Hill Country Restaurant
3480 Ranch to Market Rd 620, Bee Cave, TX
For Sale
Contact for pricing
Second-generation restaurant space near Lakeway Regional Medical Center.
Property Size5,980 SF
Lot Size1.33 Acres
Price / SF$484.95
Days on Market351
Property Features for 3480 Ranch to Market Rd 620
General Information
Standard status
Size
Lot size
Property subtype
Properties For Sale
at 3480 Ranch to Market Rd 620
3480 Ranch Rd 620 S
AVAILABLE, Now
Size
5,980 SF
Type
RETAIL
Sublease
No
Listing Agency:
SRS Real Estate Partners - Corporate
(214) 560-3200
Listed By:
Mark Reeder · License #318755
(214) 560-3251
Source:
Moodyscre
Added: Nov 24, 2025
Changed: Nov 6
Last Checked: Nov 8 at 2:38AM
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 SRS Real Estate Partners - Corporate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This second-generation restaurant space is located in the Hill Country, benefiting from favorable demographics and a strong population base. The site is positioned at a signalized intersection less than one mile from Lakeway Regional Medical Center. It is also in close proximity to the Hill Country Galleria, which features 713,000 square feet of retail space, 285,000 square feet of office space, 300,000 square feet of apartments, and 100,000 square feet of residential condominiums. The property is situated at the main entrance of Falconhead, a golfing community with 400 lots. There are 77 parking spaces available. The CAM is $1,000 per year. The property is located at 3480 Ranch Rd 620 S, Bee Cave, TX and offers 5,980 square feet of space. The taxes were approximately $67,827 in 2021. This property is suitable for restaurants and retail businesses.
Key Highlights
- 2nd generation restaurant in the Hill Country, benefiting from excellent population and demographics.
- Close proximity to Hill Country Galleria (713,000 SF retail, 285,000 SF office, 300,000 SF apartments, 100,000 SF residential condominiums).
- Positioned at the main entrance of Falconhead, a 400 lot golfing community.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$112,819
Cap Rate
3.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,256,380
$2.3M
Cap Rate 7%
$1,611,700
$1.6M
Cap Rate 9%
$1,253,544
$1.3M
Market Conditions
NOI Build-Up for 5,980 SF
Gross rent
$155.7K $26.04/SF
− Vacancy
−$5.3K −$0.89/SF
EGI
$150.4K $25.15/SF
− OpEx
−$37.6K −$6.29/SF
NOI
$112.8K $18.87/SF
Area
Travis County, TX
Vacancy
3.40%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,256,380
Cap Rate 7%
$1,611,700
Cap Rate 9%
$1,253,544
Alternative Uses
Best Use
Specialty Retail
$1.61M
$1.41M – $1.88M
NOI $112,819 @ 7.0% cap · market cap 3.89%
Second Best
Retail
$1.50M
$1.32M – $1.75M
NOI $105,297 @ 7.0% cap · market cap 3.63%
Theoretical Best
Office A
$2.34M
$2.05M – $2.73M
NOI $164,035 @ 7.0% cap · market cap 5.66%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
32
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Restaurant - Second-generation restaurant space near Lakeway Regional Medical Center.
Where is this restaurant located?
The property is located at 3480 Ranch to Market Rd 620 Bee Cave, TX.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 2nd generation restaurant in the Hill Country, benefiting from excellent population and demographics.; Close proximity to Hill Country Galleria (713,000 SF retail, 285,000 SF office, 300,000 SF apartments, 100,000 SF residential condominiums).; Positioned at the main entrance of Falconhead, a 400 lot golfing community.
