Positioned on 2.78 acres with strong frontage along Highway 290, this investment property offers a compelling opportunity for both owner-users and investors seeking growth potential in the path of development between Austin and Dripping Springs. The site features a well-maintained 4,227 SF two-story office building comprised of 11 individual suites, complemented by a 1,152 SF garage structure that has been converted into 3 Office suites and 1 Garage spot for the owner, located at the rear of the property. Currently operating at approximately 70% occupancy, the asset provides immediate cash flow with additional upside through lease-up and future development. The property also benefits from supplementary income generated through an annual sign lease and ground lease. Located outside the city ETJ, the tract allows flexibility for expansion, with ample room to construct additional buildings to maximize returns in this high-demand corridor.
Features of 10200 Highway 290 Highway W
MLS® #
3032178
Price
$1,949,000
Bathrooms
0.00
Acres
2.78
Year Built
1999
Type
Commercial
Sub-Type
Office
Status
Active
Has Pool
No
Water Feature/View
View
Hills
Is Waterfront
No
Community Information: Austin
Address
10200 Highway 290 Highway W
Area
W
Subdivision
Scenic Brook Estates Sec 2 Re-
City
Austin
County
Travis
State
TX
Zip Code
78736
Amenities of 10200 Highway 290 Highway W
Utilities
Cable Available, Electricity Connected, High Speed Internet Available, Propane, Phone Available, Sewer Connected, Water Connected
Additional Information On 10200 Highway 290 Highway W
Days on Market
192
Foreclosure
No
Short Sale
No
RE / Bank Owned
No
Gated Community
No
Property History
Price Reduced from $2,200,000 to $1,949,000
The 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. Listing Data Provided By: Stanberry REALTORS(512) 894-3488. Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from September 21st, 2026 at 6:31pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. All information provided is deemed reliable but is not guaranteed and should be independently verified.
