801 Ranch Road 620 None S,Lakeway, TX 78734
Lakeway, TX 78734
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.
Details
| MLS # | 6789037 |
|---|---|
| Listing Type | For Sale |
| Style | See Remarks |
| Sub-Type | Resale |
| Status | Active |
| Year | 1970 |
| Days On Site | 226 |
| Listing Provided By | Compass RE Texas, LLC | Kathy Denny |
Features
| SQ Feet | 3,904 |
|---|---|
| Building(s) | 1 |
| Zoning | C-1 (Office/Retail) |
| Acreage | 0.47 |
Interior
| Cooling | Ceiling Fan(s), Electric, Multi Units, Varies by Unit |
|---|---|
| Heating | See Remarks |
Exterior
| Foundation Details | Slab |
|---|---|
| Topography | Flat |
| Construction Materials | Vinyl Siding, Wood Siding |
Parking
| Parking Features | See Remarks, Additional Parking |
|---|
Utilities
| Utilities | Electricity Connected |
|---|---|
| Sewer | Aerobic Septic |
Other
| List Aor | Austin Board Of Realtors |
|---|
Area Information
| State | TX |
|---|---|
| County | Travis |
| City | Lakeway |
| Zip Code | 78734 |
| Area | LS |
| Community Name | Cardinal Hills |
| Listing VS Median (in Cardinal Hills) | |
Price: $1,500,000 low | high Med: $2,900 sqft: 3,904 low | high Med: 60,000 $ / sqft: $384 low | high Med: $0 On site: 226 low | high Med: 942 | |
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Listings courtesy of Austin Board of REALTORS® MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of August 29, 2026 at 8:55:41 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Learn More About This Property
| State | TX |
|---|---|
| County | Travis |
| City | Lakeway |
| Zip Code | 78734 |
| Area | LS |
| Community Name | Cardinal Hills |
| Listing VS Median (in Cardinal Hills) | |
Price: $1,500,000 low | high Med: $2,900 sqft: 3,904 low | high Med: 60,000 $ / sqft: $384 low | high Med: $0 On site: 226 low | high Med: 942 | |
 | $824,90015302 BarrieAustin, TX 78734 |
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