10200 Highway 290, Austin, TX 78736

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.

Highway frontage and 2.78 acres are hard to replace in Southwest Austin, and 10200 Highway 290 Hwy W puts both on one tract in the middle of the Austin-to-Dripping Springs growth path. At 10200 Highway 290 Hwy W in Austin, Austin, TX 78736, the value is clear: immediate income from an existing office setup, plus room to expand in a corridor where land along U.S. 290 keeps getting tighter.

This is a Commercial Sale - Office property built in 1999 on 2.78 acres in Travis County. The main two-story office building totals about 4,227 square feet and is divided into 11 individual suites. A separate 1,152 square foot rear structure has been converted into 3 more office suites plus 1 garage bay for the owner. At the $2.20 million asking price, that works out to roughly $520 per square foot based on the main office building alone, before assigning value to the converted rear building, the annual sign lease, or the ground lease income. Current occupancy is about 70 percent, which gives an owner-user or investor cash flow now with a defined lease-up opportunity.

The location does real work here. Austin sits on the west side of Austin where Highway 290 carries steady traffic between Oak Hill and Dripping Springs. You are close to the Oak Hill Y, where U.S. 290 and State Highway 71 split, and roughly 10 to 15 minutes from Belterra Village and Nutty Brown Road. Downtown Austin is typically about 25 to 30 minutes away outside peak traffic, and Dripping Springs is an easy drive west. For office tenants, clients, and service businesses, that means visibility, straightforward access, and less friction than core Austin locations.

School district information is not listed for 10200 Highway 290 Hwy W because this is an office asset rather than a residential home. What is listed clearly is lot size, year built, frontage, suite count, and upside. The tract is outside the city ETJ, which matters because it gives the next owner more flexibility for future expansion than many commercial sites inside tighter regulatory boundaries. In the 78736 market, that kind of optionality is not common.

For buyers tracking where Southwest Austin growth is heading, this property offers something concrete: usable office product, land that can do more, and a Highway 290 address that should keep getting more valuable as the corridor continues to fill in.