— bed, — bath on 0.99 acres in Austin. Austin, TX 78736. $2,850,000.
About This Home
Exceptional opportunity to acquire a meticulously maintained three-building flex industrial portfolio in one of Central Texas’ most strategically positioned growth corridors. Located just minutes from major thoroughfares SH 130, I-35, and Highway 290, the property offers outstanding accessibility and logistics. With the Oak Hill Parkway project nearing completion and traffic flowing more efficiently than ever, the site is now only a few stoplights from Downtown Austin and ABIA. Purposefully designed and exceptionally cared for by long-term ownership, this property presents a rare alternative to commercial condominium ownership. Building A features an oversized office and reception area, and a full bathroom with a shower. Building B stands out with epoxy warehouse floors, clean-room-style wall finishes, full HVAC throughout, and a layout that can accommodate future second-story buildout under roof. Building C offers a fenced yard area and a highly functional footprint. All three buildings are equipped with three-phase power and roll-up doors. The property currently utilizes a rainwater collection system, but public water is available at the street for future connection if desired. The site also benefits from a professionally maintained septic system, reflecting the same level of care found throughout the property. Recent improvements include new lift station pumps and controls, septic maintenance, new overhead doors, upgraded insulation, HVAC enhancements, water tank replacements, alarm and fire systems, and replacement skylights. Whether you're seeking a stable investment, a future headquarters, or a combination of both, this well-built and carefully managed portfolio offers functionality, flexibility, and long-term value at a price point significantly below many comparable condominium developments in the area.
13377 Fitzhugh Road in Austin subdivision represents a rare three-building industrial portfolio positioned directly in Central Texas' fastest-growing logistics corridor. The 0.994-acre site sits minutes from SH 130, I-35, and Highway 290, with the recently completed Oak Hill Parkway now routing traffic efficiently toward Downtown Austin and Austin-Bergstrom International Airport. This location advantage means tenants and operators enjoy direct access to major employment centers, distribution networks, and transportation infrastructure that typically command premium positioning fees elsewhere.
The portfolio spans three distinct structures, each designed with specific operational functions. Building A anchors the north side with dedicated office and reception space, full bathroom with shower facilities, and currently generates tenant income. Building B features industrial-grade epoxy warehouse flooring, sealed wall finishes that meet clean-room specifications, and complete HVAC distribution throughout. The building's structural design allows for future vertical expansion to a second story under existing roof, a rare feature in flex industrial that adds substantial future value potential. Building C closes the east boundary with fenced yard access, roll-up cargo doors, and optimized functional layout. Two of the three buildings currently house paying tenants, providing stable cash flow while ownership evaluates long-term strategic use.
The property infrastructure reflects deliberate long-term stewardship. All three buildings operate on three-phase electrical power. Recent capital improvements include new lift station pumps and controls, septic system overhaul, replacement overhead doors, upgraded insulation packages, HVAC enhancements, new water tank installations, and complete alarm and fire system upgrades. The site operates a rainwater collection system, though public water access is available at street frontage for future connection. The professionally maintained septic system indicates the property was built and managed without public sewer constraints.
For investors seeking income-producing commercial real estate, this portfolio offers immediate returns combined with flexibility. The price point sits substantially below comparable commercial condominium developments throughout the Austin metro area. For operators building headquarters or consolidating multiple leased spaces into owned facilities, the three-building layout provides operational diversity without the typical homeowners association restrictions of condos. The Austin location puts you in the path of Austin's continued southward growth along the I-35 corridor toward San Marcos and New Braunfels, where major industrial parks and distribution centers continue expanding.
The numbers behind this insight
- Offered at
- $2,850,000
- Listed
- June 4, 2026
Keenan Luxury Market Index: $2M-$3M single-family homes across the Austin area sold at a median $601 per sq ft over the trailing 12 months (384 sales), as of October 17, 2026.
- Property Type
- Commercial Sale
- Year Built
- 2008
- Lot Size
- 0.99 acres
Listing information last updated June 6, 2026.
Listed by Friedman Real Estate, Inc.
MLS# 5224014 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Concrete
- Tile
- Heating
- Central
- Cooling
- Central Air
Exterior & Lot
- Metal Siding
- Slab
- Lot Size
- 0.99 Acres
- Common
- On Site
- Outside
- Paved
Financial
- Original List Price
- $2,850,000
Utilities
- Electricity Connected
- Phone Available
- Sewer Connected
- Water Connected
- Sewer
- Septic Tank
Transaction History
2 records on file
Every recorded listing, sale, and lease at 13377 Fitzhugh RD, whoever represented it.
- ActiveListed 2026Current price: $2,850,000Original list: $2,850,000MLS 5224014
- Listed · June 4, 2026$2,850,000
- WithdrawnListed date not recordedCurrent price: $435,000Original list: $435,000MLS 2851574
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $2,850,000
- Original list
- $2,850,000
- Price movement
- No verified reduction
- Listed / DOM
- Jun 4, 2026 · 135 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,219,716
- Assessment Year
- 2025
- Year Built
- 2007
- Parcel ID
- 11-2969-0000-00300-4
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $1,219,716 | $306,990 | $912,726 |
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($570K)
Adjustable assumption - not a lending recommendation.
$2,850,000
Luxury property intelligence
Keenan Market Position
A sourced read on Austin pricing, timing, and property scale. No automated valuation claim.
List price
$2,850,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
135 days
Original to current
No verified reduction
$2.9M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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