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$995,000

NAL Estimated Property Value

306 W Stassney LN 1&2, Austin, TX, 78745

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths2,863 Sq Ft
price_per_sqft$347.54 / sqft
Year BuiltBuilt in 1946

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringTile, Wood

About this property

306 W Stassney Lane is a unique opportunity /w current residential tenants in place to cover costs while commercial development options or Residential development under SB840 are explored. SB840 allows up to 54 units per acre and reduces compatibility setbacks, call COA for info. The property totals .44 acres with two separate updated buildings (2022) that could easily be converted to offices, additional fencing and landscaping done in pictures, multiple storage buildings on property. Ample parking in the front with green areas in the back that could be converted for additional parking, Stassney frontage allows for great visibility. GO-MU-NP zoning, suited for a wide range of professional uses including medical, wellness, creative studios, professional offices, or live/work concepts.

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$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,970 /month
Positive
Cash Flow Estimate:
$1,990 /month

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Financing Details

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

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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306 W Stassney LN 1&2 | Property Details | No Agent List