801 Ranch Road 620, Lakeway, TX 78734
- $1,500,000
- List Price
- $1,500,000
- Status
- ACTIVE
- MLS#
- 6789037
- Days on Market
- 195
- Lot Size
- 20,577
- Area
- Northwest Travis Co.
Property Description
Fronting Ranch Road 620— with 35,300 vehicles per day—this multi-tenant office property delivers immediate income with future flexibility. The 3,904 SF building sits on an improved ±20,577 SF (0.4724 acres) site and is fully leased to long-standing tenants. While most tenants have operated from the property for years, lease expirations are near-term, creating a natural inflection point for a new owner to reposition the asset and capture market rent growth. A new roof completed in 2024 addresses a major capital item and supports a value-add strategy focused on repositioning, leasing, and long-term asset optimization. The offering also includes an adjacent ±12,000 SF undeveloped parcel, with both parcels zoned C-1 (Office / Retail). This zoning provides flexibility for future expansion, alternative commercial uses, or longer-term redevelopment strategies, enhancing the property’s covered land value. An ideal acquisition for investors who understand that income provides stability, lease rollover creates upside, and zoning creates options.
/u.realgeeks.media/sellingatx/logo-detail.png){kind=logo}
Additional Information
- Tax Year
- 2025
- Year Built
- 1970
- Parking Spaces
- 20
- Construction
- Vinyl Siding, Wood Siding
- Region
- Northwest Travis Co.
- Sewer
- Aerobic Septic
- Stories
- 2
- Street Name
- Ranch Road 620
- Street Number
- 801
- Neighborhood
- Cardinal Hills
- Water
- Public
- Acres
- 0.47
- County
- Travis
- Heating
- See Remarks
Mortgage Calculator
Listing courtesy of Compass RE Texas, LLC. Contact: (512) 718-4420
Brought to you by the Austin Board of REALTORS® All visitors are subject to ABoR Terms and Conditions of Use.