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11019 US Highway 290 E 1,100 SF 100% Leased Retail Building Manor, TX 78653 $950,000 ($863.64/SF)
Investment Highlights
- 57000 traffic count per day.
- Accessable by 2 streets.
Executive Summary
Excellent location with great access from 2 streets just 2.3 miles down East Hwy 290 from the 130 tollway & right next door to the classic Cafe 290. The current tenants operate a tire shop and are on a month-to-month lease and can stay or go with new owner.
Originally, this property was built as a Texaco service station and the buried fuel tank removal & mitigation has been conducted.
With a daily traffic count of just under 57,000 cars per day, this area and stretch of Hwy 290 is developing and growing quickly while also being in the proximity of Austin-Bergstrom International Airport, Austin Executive Airport, Tesla, Samsung's new $20+Billion factory, The Circuit of the Americas, Bastrop, Lockhart, Taylor, Downtown Austin and much more. Zoning is C-1 and not situated in a flood-zone.
Originally, this property was built as a Texaco service station and the buried fuel tank removal & mitigation has been conducted.
With a daily traffic count of just under 57,000 cars per day, this area and stretch of Hwy 290 is developing and growing quickly while also being in the proximity of Austin-Bergstrom International Airport, Austin Executive Airport, Tesla, Samsung's new $20+Billion factory, The Circuit of the Americas, Bastrop, Lockhart, Taylor, Downtown Austin and much more. Zoning is C-1 and not situated in a flood-zone.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$24,000
|
$21.82
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$24,000
|
$21.82
|
| Taxes |
$10,000
|
$9.09
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$10,000
|
$9.09
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $24,000 |
| Annual Per SF | $21.82 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $24,000 |
| Annual Per SF | $21.82 |
| Taxes | |
|---|---|
| Annual | $10,000 |
| Annual Per SF | $9.09 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $10,000 |
| Annual Per SF | $9.09 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Building Size
1,100 SF
Building Class
C
Year Built
1972
Price
$950,000
Price Per SF
$863.64
Percent Leased
100%
Building Height
1 Story
Building FAR
0.10
Lot Size
0.25 AC
Opportunity Zone
Yes
Zoning
C-1 - Light Commercial
Parking
6 Spaces (5.45 Spaces per 1,000 SF Leased)
Nearby Major Retailers
Property Taxes
| Parcel Number | 240827 | Total Assessment | $408,054 (2025) |
| Land Assessment | $217,500 (2025) | Annual Taxes | $10,000 ($9.09/SF) |
| Improvements Assessment | $190,554 (2025) | Tax Year | 2023 |
Property Taxes
Parcel Number
240827
Land Assessment
$217,500 (2025)
Improvements Assessment
$190,554 (2025)
Total Assessment
$408,054 (2025)
Annual Taxes
$10,000 ($9.09/SF)
Tax Year
2023
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11019 US Highway 290 E
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