Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Lago Vista Professional Office Space Title is generated by Realmo AI

    20500 FM 1431, Lago Vista, TX

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Class A office building in Lago Vista with great visibility.

    Type:OFFICE
    Property size:
    996 SF
    Lot size:
    0.80 Acres
    Added:
    Nov 25, 2025
    Days on Market:
    189
    Last Refresh:
    May 20 at 8:44 pm

    Property Features for 20500 FM 1431

    General Information

    Standard status
    Active
    Size
    996 SF
    Lot size
    0.80 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 20500 FM 1431 Contact us

    We can help!

    Listing Contact
    Shelly Morgan
    Shelly Morgan

    Listing agent Shelly Morgan License #509529

    Listing office Don Quick & Associates, Inc.

    Listing date Nov 25, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Don Quick & Associates, Inc.

    HighLights

    • Class A professional office building in a prime Lago Vista location with high visibility and views.
    • Versatile creative space suitable for a variety of professional uses.
    • Updated finish out with light‑filled open spaces, high ceilings, and arched walkways.
    • Ample parking with 24 spaces.
    • Tranquil environment close to Lago Vista amenities.
    • Austin limestone and steel construction.

    Overview

    This Class A professional office building, constructed with Austin limestone and steel, is situated in the heart of Lago Vista, offering high visibility, a prime location, and scenic views. The creative space is positioned near retail establishments and residential areas. It is suitable for various professional uses, including medical practices, law firms, real estate brokerages, financial services, architectural firms, engineering companies, design studios, medi-spas, counseling centers, psychotherapy practices, professional service providers, learning or tutoring centers, clinics, primary care facilities, and physician's offices. The 996-square-foot space features light-filled open areas with high ceilings, arched walkways, a bullpen area, and updated finishes. The property includes 24 parking spaces and provides a tranquil environment, conveniently located near Lago Vista amenities. The intended use of the property is for professional office space.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Map

    City
    Lago Vista
    County
    Travis
    State
    Texas
    Longitude
    -97.9883477
    Latitude
    30.4601975

    Nearby Similar for Lease

    • Contact for pricing
      14,610-14,610 SF

      Lago Vista Retail Opportunity

      Retail opportunity in Lago Vista with ample space and parking.
      20811 Dawn Dr Lago Vis # TX 78645, Lago Vista, TX 78645
      View Details
    • $560/Mo

      Two-Room Office Space Available

      Two-room office space for rent with included utilities.
      20511 Dawn Dr 204, Lago Vista, TX 78645
      View Details
    • $32 SF/Yr
      15,000 SF

      Lago Vista Retail Space

      Retail space available for lease in Lago Vista, Texas.
      8039 Bronco Ln, Lago Vista, TX
      View Details
    • Contact for pricing
      6,480 SF

      Retail Space Near Shopping Centers

      Retail space with flexible design and easy access to RM 1431.
      7600 Lohman Ford Rd, Lago Vista, TX
      View Details

    FAQs

    What type of property is this?
    Office units - Class A office building in Lago Vista with great visibility.
    Where is this office units located?
    The property is located at 20500 FM 1431 Lago Vista, TX.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: Class A professional office building in a prime Lago Vista location with high visibility and views.; Versatile creative space suitable for a variety of professional uses.; Updated finish out with light‑filled open spaces, high ceilings, and arched walkways.
    (512) 255-3000 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Shelly Morgan
    Shelly Morgan
    Real Estate License ID: 509529
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    20500 FM 1431, Lago Vista, TX
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!