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    2951 RR 620 S Austin, TX 78738

    Source: https://asterra.com
    For Lease
    $20 SF/Yr ($3,696 /Mo)

    Prime Austin office space available for lease.

    Lot size:
    2,218 SF

    Description

    Added:
    Mar 28, 2025
    Days on Market:
    253
    This exceptional 2,218-square-foot office suite, located within the 22,730-square-foot Discovery Point II building at 2951 RR 620 S in Austin, Texas, 78738, offers a desirable location and numerous amenities. The suite boasts eight individual office spaces and a convenient break room. Situated off S Ranch Road 620, between Bee Cave Road/Highway 71 and Lakeway Boulevard, this property provides easy access to major roadways. Enjoy breathtaking views of the surrounding hills and the Colorado River. The building features ample parking for tenants and visitors, including covered parking on the lower level. Natural light floods the space through large windows. Building amenities include an elevator and shared restrooms. Internal and external staircases provide convenient access. This NNN lease is offered with a negotiable term and a yearly rate of $20 per square foot. The property's prime location places it within walking distance of a variety of conveniences, including The Grove, Lola Savannah Coffee, Baylor Scott and White, Lake Travis High School, and Double Dave's. This is an unparalleled opportunity to secure a well-appointed office space in a thriving Austin neighborhood.

    Property Features for 2951 RR 620 S

    General Information

    Property type
    Other office properties
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    2,218 SF
    USF (Usable sq. ft)
    2,218 SF
    Class
    B
    Total Parking Spaces
    79
    Elevators
    N/A
    Total Rate
    3696.67
    Lease Term
    Negotiable

    Building Details

    Year Built
    2012
    Buildings
    1
    Stories
    2

    HighLights

    • 2,218 sq ft office suite available for lease in Austin, TX.
    • Located in the Discovery Point II building with great views and ample parking.
    • Convenient access to major roadways and numerous nearby amenities.
    Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Map

    City
    Austin
    State
    Texas
    Longitude
    -97.740869
    Latitude
    30.301194

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    FAQs

    What type of property is this?
    Office property - Prime Austin office space available for lease.
    Where is this office property located?
    The property is located at 2951 RR 620 S Austin, TX.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: 2,218 sq ft office suite available for lease in Austin, TX.; Located in the Discovery Point II building with great views and ample parking.; Convenient access to major roadways and numerous nearby amenities.
    (512) 767-8654
    Request Owner's contact information
    2951 RR 620 S Austin, TX 78738
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    Austin, TX 78738
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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
    2951 RR 620 S Austin, TX 78738
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