203 once the low lease expires. With the 6th St. revitalization project on the way, 6 years from now this property will be worth even more.While current rents are low, the property is priced at an incredible $520/sq.foot which is well below the average for the area. The property has incredible future cash flow and redevelopment potential. Acquiring a property in Austin CBD a this price level is extremely rare

This 118-year-old historic residence was once the private home of Gov. Joseph and Orline Walter Sayers - now known as the Sayers House. As envisioned by Page Brothers Architects, this architectural masterpiece is a testament to a bygone era: original fireplaces, windows, flooring and woodwork preserve the touch of Orline Walter Sayers, noted hostess of Austin, while discreet updates offer modern convenience. Beyond its historical allure, this property's mixed-use zoning opens a world of potential uses. The 6,872-square-foot property is currently converted into separate apartments. The first floor is wheelchair accessible with two full bathrooms, ensuring ADA compliance if public use is desired. In the attic apartment, a unique piece of history awaits, with a fireplace designed in Masonic iconography"a legacy of Gov. Joseph Sayers' association with the Masons. Imagine the many possible uses of this historic and flexible space, from boutique art gallery to an intimate bed-and-breakfast, or even a unique event space that combines historical charm with modern convenience in Downtown Austin. Nearby amenities include the Texas Capitol, Travis County Court House, Whole Foods, Trader Joe's, Lady Bird Lake Trails, and the vibrant W 6th entertainment district. Come visit this exceptional residence where history, updates and unique features converge, and where mixed-use zoning offers opportunities for your vision to flourish.

This historic gem located at 805 Congress Avenue is not just a home, it's an architectural masterpiece steeped in rich history and endless possibilities. Prepare to be captivated by this four-story building that seamlessly blends old-world charm with modern luxury. With a sprawling 14,025 sqft of living and entertainment space spread across the top three floors, the opportunities are truly limitless. As you step inside, you'll find yourself transported to a world of endless entertainment possibilities. The second floor is an entertainer's dream, boasting an expansive entertainment hall complete with a commercial kitchen, stage, bathrooms, and additional rooms perfect for hosting unforgettable gatherings or even launching your own creative venture. As you ascend to the third floor, prepare to be greeted by a living space that exudes unparalleled comfort and style. This is the heart of the home, featuring two lavish bedrooms, a state-of-the-art home theater, a gourmet kitchen fit for a culinary enthusiast, and a spacious dining and living area designed for luxurious relaxation. This floor effortlessly combines modern amenities with the charm of yesteryear. But the crown jewel awaits you on the top floor a captivating owner's suite that offers a true sanctuary away from the world. This private retreat encompasses a generously sized bedroom, a sophisticated living room, a Hollywood bath that exudes opulence, a gym to keep you in peak shape, and not one, but two outside areas both front and rear. Step out onto the large front balcony, complete with a cozy fireplace and a fully equipped kitchenette, and soak in the breathtaking views of Congress Avenue and the iconic Capitol building. Location, they say, is everything and this home certainly has that in abundance. Situated just two blocks away from the majestic Texas State Capitol, you'll find yourself at the heart of the city's vibrant energy, surrounded by the very best that Austin has to offer.

Location, location! This charming central Austin Victorian office building features a combination of large/small offices, work areas, updated restrooms conference rooms and more. Functionality perfectly suitable for many office users, inclusive of law firms, lobbyists, design/interior groups, architects, title companies and other professional services companies. Only minutes' walk to University of Texas, Downtown, Capitol, Court House, and other nearby commercial amenities.Highlights Include:Architecturally inviting" Wood floors" High ceilings with an abundance of windows and natural lighting" Functional floor plan" Exclusive parking in back lot and ample street parking

Awesome central location is walking distance to New Courthouse, Texas Capitol complex, University of Texas, hotels, restaurants, Dell Medical School/Hospital, Texas History and Blanton Art museums and Austin's thriving downtown. ?Original limestone building circa 1900s includes a thoughtful addition by Austin architect David Shiflet with 2 floors of light filled office space. There are three entrances to the building that could work well for separate businesses. The front original building includes a reception area with hardwood floors, two separate offices and a clever hidden wall of storage. The upstairs addition area offers a large open space and 3 separate smaller offices. Downstairs has a large open area with a wall of windows and three smaller offices. Building also includes a small kitchen and 2 bathrooms (one with shower.) Zoned General Office with 5 onsite parking spaces. Public and private parking garages nearby may be available for additional contract parking.