1911 Hydro DrAustin, TX 78728

Property Details for 1911 Hydro Dr

Year built

1998

Construction

STEEL FRAME

Lot size

0.37 AC

Property size (Sq ft)

4,560 SF

Property type

Industrial properties

Property subtype

Other warehouses

APN

268200321

APU

268200321

Description

This Austin, Texas warehouse presents a compelling value-add investment or owner-user opportunity. Located at 1911 Hydro Dr, in Travis County, zip code 78728, this single-story, 4,500-square-foot building sits on a 0.37-acre lot. Built and renovated in 1998, the property boasts a 24-foot ceiling height and is currently vacant. The ETJ zoning allows for diverse uses, making it ideal for various businesses, including construction services (roofing, plumbing, electrical, HVAC, pest control), or a small manufacturing/fabrication shop. The asking price is $1,000,000, translating to $222.22 per square foot. The pro-forma net operating income (NOI) is $72,000, yielding a 7.20% pro-forma capitalization rate. This is a single-unit property within the Austin MSA. The property's functionality and flexibility, combined with its location and attractive financial metrics, make it a strong contender in the Austin industrial market.

• Alternative Use

  Use

  Valuation

  Residential

  $1,659,680

  Hospitality

  $1,520,258

  Educational

  $1,264,837

  Medical

  $1,308,337

  Retail

  $1,967,524

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.4307

Longitude

-97.6827

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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