15400 Nightingale Ln Lakeway, TX 78734
This exceptional 3.503-acre commercial land parcel is strategically located on the east side of RR 620 at Nightingale Lane in Lakeway, Texas. Situated just south of Lake Travis Elementary School, this property offers high visibility and convenient access. The land is comprised of two parcels in a largely rectangular configuration. Note that a portion of the original acreage was acquired by the Texas Department of Transportation for a detention pond. The front 1.014 acres are currently zoned C-1. The City of Lakeway and Travis County are working to rezone the remaining rear acreage for commercial use, presenting a significant opportunity for future development. Essential utilities are readily available, with water and wastewater services provided by WCID #17. An 8-inch water line runs along RR 620, and wastewater lines are located just two blocks north. This property presents a unique opportunity for developers seeking a prime location in the thriving Lakeway market. Its size, zoning potential, and proximity to key infrastructure make it an ideal site for a variety of commercial ventures. The high visibility and convenient access to RR 620 ensure strong potential for attracting customers and clients.
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.