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Well-located former fast food site on a 0.62 acre corner lot in Caldwell, TX! The property offers 113ft of prime frontage on HWY 36, with existing signage that is visible from the HWY 21/HWY 36 intersection, traveled by thousands of vehicles each day. Dual access points from HWY 36 and Fox Street provide convenience for a potential drive-thru restaurant or traditional retail uses. The property features a 52' x 22' brick building, concrete parking lot, and 24 parking spaces. City of Caldwell utilities are available. Surrounded by national and local brands, such as: Sonic, MasFajitas, Dairy Queen, Pizza Hut, Whataburger, 7/11 Gas Station, McDonald's & Subway. This site benefits from strong daytime traffic, along with year-round traffic from Texas A&M game days, and being positioned within the Texas Triangle! QSR - fast food, coffee/breakfast, fast casual dining, or other high-traffic retail concepts seeking a prominent, accessible location in a growing area.
Property Type
Commercial Sale
Year Built
1984
Lot Size
0.62 acres
Garage
24 spaces
Listed by Armstrong Properties
Verified property facts
310 State Highway 36 S is in Downtown Austin, Austin, Texas. See the full [Downtown Austin neighborhood guide](/neighborhoods/downtown-austin) for market data, schools, and lifestyle details.
310 State Highway 36 S is a Commercial Sale built in 1984 featuring 0 bedrooms, 0.62-acre lot.
310 State Highway 36 S 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.
The most recent annual property tax for 310 State Highway 36 S is $5,050. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#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% ($130K)
$650,000
Luxury property intelligence
A sourced read on Downtown Austin pricing, timing, and property scale. No automated valuation claim.
List price
$650,000
Price per sqft
Not available
Vs. Downtown Austin median
-25.7%
$875K median
Days on market
2 days
Original to current
No verified reduction
$650K original
Active inventory context
Ask for current inventory
Price Position in Downtown Austin
Listed 26% below 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
With 20% down ($130,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 310 State Highway 36 S is around $3,794 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $650,000, 310 State Highway 36 S 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).
310 State Highway 36 S was built in 1984 (42 years ago). Buyers should budget for potential updates to major systems.
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)
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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