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Days1943Days on Market
Views1view

$999,000

2303 W Parmer Ln, Austin, TX, 78727

On MarketInfo
CommercialInfo
Baths1,684 Sq Ft
RetailRetail
price_per_sqft$593.23 / sqft
Year BuiltBuilt in 1973

Highlights

Interior

Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
FlooringSee Remarks

Exterior

Lot Size13,277 sqft

Building Information

Year Built1973
Stories1
Roof Type105

Land Information

APN02621610010000
Lot Number5-B
SubdivisionParmer Lane Heights Sec 1
Land UseCommercial
Legal DescriptionLOT 5-B *RESUB OF LT 1 BLK B PARMER LANE HEIGHTS SEC 1 LESS .0562A(INTO ROW)
Census Tract042200
Assessed Land Value$265,500
Assessed Improvement Value$173,285
Assessment Year2025

About this property

Highly visible commercial opportunity on Parmer Lane! Situated on a 0.3048 acre lot with 73 ft of frontage, this freestanding retail building offers 1,684 SF of leasable space in a high-traffic corridor. Built in 1973 and zoned GC/MU, the property includes a pylon sign, 16+ parking spaces, and excellent signage exposure to daytime commuters. Ideal for retail, professional services, or service users seeking great visibility and access to Loop 1 and I-35. Don’t miss this rare chance to own prime commercial ground in Austin.

Investor Tools

Property Icon
$438,785
Estimated Property Value
$0Estimated Mortgage Balance
$438,785Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,994 /month
Positive
Cash Flow Estimate:
$1,998 /month

Interested in this property?

Sam Lee

First Network Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$954/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,258
$438,785
2025
$265,500
$173,285
$438,785
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,258
$438,785

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$438,785
100%
0%
$0/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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