7700 Highway 71Austin, TX 78735

Property Details for 7700 Highway 71

Year built

2007

Lot size

1.72 AC

Property size (Sq ft)

29,904 SF

Property type

Office properties

Property subtype

Office buildings

APN

404400623

APU

404400623

Description

This three-story office building, located at 7700 Hwy 71 West, offers multiple tenancy options in a convenient Southwest Austin location. The Y at 71 Professional Building boasts a total of 110 square feet currently available, with a maximum contiguous space of 110 square feet. The building's strategic location provides easy access to Dripping Springs and the Hill Country via Highways 290 and 71. The upcoming improvements to the Y at Oak Hill intersection will further enhance connectivity to downtown Austin, making this an ideal location for businesses seeking convenient access to both suburban and urban areas. The property is situated in Travis County and offers a variety of office spaces, suitable for executive offices or traditional office setups. Currently, there are three spaces available, ranging in size from a minimum of 110 square feet to a maximum of 3,862 square feet (total building size is 110 sq ft, with 110 sq ft currently vacant). Interested parties should inquire about current availability and pricing. This property presents a unique opportunity for businesses seeking a well-located and accessible office space in a thriving Austin area.

• CAP approach

  CAP return

  Valuation

  6%

  $9,321,692

  6.5%

  $8,604,638

  7%

  $7,990,022

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,952,959

  Geo Method

  $8,952,959

• Alternative Use

  Use

  Valuation

  Residential

  $10,669,752

  Hospitality

  $9,773,435

  Educational

  $8,131,384

  Medical

  $8,411,034

  Retail

  $12,648,818

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.2426

Longitude

-97.8816

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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