Meredith Dr 2 Office Properties Offered at $2,800,000 in Austin, TX

A two-building professional office property totaling 8,900 RSF in the South Austin submarket near FM 1626 and Menchaca Rd. This location offers convenient access to IH-35 (2 miles) from FM 1626, and a 10 minute drive to Buda, while still being under 25 minutes from Austin's vibrant urban core.
A substantial remodel to the property was just completed in 2025 including new roofing, upgrades to hvac systems, exterior paint and a complete interior remodel to the 2nd floor of the larger. This property is located in the ETJ, which would allow for multiple uses such as office, medical or retail. This would be ideal for an owner-occupant who can occupy all or part the larger building while still receiving rental income from the remaining tenancy. The property currently has existing gross rental income of $145,524 annually at 59% occupancy. There is an immediate opportunity for a tenant to occupy 2,400 RSF on the ground floor, but with all leases having less than 10 months remaining, the buyer could occupy up to 7,517 RSF within a short time frame.
1011 MEREDITH DRIVE:
A 7,517 SF two-story office building with covered parking and direct ground-floor access. The second floor has been fully renovated and is partially leased, while the ground floor is vacant—ideal for an owner-user or lease-up strategy. All current leases expire within 10 months, offering flexibility for full owner occupancy or repositioning.
1009 MEREDITH DRIVE:
A 1,383 SF freestanding building, currently leased to Edward Jones.