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Property profile & analytics
OFF-MARKET
Office buildings

2105 Rnch Rd 620th N Lakeway, TX 78734-2617

1,612 SF 0.64 ac lot Built 1993
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US82-3161443
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1993
Construction WOOD FRAME
Total area 1,612 SF
Lot 0.64 ac (27,682 SF)
APN 147630425
UPID US82-3161443
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Brc Adventures LLC · 9 yrs held
Brc Adventures LLC
since 2016
6 recorded transactions
2022
Price N/A
2016
Price N/A
2009
Price N/A
2001
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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