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$2,200,000
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Property Description
Positioned on 2.78 acres with strong frontage along Highway 290, this investment property offers a compelling opportunity for both owner-users and investors seeking growth potential in the path of development between Austin and Dripping Springs. The site features a well-maintained 4,227 SF two-story office building comprised of 11 individual suites, complemented by a 1,152 SF garage structure that has been converted into 3 Office suites and 1 Garage spot for the owner, located at the rear of the property. Currently operating at approximately 70% occupancy, the asset provides immediate cash flow with additional upside through lease-up and future development. The property also benefits from supplementary income generated through an annual sign lease and ground lease. Located outside the city ETJ, the tract allows flexibility for expansion, with ample room to construct additional buildings to maximize returns in this high-demand corridor.
Full Property Details
Full Property Details for 10200 Hwy 290 Hwy W
General
- Price: $2,200,000
- Taxes: $33,906 (2025)
- Status: Active
- Type: Office
- Source: Austin_MLS
- MLS ID: 3032178
- Updated: 3/13/2026
- Added to Site: 23 day(s) ago
Rental Information
- Lease Info: Deposit Required, Gross
Interior
- Flooring: Carpet, Linoleum, Tile, Vinyl
Rooms
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup
Additional Information
- Security/Safety: Security System, Building Security
Parking
- Garage: Yes
- Total Spaces: 50
- Parking Features: Common, Concrete, Garage Faces Front, Garage, Garage Door Opener, Gravel, Parking Lot, Shared Driveway
Location
- Area: W
- County: Travis
- Subdivision: Scenic Brook Estates Sec 2 Re-
- Driving Directions: From Austin Take Hwy 290 west of Oak Hill, Building is on the right just past Oliver Loving Tr. From Dripping Springs take Hwy 290 east, the Building is on the left just pass Circle Dr.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Propane, Propane Stove
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, High Speed Internet Available, Propane, Phone Available, Sewer Connected, Water Connected
Structural Information
- # Buildings: 2
- Detached/Attached: Detached
- Construction: HardiPlank Type, Stone
- Stories/Levels: 2
- Square Feet: 5,429
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Office
- Year Built: 1999
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Garage(s)
Lot Features
- Property View: Hills
- Lot Size (Acres): 2.78
- Lot Size (Sq. Ft.): 121,096.8
- Lot Size Source: Assessor
Green Features
- Energy Efficient: Construction, Insulation, Water Heater
Financial Considerations
- Assessment Amount: $2,143,988
- Tax Amount: $33,906.48
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Survey
- Legal Description: LOT 23 SCENIC BROOK ESTATES SEC 2 RE-AMENDED
- Disclosures/Reports: None
- Property ID: 4106302090000
- Lot Number: 23
Listed by Stanberry REALTORS
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Schools
Schools serving 10200 Hwy 290 Hwy W
School District:Austin Independent School District
| Name | Grades | Distance |
|---|---|---|
Baldwin Elementary School 12200 Meridian Park Boulevard, Austin, TX 78739 | PK-5 | 3.2 mi |
Small Middle School 4801 Monterey Oaks Boulevard, Austin, TX 78749 | 6-8 | 6.1 mi |
Bowie High School, Austin, TX 4103 West Slaughter Lane, Austin, TX 78749 | 9-12 | 5.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 10200 Hwy 290 Hwy W
Date
Details
Price
Change
Source
3/13/2026
Listed
$2,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 10200 Hwy 290 Hwy W
Year
Property Taxes
Change
Tax Assessment
Change
2024
$33,386
9%
$2,143,988
-3%
2022
$30,731
—
$2,202,253
12%
2022
$30,731
66%
$1,973,475
8%
2021
$18,550
-4%
$1,833,533
68%
2020
$19,330
-1%
$1,090,762
—
2020
$19,435
1%
$1,090,762
5%
2018
$19,284
16%
$1,040,269
28%
2016
$16,628
-10%
$815,000
-7%
2017
$18,480
45%
$880,537
33%
2015
$12,766
3%
$662,421
—
2013
$12,443
—
$660,295
9%
2013
$12,443
—
$604,932
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 10200 Hwy 290 Hwy W
10200 Highway 290 Highway W, Austin, TX 78736 (MLS# 3032178) is a Office property. 10200 Highway 290 Highway W is currently listed for $2,200,000 and was received on March 13, 2026. Want to learn more about 10200 Highway 290 Highway W? Do you have questions about finding other Office real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

