ActiveCommercial · sale

801 Ranch Road 620 None S

Lakeway, TX 78734

$1,500,000

  • 3,904 sq ft
  • 0.47 acres
  • Built 1970

Listed by Compass RE Texas, LLC · MLS #ACT6789037

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1970.

Property size

0.47 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

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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.

THE NEIGHBORHOOD

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801 Ranch Road 620 None S, Lakeway, TX 78734

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THE DETAILS

The details, all in one place.

Property type
Commercial Sale
Category
Commercial
Year built
1970
Cooling
Ceiling Fan(s), Electric, Multi Units, Varies by Unit
Heating
See Remarks
Subdivision
Cardinal Hills
Zoning
C-1 (Office/Retail)
Parcel
01376803350000

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

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801 Ranch Road 620 None S, Lakeway, TX 78734 · MLS #ACT6789037

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Listing information

MLS #ACT6789037 · Austin Board of Realtors

Listing brokerage: Compass RE Texas, LLC
Listing agent: Kathy Denny

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.