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Established Commercial Building/Location that could serve multiple purposes, including a distribution center, with 6.0+/- acres, covered loading dock, ample room for trucks, customers, etc. Main building is 13,600 SF (BCAD), with 16 ft eave height and 28 ft center beam height. Building dimensions are believed to be 80ft x 170 ft, and could allow for creating multiple spaces. Currently has 1st and 2nd floor interior offices on South end of building.
Property Type
Commercial Lease
Year Built
2001
Lot Size
6.00 acres
Garage
50 spaces
Listed by Keller Williams Realty
Verified property facts
2989 S Highway 304 is in Downtown Austin, Austin, Texas. See the full [Downtown Austin neighborhood guide](/neighborhoods/downtown-austin) for market data, schools, and lifestyle details.
2989 S Highway 304 is a Commercial Lease built in 2001 featuring 0 bedrooms, 6.00-acre lot.
2989 S Highway 304 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 ($2,400) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 2989 S Highway 304 is around $84 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
Property Details
Flooring
Construction
Parking
Listing timeline with current price, original ask, and market time.
20% ($2K)
$12,000
Luxury property intelligence
A sourced read on Downtown Austin pricing, timing, and property scale. No automated valuation claim.
List price
$12,000
Price per sqft
Not available
Vs. Downtown Austin median
-98.6%
$875K median
Days on market
44 days
Original to current
No verified reduction
$12K original
Active inventory context
Ask for current inventory
Price Position in Downtown Austin
Listed 99% below the Downtown Austin median
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 1, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $12,000, 2989 S Highway 304 is in the Downtown Austin market where there are currently 4 active listings in 78953. For a detailed market analysis, see our [Downtown Austin guide](/neighborhoods/downtown-austin).
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 78953 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)
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in N/A
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