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    2101 Ranch Road 620 Lakeway, TX 78734

    For Sale
    $950,000

    Prime Lake Travis location, development potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 0.64-acre commercial property in Lakeway, Texas, presents a remarkable investment opportunity. Situated on FM 620, it boasts unparalleled visibility and accessibility, making it ideal for a wide range of commercial ventures. The property's location outside the City of Austin ETJ offers significant advantages, eliminating the complexities and time delays associated with city permitting and zoning restrictions. With a current impervious cover of 40%, there's potential to increase this to 45% with the implementation of a rainwater collection system. The expansive, level lot ensures ample parking and space for potential expansion, including flex industrial development. Its prime location in the heart of the Lake Travis area provides easy access to Lake Travis and Lake Austin, attracting both residents and tourists. The property's excellent condition and reasonable tax rate further enhance its appeal. An adjacent 0.63-acre property with an office building is also available for purchase, totaling 1.271 acres of developable land for $1,299,000, providing even greater development flexibility. This presents a unique chance to acquire a highly visible, versatile commercial property in a thriving market. Don't miss this opportunity to capitalize on the exceptional potential of this location.

    Property Features for 2101 Ranch Road 620

    General Information

    Property type
    Other commercial real estate
    Lot Size
    27,878 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Taco zone #2 Mexican Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lakeway
    County
    Travis
    State
    Texas
    Longitude
    -97.94255
    Latitude
    30.38384

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Lake Travis location, development potential.
    Where is this commercial real estate located?
    The property is located at 2101 Ranch Road 620 Lakeway, TX.
    What is the asking price?
    The asking price for this property is $950,000.
    (512) 575-3644
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    2101 Ranch Road 620 Lakeway, TX 78734
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    Lakeway, TX 78734
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2101 Ranch Road 620 Lakeway, TX 78734
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