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3 Lakeway Centre Court

Off-Market

3 Lakeway Centre Court, Austin, TX 78734

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  • Property Type Office - General Office
  • Property Size 13,120 Sqft
  • Lot Size 1.02 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 2005

Location

  • City Austin, TX
  • Neighborhood Lakeway
  • Zip Code 78734
  • Market Austin

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 19 Feb, 2008
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Austin

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Austin Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $42.69
  • 2020 Office Vacancy Rate 10.80%
  • 2020 Office Completions (Sqft) 2,832,282

Austin Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per Sqft $281.07
  • Y-o-Y Avg. PpSF Change -39.46%
  • 2020 Office Sales Volume $215.3M
  • 2020 Number of Transactions 7
View more Austin market trends

Tax

  • Property Tax in 2021 $55,458
  • Market Value $2,600,000
  • Assessed Value $2,600,000

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of 3 Lakeway Centre Court?

3 Lakeway Centre Court totals 13,120 square feet.

When was this property built?

3 Lakeway Centre Court was built in 2005.

When was 3 Lakeway Centre Court last sold?

3 Lakeway Centre Court was last sold on 19 Feb, 2008.

What is the property tax for 3 Lakeway Centre Court?

The property tax for 3 Lakeway Centre Court in 2021 was $55,458.

What is the market value for 3 Lakeway Centre Court?

The market value for 3 Lakeway Centre Court in 2021 was $2,600,000.

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