2105 Rnch Rd 620th N Lakeway, TX 78734-2617
This exceptional 1,612 sq ft commercial property in Lakeway, TX, presents a unique investment opportunity. Situated on a 0.64-acre lot with significant road frontage on FM 620, it boasts unparalleled visibility and accessibility. The charming log-style office building features a full kitchen, 1.5 bathrooms, and multiple offices/bedrooms, offering versatile space ideal for a variety of businesses. A recently replaced metal roof ensures long-term durability. The property includes a fenced outdoor storage area, ample parking, and a level, secure lot with potential for expansion. The rear of the building offers additional space suitable for warehouse expansion. This location offers significant development potential, especially considering the availability of an adjacent 0.63-acre lot for sale separately at $950,000, totaling 1.271 acres. Located outside the City of Austin ETJ, this property benefits from no zoning restrictions, streamlining the development process and saving considerable time and permitting costs. The current impervious cover is 40%, with potential for expansion to 45% with rainwater collection. Its prime location in the heart of the Lake Travis area, minutes from both Lake Travis and Lake Austin, adds to its desirability. The property is in excellent condition and enjoys a reasonable tax rate, making it an attractive investment. The property is also available for lease at $6750 per month.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.