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$2,187,119

1027 E Riverside Dr, Austin, TX, 78704

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths1,858 Sq Ft
OfficeOffice
Year BuiltBuilt in 1924

Highlights

Interior

Bathrooms 0Bathrooms 0
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size18,012 sqft

Building Information

Year Built1924
Stories1
Roof Type105

Land Information

APN03010407090000
Lot Number13-15
SubdivisionTravis Heights
Land UseCommercial
Legal DescriptionLOT 13-15 *LESS NE10FT BLK 28 TRAVIS HEIGHTS
Census Tract001402
Assessed Land Value$2,187,119
Assessment Year2025

About this property

Location, Location, Location!!! Office located on .41 of an acre on Riverside one block away from I35. Urban Rail proposed to travel on Riverside. Charming 1924 building was probably originally a home. Well cared for. Great space with 8+ offices and 8 parking spaces. This is a one of a kind property.Restrictions: Yes

Investor Tools

Property Icon
$2,187,119
Estimated Property Value
$1,114,000Estimated Mortgage Balance
$1,081,198Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,123 /month
Positive
Cash Flow Estimate:
$4,374 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,104/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$38,308
$2,187,119
2025
$2,187,119
N/A
$2,187,119
No

Tax History

Year
Tax Paid
Assessed Value
2024
$38,308
$2,187,119

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Capital Bank Na
Commercial
$1,114,000
No
First
Dec 10, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,105,921
$1,081,198
49%
51%
$6,679/mo

Learn About the Market: Opportunity in Austin

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Explore

Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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1027 E Riverside Dr | Property Details | No Agent List