801 RANCH ROAD 620 S, LAKEWAY, TX 78734
Homes for sale in Lakeway.
Homes for sale in 78734.
801 Ranch Road 620 S
Lakeway, TX 78734
List Price$1,500,000
Listing #6789037
3,904
Square Feet
Commercial
Type
About This Property
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.
Property Features
Location Information
County
Travis
Subdivision
Cardinal Hills
County
Travis
Directions
Located at 801 South Ranch Road 620 and accessible from North or South 620. Located on the East side of 620 between Murfin Rd and Lakeway Blvd.
Area
LS
Interior Features
Heating
See Remarks
Exterior Features
Style
Vinyl Siding, Wood Siding
Parking Description
Additional Parking, See Remarks
Is New Construction
No
Topography
Level
Construction/Exterior
Vinyl Siding, Wood Siding
Lot Size in Acres
0.472
Foundation
Slab
Zoning
C-1 (Office/Retail)
Possession
Closing & Funding
Buildings
1
Water / Sewer
Aerobic Septic
Road Description
Asphalt
Water
Public
Has Waterfront
No
Additional Information
Other Utilities
Electricity Connected
APN
01376803350000
Property Type
COM
Status
Active
Property SubType
Other
Documents Available
Aerial, Survey
Year Built
1970
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Mortgage Calculator
$7,005
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$5,405
Monthly Tax
$1,250
Monthly Insurance
$350
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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