801 Ranch Road 620 S, Lakeway, TX 78734 (MLS # 6789037)
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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.
| LAST UPDATED | 1/15/2026 | TRACT | Cardinal Hills |
|---|---|---|---|
| YEAR BUILT | 1970 | COMMUNITY | Cardinal Hills |
| COUNTY | Travis | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Electric, Multi Units, Varies by Unit |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | LS |
| CONSTRUCTION | Vinyl Siding, Wood Siding |
| HEAT | See Remarks |
| INTERIOR | See Remarks |
| LOT | 0.4724 acre(s) |
| LOT DESCRIPTION | Level |
| PARKING | See Remarks, Additional Parking |
| SEWER | Aerobic Septic |
| STORIES | 2 |
| SUBDIVISION | Cardinal Hills |
| TAXES | 16079 |
| UTILITIES | Electricity Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Property listed by Kathy Denny, Compass RE Texas, LLC
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 3/26/26 11:10 AM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2026.