11620 N Fm 620, Austin, TX 78750 - Photo 1

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$3,900,000

For Sale
Active
Retail
6,120 Sq. Ft.
1.525 Acres

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Property Description

Rare opportunity to acquire a fully built-out 2nd generation restaurant positioned along the high-traffic RM 620 corridor at the signalized intersection of RM 620 & Anderson Mill Rd. The property features approximately 6,120 SF on 1.525 acres with exceptional parking, strong frontage, and exposure to approximately 45,000 vehicles per day. Originally constructed for restaurant use, the property includes a fully equipped commercial kitchen, existing FF&E, multiple HVAC units, patio dining areas, and established operational infrastructure allowing for immediate occupancy and significantly reduced startup costs for restaurant operators, franchise groups, or owner-users. The site presents a compelling opportunity for both owner-users seeking a turnkey restaurant location and investors targeting lease-up, repositioning, or long-term redevelopment potential within one of Northwest Austin's strongest growth corridors. Adjacent to Wendy's and Spicy House Restaurant with convenient access to Cedar Park, Leander, and Northwest Austin trade areas. Financial figures are based on historical operations and market assumptions and are provided for illustrative purposes only. Property is currently vacant. Buyer to independently verify all financial information, zoning, intended use, and future development potential. Property is located within the RM 620 corridor expansion study area. Buyer to independently verify all future roadway plans, timelines, and potential impacts.

Full Property Details

Full Property Details for 11620 N FM 620

General

Price: $3,900,000
Taxes: $72,847 (2025)
Status: Active
Type: Retail
Source: Austin_MLS
MLS ID: 2147876
Updated: 9/12/2026
Added to Site: 160 day(s) ago

Interior

Furnished: Yes
Furnishings: Furnished
Flooring: Tile, Vinyl

Additional Information

Security/Safety: Security System, Security Service, Prewired
Equipment: Irrigation Equipment

Parking

Total Spaces: 101
Parking Features: Outside, Parking Lot

Location

Area: CLS
County: Williamson
Subdivision: Daves Sub
Building Name: Freestanding Restaurant Opportunity
Driving Directions: Located at the signalized intersection of RM 620 & Anderson Mill Rd in Northwest Austin/Cedar Park. Property is situated on the east side of RM 620 adjacent to Wendyâ€™s and Spicy House Restaurant.

Heating & Cooling

Central air: Yes
Air Conditioning: Yes
Cooling Type: Central Air, Electric, Multi Units
Heating Type: Central

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Electricity Connected, Natural Gas Connected, Water Connected

Structural Information

# Buildings: 1
Detached/Attached: Detached
Construction: Masonry, Stone, Stucco
Stories/Levels: 1
Square Feet: 6,120
Sq. Ft. Source: Public Records
Current Bldg. Use: Commercial, Restaurant, Retail
Year Built: 2002
Year Built Source: Public Records
Property Condition: Resale

Additional Structures

Other Structures: None

Lot Features

Lot Size (Acres): 1.525
Lot Size (Sq. Ft.): 66,429

Financial Considerations

Operating Expenses: $100,000
Assessment Amount: $3,680,385
Tax Amount: $72,847.77
Tax Year: 2025
Terms: Cash, Conventional, SBA Type Loan

Disclosures and Reports

Special Conditions: Standard
Documents Avail.: Aerial, Appraisal, Survey
Legal Description: S8061 - DAVES SUB (LTS 3-5 BLK A AMENDED), BLOCK A, LOT 3A, ACRES 1.525
Disclosures/Reports: Other, Seller Disclosure
Property ID: 17W323350A0003A009
Block: A
Lot Number: 3A

Listed by Mallach and Company

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— 11620 N FM 620 —

Mallach and Company

(512) 663-3869

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Schools

Schools serving 11620 N FM 620

School District:Leander Independent School District

Name	Grades	Distance
Cypress Elementary School 2900 El Salido Parkway, Cedar Park, TX 78613	K-5	0.8 mi
Deer Creek Elementary School 2420 Zeppelin Drive, Cedar Park, TX 78613	PK-5	2.4 mi
Cedar Park Middle School 2100 Sun Chase Boulevard, Cedar Park, TX 78613	6-8	1.4 mi
Cedar Park High School 2150 Cypress Creek Road, Cedar Park, TX 78613	9-12	1.5 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 11620 N FM 620 Get Price Alerts and Save Property

Date

Details

Price

Change

Source

9/12/2026

Price Reduced

$3,900,000

-10.34%

MLS

5/06/2026

Listed

$4,350,000

—

MLS

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 11620 N FM 620

Year

Property Taxes

Change

Tax Assessment

Change

2025

$160,982

10%

$8,113,352

3%

2023

$146,770

-1%

$7,900,000

9%

2022

$147,546

-9%

$7,250,000

—

2021

$162,237

-5%

$7,250,000

-1%

2020

$170,763

-1%

$7,300,000

-8%

2020

$172,836

62%

$7,955,050

74%

2018

$106,700

25%

$4,581,492

26%

2017

$85,244

217%

$3,647,675

222%

2016

$26,898

53%

$1,133,682

54%

2015

$17,631

-2%

$736,622

1%

2013

$18,058

—

$729,673

—

2013

$18,058

—

$729,886

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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11620 N Fm 620, Austin, TX 78750 (MLS# 2147876) is a Retail property. 11620 N Fm 620 is currently listed for $3,900,000 and was received on May 06, 2026. Want to learn more about 11620 N Fm 620? Do you have questions about finding other Retail real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

11620 N FM 620 Austin, TX 78750