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801 Ranch Road 620 S, Lakeway, TX 78734

$1,500,000
  • 801 Ranch Road 620 S, Lakeway, TX 78734 Main Photo

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Active
MLS#6789037
STATUSActive PROPERTY TYPECommercial - Business SUBDIVISIONCardinal Hills

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 propertys covered land value. An ideal acquisition for investors who understand that income provides stability, lease rollover creates upside, and zoning creates options.

801 Ranch Road 620 S | MLS# 6789037

This commercial property located at 801 Ranch Road 620 S, Lakeway, TX 78734 is currently listed for sale with an asking price of $1,500,000. Search Lakeway real estate on gilbertg.rmcapitalcity.com today.

Property Features

Property Type: Commercial - Business
Cooling: Ceiling Fan(s), Electric, Multi Units, Varies by Unit
Heating: See Remarks
Lot Size: 0.47 Acres
Stories: 2.0
Taxes: $16,079
Year Built: 1970

Feature Descriptions

Area #: LS
Building Features: See Remarks
Days on Site: 92
Exterior: Vinyl Siding, Wood Siding
Flood Plain: No
Parcel#: 01376803350000
Parking: See Remarks, Additional Parking
Parking Notes: See Remarks, Additional Parking
Restrictions: Zoning
Sewer: Aerobic Septic
Topography: Flat
Utilities: Electricity Connected
Water: Public

Listed By / Shown By

Listed By

Agency Name: Compass RE Texas, LLC
Agency Contact: (512) 718-4420

Shown By

Agent Name: Gilbert Gracia Jr.
Agent Phone: (512) 825-1591
Agency Title: Realty Capital City

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