801 Ranch Road 620 S Lakeway, TX $ 1,500,000
801 Ranch Road 620 S
$ 1,500,000
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801 Ranch Road 620 S

Lakeway, TX, 78734
$ 1,500,000
Bedrooms-- Baths-- Sq 3,904
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Property for Rent in Lakeway, TX

for $1,500,000. This 3,904 square foot property was built in 1970 on a lot size of 0.4724.

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.

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Rental Active

Price

$ 1,500,000

Taxes

$ 16,079

Style

Lot Size

0.4724

Year Built

1970

Town/City

Lakeway

County/Region

Travis

MLS | Web ID

6789037

Features
General
Sewer Aerobic Septic
Heating See Remarks
Cooling Ceiling Fan(s) Electric Multi Units Varies by Unit
Utilities Electricity Connected
Zoning C-1 (Office/Retail)
Construction Materials Vinyl Siding Wood Siding
Year Built 1970
Topography Flat
Property Subtype See Remarks
Tax Year 2025
Current Use Office
County Travis
Operating Expense 55399
New Construction N
Property Type Commercial Sale
Subdivision Name Cardinal Hills
Building Features See Remarks
Other Structures None
Status Active
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.
City Lakeway
Disclosures Lead Base Paint Addendum Other Disclosures
MLS Area LS
Lot Size Square Feet 20577.74
Property Condition See Remarks
Additional Parcels Y/N Y
Leasable Area 3904
Lease Type NN
Builder Name 801 S Ranch Road 620
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 869363
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Exterior
Parking Features See Remarks Additional Parking
Water Source Public
Total Parking 20
Foundation Details Slab
Number of Buildings 1
Building Area Total 3904
Lot Size Acres 0.4724
Road Surface Type Asphalt
Lot Size Source Public Records
Waterfront Y/N N
Other Equipment None
Horse Y/N N
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Interior
Total Stories 2
Total Bedrooms 0
Total Baths 0
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Internal Only
Street Number 1 801
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* Excluded Features
List By
Kathy Denny

Listing Agent

Compass Re Texas, Llc

Broker

kathy.denny@compass.com

Email

Nearby
3038596 Elementary School
3038443 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/15/2026$1,500,000 Listed Price

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801 Ranch Road 620 S, Lakeway, TX, 78734 is a Property for Rent at $1,500,000 with 3,904 sqft and a lot size of 0.4724. 801 Ranch Road 620 S was built in 1970. The property's zip code is 78734 which is in Lakeway, TX