Austin sits inside the largest convenience store market in the country. Texas has about 16,500 C-stores, more than any other state, and roughly 60% of US operators run a single store. That mix of independent sellers and well-capitalized buyers makes Austin one of the more active fuel and C-store markets in Texas, with cap rates statewide averaging about 5.63%. Gas Station Trader is the fuel and C-store practice of Eagle Nest Property Group in Dallas, with brokerage handled through Eagle Nest Brokerage LLC, a licensed Texas broker. We have transacted 250 million dollars plus, and principal Stuart W. Monteith is a D CEO Power Broker for 2025 and 2026. Reach us at team@eaglenestpg.com or 469.949.6467.
The Austin gas station market
Texas leads the country with about 16,500 convenience stores, and Austin contributes a meaningful share of that count through its highway corridors and dense urban infill. About 60% of US C-stores are single-store operators, which means much of the Austin inventory is owner-run and sells through private, relationship-driven processes rather than open listings. A busy urban station here can move 100,000 to 150,000 gallons per month, well above the US average of about 4,000 gallons per day. Profitability follows the C-store model statewide: the store is about 30% of revenue but roughly 70% of profit. We track Austin supply across branded and NNN assets. See the broader Texas market for context.
Buying a gas station in Austin
Most Austin buyers finance with an SBA 7(a) loan, which caps at 5 million dollars. Special-purpose gas station deals require a 15% minimum equity injection, meaning 10% to 15% down, with real estate terms up to 25 years. As of June 2026, SBA rates run about 9% to 11.5% APR variable, and closings take 30 to 90 days. Conventional financing requires 30% to 40% down, and many banks avoid underground storage tanks due to CERCLA liability. A Phase I ESA under ASTM E1527-21 runs 1,800 to 3,500 dollars and is required for SBA fuel deals. Start with our buyer services, the valuation calculator, and the due diligence checklist.
Selling a gas station in Austin
Austin sellers benefit from deep buyer demand, but pricing and packaging decide outcome. Business broker commissions run 10% to 20% on business-only deals and about 6% to 10% on real-estate-inclusive sales, with timelines of 3 to 6 months typical. A small-to-medium station owner often nets about 70,000 to 100,000 dollars per year, rising to 100,000 to 500,000 dollars by site, and buyers underwrite to those figures closely. Clean environmental records and documented fuel throughput drive the strongest offers. We prepare the package, position the asset, and run a competitive process. See our seller services, the sale-leaseback option for owner-operators, and the guide on how to sell a gas station.
Values and cap rates in Texas
Texas gas station cap rates average about 5.63%, just above the national figure near 5.58% with fuel and 6.87% without. By tenant, branded credit prices tightest: 7-Eleven trades 5.00% to 5.40% and Circle K 5.35% to 5.65%. On a multiple basis, business-only deals trade at 2.5x to 4.0x EBITDA, combined operations at 4.0x to 7.0x, and deals including real estate around 8x EBITDA, with 7x to 9x in premium markets. Some assets price on throughput at 0.05 to 0.30 dollars per gallon of monthly volume. Run the math with our cap rate calculator, then read what is a good cap rate and cap rates by state.
