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Texas Workforce Commission Bldg 4405 Springdale Rd 43,920 SF Flex Building Austin, TX 78723 $14,657,160 CAD ($333.72 CAD/SF)
EXECUTIVE SUMMARY
The current tenant, Texas Workforce Commission will be ending their tenancy on August 31, 2026, although the building might be available a short time early. This is an opportunity to acquire a prime location property with many uses, close to downtown [less than 3 miles on MLK], Mueller, and Hwy 183 for the entire east side corridor. Available, guaranteed income while you plan your next move.
The building and grounds are exceptionally well kept by private owners with pride of ownership mentality. Recently painted, parking lot resurfaced and restriped with potential to add 24 more spots depending on frequency of need of loading docks. Full LED lighting, full HVAC, fully sprinklered and grounds completely landscaped.
Situated at the newly updated corner of MLK and Springdale the location and zoning provides many opportunities.
The current income is for the year of 2026 with no possibility of renewal from TWC.
The building and grounds are exceptionally well kept by private owners with pride of ownership mentality. Recently painted, parking lot resurfaced and restriped with potential to add 24 more spots depending on frequency of need of loading docks. Full LED lighting, full HVAC, fully sprinklered and grounds completely landscaped.
Situated at the newly updated corner of MLK and Springdale the location and zoning provides many opportunities.
The current income is for the year of 2026 with no possibility of renewal from TWC.
FINANCIAL SUMMARY (ACTUAL - 2026) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$794,279
|
$18.08
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$794,279
|
$18.08
|
| Taxes |
$108,882
|
$2.48
|
| Operating Expenses |
$111,674
|
$2.54
|
| Total Expenses |
$220,555
|
$5.02
|
| Net Operating Income |
$573,723
|
$13.06
|
FINANCIAL SUMMARY (ACTUAL - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $794,279 |
| Annual Per SF | $18.08 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $794,279 |
| Annual Per SF | $18.08 |
| Taxes (CAD) | |
|---|---|
| Annual | $108,882 |
| Annual Per SF | $2.48 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $111,674 |
| Annual Per SF | $2.54 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $220,555 |
| Annual Per SF | $5.02 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $573,723 |
| Annual Per SF | $13.06 |
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Conferencing Facility
- Fenced Lot
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Records Management Center
- Public Administration
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Records Management Center | Public Administration | - | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Exceptionally well maintained. new roof in 2024, full LED lighting, full HVAC and Sprinklers. close to Mueller, downtown directly on MLK and 183 to airport.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 43,920 SF | Flex | Full Build-Out | Dec 2026 |
1st Floor
| Size |
| 43,920 SF |
| Space Use |
| Flex |
| Condition |
| Full Build-Out |
| Available |
| Dec 2026 |
1st Floor
| Size | 43,920 SF |
| Space Use | Flex |
| Condition | Full Build-Out |
| Available | Dec 2026 |
Exceptionally well maintained. new roof in 2024, full LED lighting, full HVAC and Sprinklers. close to Mueller, downtown directly on MLK and 183 to airport.
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PROPERTY TAXES
| Parcel Number | 205546 | Total Assessment | $6,345,810 CAD (2025) |
| Land Assessment | $6,345,810 CAD (2025) | Annual Taxes | $108,882 CAD ($2.48 CAD/SF) |
| Improvements Assessment | $0 CAD (2025) | Tax Year | 2026 |
PROPERTY TAXES
Parcel Number
205546
Land Assessment
$6,345,810 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$6,345,810 CAD (2025)
Annual Taxes
$108,882 CAD ($2.48 CAD/SF)
Tax Year
2026
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MATTERPORT 3D EXTERIOR
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STREET VIEW
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Presented by
Richard Allyn Rlty Co.
Texas Workforce Commission Bldg | 4405 Springdale Rd
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