Listed By: Guy Oberg Show Phone

Added: Jan 15, 2025 Changed: Mar 16

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Investment Insights

Based on property information with market context.

This 0.63-acre commercial property is located in Lakeway, Texas. Situated on FM 620, the property benefits from high visibility. The land offers flexibility due to the absence of zoning restrictions outside the City of Austin ETJ. The level lot provides accessibility and space suitable for various commercial uses, including potential flex industrial development. The property has approximately 40% impervious cover, with the potential to expand to 45% through rainwater collection. Its location offers proximity to both Lake Travis and Lake Austin. The seller will consider selling an adjacent 0.63-acre property with an office building for a combined 1.271 acres, presenting a development opportunity. The location ensures potential for attracting customers. The property's road frontage enhances its value and accessibility.

Property Analytics

Property Profile

Current Use

Land

Suggested Use

Top Pick Dental Office Restaurant Auto Parts Store Grocery & Convenience Store Food Market Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

391

Businesses Nearby

Explore this area Business Placement

Demographics for 78734, TX

22,963

Population

10,885

Households

2.1

Avg Household Size

47

Median Age

59%

College-Educated

94%

High-School Grad

18.9 sq mi

ZIP Area

1,215

Density / Sq Mi

$129,116

Median Household Income

$67,881

Median Earnings

$1,930

Median Rent

$626,100

Median Home Value

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Frequently Asked Questions

What type of property is this?

Land - Exceptional Commercial Property with Prime Visibility on FM 620

Where is this land located?

The property is located at 2101 Ranch Road 620 N Lakeway, TX.

What is the asking price?

The asking price for this property is $950,000.