For Sale Commercial MLS# ACT4992016

1702 Lone Oak Dr

Leander, TX 78641

$599,000

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About 1702 Lone Oak Dr

An extraordinary, highly versatile live-work property in a prime location right off Highway 183 and Crystal Falls Parkway. Spanning three combined lots with mature oak trees and no HOA, this site offers endless potential for homeowners, business owners, and investors alike. The commercial lot features high-visibility frontage on Crystal Falls Parkway and includes a dedicated garage building equipped with 240V power and its own separate electric meter ready for commercial use or business operations. Commercial lot is zoned GC-3-C. Other 2 lots are residential. See Supplemental Docs for zoning info.

The single-story main residence sits on two adjoining lots and showcases ceramic tile flooring throughout. The primary layout includes a welcoming living room with a fireplace, formal dining room, kitchen with included appliances, plus a spacious primary suite complete with its own private fireplace. Two additional bedrooms are split between the main home and the attached addition, bringing the residential count to three total bedrooms and a two-car garage.

Connected by a interior entryway but also featuring a fully independent exterior entrance, the flexible attached apartment addition can easily be partitioned off for immediate rental income or multi-generational living. This expansive wing boasts a full bathroom/shower, a private bedroom, two dedicated home offices, and a massive game room housing an indoor non-functional hot tub ready for custom re-imagining.

Meticulously maintained in original condition, the structures are in solid shape with no roof or foundation issues noted, alongside an AC system approximately five years old and 240V power at both the house and commercial garage. Combining high-exposure commercial potential, passive income streams, and residential space on a spacious tree-lined site, this property is a truly rare find with exceptional upside.

Property details

Property

Type
Mixed Use
MLS type
Commercial Sale
Status
Active
Year built
1970
Lot
1.02 AC / 44,431 SF
Original price
$599,000
MLS #
4992016

Interior

Flooring
Wood
Heating
Central, Fireplace(s)
Cooling
Ceiling Fan(s), Central Air, Electric

Exterior & lot

Foundation
Slab
Parking
Attached, Door-Single, Driveway, Open, Outside

Utilities

Utilities
Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Water
Public
Sewer
Public Sewer

Financial

Annual tax
$9,855
Tax year
2026
Parcel
17W329000000200006
Legal
S3794 - HIGHWAY VILLAGE, LOT 20-22, ACRES 1.02
Special conditions
Standard

Location

Subdivision
Highway Village
County
Williamson
Directions
From 183A Toll head west on Crystal Falls Pkwy, property sits on the left corner of Crystal Falls Pkwy and Lone Oak Drive

Location

Neighborhood
Highway Village

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Listed by Chris Watters, Watters International Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.