The typical asking rate per listing is in the $20's per square foot per year. The Lakeway submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 3% increase in rent.
Compared to the rest of the Greater Austin market, the Lakeway region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 3 listings have come on the market, which means office spaces are probably going fast. 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.
Even though the median size is 3,050 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are close to 2 stories. Most buildings in this market were built in 1999 and are Class A.