801 Ranch Road 620 S Lakeway, TX 78734 Active

UPDATED: 08/27/2026 09:28 PM ON MARKET: 248 days on market

$1,500,000

3,904 SqFt

Key Details

Property Type Commercial

Sub Type See Remarks

Listing Status Active

Purchase Type For Sale

Square Footage 3,904 sqft

Price per Sqft $384

Subdivision Cardinal Hills

MLS Listing ID 6789037

Year Built 1970

Tax Year 2025

Lot Size 0.472 Acres

Acres 0.4724

Property Sub-Type See Remarks

Source actris

Property 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.

Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 09/20/2026. 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. Some IDX listings have been excluded from this website.
Data last updated: 09/20/2026 15:13