Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    20405 Dawn Dr Lago Vista, TX 78645

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime .52-acre commercial lot, C-1 zoned.

    Property Features for 20405 Dawn Dr

    General Information

    Property type
    Land
    Lot Size
    22,782 SF

    We can help!

    Listing Contact
    Crystal Wisdom
    Crystal Wisdom

    Listing Agency: White Label Realty Co Listing Agent: Crystal Wisdom

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

    Learn more

    Property Insight Report

    Overview

    Exceptional commercial land opportunity in Lago Vista, Texas, awaits development. This 0.52-acre parcel, zoned C-1, comprises five contiguous, flat, and buildable lots, ideal for an office or retail project. Located in a thriving area, this property offers unparalleled convenience, situated within walking distance of the Police Station, City Hall, POA, Public Library, Metro Bus Stop, and Elementary School. The property's strategic location benefits from proximity to established businesses including Lowe's, CVS, the Post Office, Sonic, Ace Hardware, and the Lago Vista Retail Center. Lago Vista's desirable location in the Texas Hill Country, with lake access, boasts A+ rated schools and numerous amenities such as nine Lake Travis waterfront parks, a marina, boat ramps, a pool, fitness center, tennis courts, and playgrounds. This property presents a unique chance to capitalize on the commercial growth within this rapidly expanding lakeside community. The asking price is $450,000. Prospective buyers are responsible for verifying zoning, building requirements, utilities, and any applicable restrictions.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Auto Repair Shop Hair Salon Kitchen & Bath Showroom Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Lago Vista
    County
    Travis
    State
    Texas
    Longitude
    -97.98423332216
    Latitude
    30.453310463296

    Nearby Similar for Sale

    • Contact for pricing
      14,610 SF

      Lago Vista Travis Plaza

      20811 Dawn Dr Lago Vista, TX 78645
      20811 Dawn Dr Lago Vis # TX 78645, Lago Vista, TX 78645
      View Details
    • $469,500

      Lago Vista Quadplex For Sale

      Quadplex in growing lakeside community with lake access and amenities.
      5608 Clubhouse Dr, Lago Vista, TX 78645
      View Details
    • $565,000

      Lago Vista Specialty Property

      Specialty property available for sale in Lago Vista, Texas.
      20105 Park Strip St, Lago Vista, TX 78645
      View Details
    • $469,500

      Lago Vista Quadplex For Sale

      Four-unit multifamily property in growing lakeside community with amenities.
      5608 Clubhouse Dr, Lago Vista, TX 78645
      View Details
    • $1,750,000

      Lago Vista Apartment Building

      Ten-unit apartment building with lake and hill country views.
      20802 Bonanza St, Lago Vista, TX 78645
      View Details
    • $399,500

      Lake Travis Condo with Rental Potential

      Updated condo with lake views, resort amenities, and rental income.
      3404 American Dr, Lago Vista, TX 78645
      View Details
    • $3,600,000
      2,902 SF

      Lago Vista Office Complex - 4 Duplexes

      Fully Leased, 8-Unit Office Complex, High ROI
      21210 Portsmouth Cv, Lago Vista, TX 78645
      View Details
    • $399,500

      Updated Condo with Lake Travis Views

      Updated 3-bedroom condo with lake views and resort-style amenities.
      3404 American Dr, Lago Vista, TX 78645
      View Details
    • Contact for pricing
      14,610 SF

      Lago Vista Office Building For Sale

      Prime Office Space, Ample Parking, High Visibility
      20811 Dawn Dr, Lago Vista, TX 78645
      View Details
    • $3,600,000
      11,608 SF

      New Construction Duplexes For Sale

      Fully leased, income-producing new construction duplexes with amenities.
      21210 Portsmouth Cv, Lago Vista, TX
      View Details
    • Contact for pricing
      66,296 SF

      Lago Vista Village Shopping Center

      Prime Retail Center in Lago Vista, TX
      20900 Farm To Market Rd 1431, Lago Vista, TX 78645
      View Details
    • Contact for pricing

      Remodeled Office Building Investment

      Remodeled office building with 100% occupancy and great frontage.
      20811 Dawn Dr, Lago Vista, TX
      View Details

    FAQs

    What type of property is this?
    Land - Prime .52-acre commercial lot, C-1 zoned.
    Where is this land located?
    The property is located at 20405 Dawn Dr Lago Vista, TX.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Five commercial lots available.; C-1 zoning.; 0.52-acre parcel.
    (512) 994-7090 Call to check price and availability
    Request Owner's contact information
    20405 Dawn Dr Lago Vista, TX 78645
    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.
    20405 Dawn Dr
    Lago Vista, TX 78645
    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
    20405 Dawn Dr Lago Vista, TX 78645
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Crystal Wisdom
    Crystal Wisdom
    Real Estate License ID: 723374
    (512) 994-7090
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!