Lakeway, TX 78734,801 Ranch Road 620 S
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Lakeway, TX 78734,801 Ranch Road 620 S
Lakeway, TX 78734,801 Ranch Road 620 S
Lakeway, TX 78734,801 Ranch Road 620 S
Lakeway, TX 78734,801 Ranch Road 620 S
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Diane Hart Alexander, MBA, MHA

Diane Hart Alexander, MBA, MHA

+1(713) 591-9902
$ 1,500,000
Est. payment /mo
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Active

801 Ranch Road 620 S Lakeway, TX 78734

3,904 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type See Remarks

Listing Status Active

Purchase Type For Sale

Square Footage 3,904 sqft

Price per Sqft $384

Subdivision Cardinal Hills

MLS Listing ID 6789037

Year Built 1970

Tax Year 2025

Lot Size 0.472 Acres

Acres 0.4724

Property Sub-Type See Remarks

Source actris

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.

Location

State TX

County Travis

Area Ls

Zoning C-1 (Office/Retail)

Interior

Heating See Remarks

Cooling Ceiling Fan(s), Electric, Multi Units, Varies by Unit

Fireplace N

Exterior

Utilities Available Electricity Connected

Total Parking Spaces 20

Building

Story 2

Foundation Slab

Sewer Aerobic Septic

Water Public

Structure Type Vinyl Siding,Wood Siding

New Construction No

Others

Restrictions Zoning

Acceptable Financing Cash, Committed Money

Listing Terms Cash, Committed Money

Special Listing Condition Standard

Listed by Compass RE Texas, LLC • Kathy Denny
Diane Hart Alexander, MBA, MHA

Diane Hart Alexander, MBA, MHA

Chair, CEO, Broker | License ID: 565194

+1(713) 591-9902

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801 Ranch Road 620 S