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$5,713,339

1112 W Ben White Blvd, Austin, TX, 78704

Off MarketInfo
CommercialInfo
Baths26,594 Sq Ft
OfficeOffice
Year BuiltBuilt in 1982

Highlights

Interior

FlooringConcrete

Exterior

Lot Size1.66 acres

Building Information

Year Built1982
Stories3

Land Information

APN04080808070000
Lot Number1
SubdivisionOne Park Place Ii
Land UseCommercial
Legal DescriptionLOT 1 LESS S 92.15'AV ONE PARK PLACE II
Census Tract002006
Assessed Land Value$5,423,175
Assessed Improvement Value$290,164
Assessment Year2025

About this property

"Where Visibility Meets Opportunity – Your Rare Business Address Awaits", an unmissable presence for brand exposure on a Major high-traffic volume highway in a highly visible location on Ben White Blvd./Highway 71, a Major east-west connectivity corridor in the heart of Austin! Strategically located in the South Austin Submarket of Austin’s MSA, only a few miles from the pulsating downtown district, vibrant SOCO, the ever-evolving South Lamar District, the anticipated $1B Brodie Oaks Redevelopment project, and being just 8 miles from ABIA, One Park Place is a magnet for businesses keen on tapping into Austin's younger, more affluent, and increasing Gen Z workforce in the 04' zip code, and surrounding area. This understated, oak-covered lot showcases a 26,594 sq ft office building with over $1.5 million invested in recent upgrades/renovations in an entirely new HVAC system, electrical work throughout, new duct installation, a new Water Sys. Config. for optimal efficiency, a new roof, interior upgrades, & a brand new BAS system for centralized control. The Seller thoughtfully renovated the building, leaving room for value-add enhancements and easy buildouts utilizing the naturally-illuminated open-concept layout, elevated 10’-12’ ceilings, removal of flooring down to the concrete sub-floor, and favorable floor plans, to easily increase value & cash flow with minimal upfront costs. The flexibility and adaptability of the blank canvas space in general, and the Limited Office (LO) Zoning designation within the thriving area of 78704 would unquestionably solicit any Owner/Occupant, Medical Office Space utility (right across from the St. David’s South Medical Complex), a Surgery Center/Ambulatory Clinic, any new or existing business seeking massive Brand exposure through high-visibility marketing, an Investor looking for value in a rebounding sector, a multi-tenant play, or any business that benefits from the unparalleled building signage opportunity on multiple sides.

Investor Tools

Property Icon
$5,713,339
Estimated Property Value
$4,400,000Estimated Mortgage Balance
$1,384,248Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$47,970 /month
Positive
Cash Flow Estimate:
$15,990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$11,802/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$113,059
$5,713,339
2025
$5,423,175
$290,164
$5,713,339
No

Tax History

Year
Tax Paid
Assessed Value
2024
$113,059
$5,713,339

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Horizon Bank Ssb
Building Or Construction Loan
$4,400,000
No
First
Jun 27, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$4,335,645
$1,377,694
24%
76%
$26,381/mo

Learn About the Market: Opportunity in Austin

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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.

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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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1112 W Ben White Blvd | Property Details | No Agent List