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$1,425,000 Just Listed
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Property Description
Gold Tier Real Estate is proud to present 427 Ranch Rd 620, Lakeway, Texas. This well located retail asset offers a strong opportunity for both an investor seeking upside and an owner user looking for frontage on one of the most trafficked corridors in the area. The building consists of three suites totaling 3,000 square feet, with each suite measuring 1,000 square feet. This suite size is highly desirable in the Lakeway retail market and provides flexibility for leasing, owner occupancy, or a combination of both. The property benefits from excellent visibility, strong traffic counts along Ranch Road 620, and prominent signage exposure. The current owner occupies one of the suites and is open to discussing a short term leaseback, if needed. Please contact the listing agent for additional information, rent roll, and financial details. *Broker makes no representations or warranties regarding the accuracy of the information provided.*
Full Property Details
Full Property Details for 427 Ranch Rd 620 S
General
- Price: $1,425,000
- Taxes: $23,872 (2025)
- Status: Active
- Type: Retail
- Source: Austin_MLS
- MLS ID: 3724561
- Updated: 2/23/2026
- Added to Site: 3 day(s) ago
Rental Information
- Lease Info: Gross
Interior
- Flooring: See Remarks
Additional Information
- Security/Safety: See Remarks
- Equipment: None
Exterior
- Exterior Features: Sprinkler/Irrigation
Parking
- Total Spaces: 17
- Parking Features: Parking Lot
Location
- Area: LS
- County: Travis
- Subdivision: Cardinal Hills Unit 03
- Driving Directions: From Austin, take TX-1 Loop S (MoPac Expressway) south and merge onto Texas State Highway 71 West toward Bee Cave. Continue for about 10 miles, then turn right onto Ranch to Market Road 620 North. Drive approximately 7 miles, and the building will be on your right at 427 S Ranch Rd 620 in Lakeway. The total drive is typically 25–35 minutes, depending on traffic.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Heat Pump
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Electricity Connected, Other, Water Connected
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Stone, Stucco
- Square Feet: 3,000
- Sq. Ft. Source: Appraiser
- Current Bldg. Use: Commercial, See Remarks
- Year Built: 2005
- Year Built Source: Public Records
- Property Condition: Updated/Remodeled
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.5946
- Lot Size (Sq. Ft.): 25,900.78
- Lot Size Source: Assessor
Financial Considerations
- Operating Expenses: $36,000
- Assessment Amount: $1,290,701
- Tax Amount: $23,872.9
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial, Financials, Rent Rolls
- Legal Description: LOT 9A CARDINAL HILLS UNIT 3 AMENDED PLAT OF LOTS 9&10
- Disclosures/Reports: None
- Property ID: 1396801220000
- Lot Number: 9A
Listed by Gold Tier Real Estate, LLC
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Schools
Schools serving 427 Ranch Rd 620 S
School District:Lake Travis Independent School District
| Name | Grades | Distance |
|---|---|---|
Lake Travis Elementary School 15303 Kollmeyer, Austin, TX 78734 | PK-5 | 0.9 mi |
Hudson Bend Middle School 15600 Lariat Trail, Austin, TX 78734 | 6-8 | 2.4 mi |
Lake Travis High School 3324 Ranch Road 620 South, Austin, TX 78738 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 427 Ranch Rd 620 S
Date
Details
Price
Change
Source
2/23/2026
Listed
$1,425,000
—
MLS
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 427 Ranch Rd 620 S
Year
Property Taxes
Change
Tax Assessment
Change
2024
$22,024
—
$1,290,701
-4%
2024
$22,024
-3%
$1,351,139
12%
2022
$22,656
—
$1,210,973
-3%
2022
$22,656
-6%
$1,245,883
4%
2021
$24,106
-11%
$1,198,981
-6%
2020
$27,218
—
$1,276,070
—
2020
$27,267
10%
$1,276,070
13%
2018
$24,729
13%
$1,128,489
15%
2016
$21,822
—
$981,135
—
2017
$21,810
15%
$981,686
17%
2015
$18,976
24%
$835,688
26%
2014
$15,317
-2%
$660,873
5%
2014
$15,619
—
$626,449
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 427 Ranch Rd 620 S
427 Ranch Road 620 S, Lakeway, TX 78734 (MLS# 3724561) is a Retail property. 427 Ranch Road 620 S is currently listed for $1,425,000 and was received on February 23, 2026. Want to learn more about 427 Ranch Road 620 S? Do you have questions about finding other Retail real estate for sale in Lakeway? You can browse all Lakeway real estate or contact a Coldwell Banker agent to request more information.

