For Sale Commercial MLS# ACT6789037

801 Ranch Road 620 None S

Lakeway, TX 78734

$1,500,000

About 801 Ranch Road 620 None S

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 details

Property

MLS type
Commercial Sale
Status
Active
Year built
1970
Stories
2
Lot
0.4724 AC / 20,577 SF
Original price
$1,500,000
MLS #
6789037

Interior

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

Exterior & lot

Foundation
Slab
Parking
Additional Parking

Utilities

Utilities
Electricity Connected
Water
Public
Sewer
Aerobic Septic

Financial

Annual tax
$16,079
Tax year
2025
Parcel
01376803350000
Legal
ABS 738 SUR 24 SUHALZER F ACR 0.4724
Special conditions
Standard

Location

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.

Location

Neighborhood
Cardinal Hills

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Listed by Kathy Denny, Compass RE Texas, LLC

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.