3639 Ranch Rd Lakeway, TX 78734
This exceptional 2,948-square-foot retail building, situated on a 1.427-acre lot in Lakeway, Texas, presents a compelling investment or redevelopment opportunity. Currently vacant, the property is ideally suited for a quick-service restaurant, full-service restaurant, or bar, given its zoning and existing build-out. Located at 3639 Ranch Rd N, Austin, TX 78734, this property enjoys high visibility and accessibility due to its placement near a signalized intersection on a major thoroughfare. The site benefits from significant daily traffic counts, further enhanced by the planned Texas Department of Transportation (TxDOT) expansion of RR 620, promising increased accessibility and long-term value appreciation. Utilities are available on-site, and convenient ingress/egress points are readily accessible. The surrounding Hudson Bend area is a thriving community with established residential neighborhoods like Hudson Bend Colony, known for its upscale homes and proximity to Lake Travis. The area also boasts popular attractions such as Mansfield Dam Park, Lake Travis Zipline Adventures, and The Oasis on Lake Travis, drawing significant visitor traffic year-round. This property offers a unique blend of prime location, ample space, and growth potential, making it an attractive proposition for discerning investors and business owners. The asking price is $2,500,000, and the property is zoned for Travis County. A gross lease is available for short-term options.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.