On average, listings lease in the $20's per square foot per year. The Castle Hills submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decrease in rent.
Compared to the rest of the Greater Austin market, the Castle Hills submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 19 listings have been made available, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 240 sqft. Most properties in this region are approximately 4 floors. Most buildings in this area were built in 1982 and are Class B.