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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
Multi Use Commercial, Industrial, Office or Retail opportunity in this newly constructed 6000 sq ft building situated on 2 acres with 435 ft of Highway frontage. This property is located one mile from the intersection of Hwy 21 & Hwy 36 which sees an annual average daily vehicle count of 33,566 and is a major thoroughfare to Austin, College Station, Brenham and Houston. The building is equipped with 3 roll up doors on the North end. 2 being 12' and one being 14'. There is one interior 14' roll up door and a 14' roll up door on the South end allowing for entry and exit with 14' clearance thru the building. The interior of the building is open space with 2 bathrooms and a kitchenette. Numerous windows and an awning are present on the front side of the building, along with lighting installed on the exterior perimeter of the structure. Concrete parking lot and pipe fencing with gate at the entrance. City of Caldwell water & sewer, Entergy electricity. The cars and the lift are for sale but do not convey in the Listed Sales Price.
Property Type
Commercial Sale
Year Built
2023
Lot Size
2.00 acres
Listed by Armstrong Properties
Verified property facts
1229 State Highway 36 N Hwy is listed at $1,490,000 with 0 bedrooms, 2.00-acre lot.
1229 State Highway 36 N Hwy is in Downtown Austin, Austin, Texas. See the full [Downtown Austin neighborhood guide](/neighborhoods/downtown-austin) for market data, schools, and lifestyle details.
1229 State Highway 36 N Hwy is a Commercial Sale built in 2023 featuring 0 bedrooms, 2.00-acre lot.
1229 State Highway 36 N Hwy is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
With 20% down ($298,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 1229 State Highway 36 N Hwy is around $10,463 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Best Match
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Property Details
Flooring
Construction
Parking
Listing timeline with current price, original ask, and market time.
20% ($298K)
$1,490,000
Luxury property intelligence
A sourced read on Downtown Austin pricing, timing, and property scale. No automated valuation claim.
List price
$1,490,000
Price per sqft
Not available
Vs. Downtown Austin median
+70.3%
$875K median
Days on market
52 days
Original to current
No verified reduction
$1.5M original
Active inventory context
Ask for current inventory
Price Position in Downtown Austin
Listed 70% above the Downtown Austin median
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 31, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $1,490,000, 1229 State Highway 36 N Hwy is in the Downtown Austin market where there are currently 15 active listings in 77836. For a detailed market analysis, see our [Downtown Austin guide](/neighborhoods/downtown-austin).
1229 State Highway 36 N Hwy was built in 2023, making it 3 years old with relatively recent construction.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Downtown Austin is one of Austin's established neighborhoods in the 77836 area. The Keenan Group has specialized in Downtown Austin real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
1 event on record
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Neighborhood guide and local insights
Downtown Austin runs from the Colorado River north to the Capitol, bounded by I-35 to the east and Lamar to the west. It is the densest residential market in Central Texas with high-rise condos, historic lofts, and luxury towers concentrated in distinct sub-districts. The Seaholm District anchors the west end with the Seaholm Residences and the new Google tower reshaping the skyline. Rainey Street sits along the lake's north shore - what was a street of bungalow bars is now flanked by 40-story residential towers including 70 Rainey and The Lakeshore. The Warehouse District between 3rd and 6th Streets draws buyers who want walkable nightlife and restaurant access. Congress Avenue bisects downtown and remains the civic spine connecting the Capitol to the lake. The Austonian (56 floors), The Independent (58 floors), and 360 Condominiums are the marquee towers. Newer projects like Sixth & Guadalupe and The Republic continue adding inventory. Price points range from $400K studio condos to $5M+ penthouses with lake and Hill Country views. Walk Score averages 95+. The MetroRail Red Line stops at downtown station. Major employers including the State of Texas, UT Austin, and a growing tech presence (Google, Meta, Apple satellite offices) generate consistent housing demand. Nightlife, dining, live music, and Lady Bird Lake hike-and-bike trail are all within walking distance. Buyers here are typically professionals, empty nesters downsizing from suburban estates, investors, and out-of-state relocations drawn to Austin's urban core. HOA fees range from $400/month in older buildings to $2,000+ in full-service towers. Most buildings include concierge, pool, fitness center, and secure parking.
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Recent sales for market context
