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$1,500,000 Just Listed
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Property Description
Fronting Ranch Road 620- with 35,300 vehicles per day-this multi-tenant office property delivers immediate income with future flexibility. The 3,904 SF building sits on an improved ±20,577 SF (0.4724 acres) site and is fully leased to long-standing tenants. While most tenants have operated from the property for years, lease expirations are near-term, creating a natural inflection point for a new owner to reposition the asset and capture market rent growth. A new roof completed in 2024 addresses a major capital item and supports a value-add strategy focused on repositioning, leasing, and long-term asset optimization. The offering also includes an adjacent ±12,000 SF undeveloped parcel, with both parcels zoned C-1 (Office / Retail). This zoning provides flexibility for future expansion, alternative commercial uses, or longer-term redevelopment strategies, enhancing the property's covered land value. An ideal acquisition for investors who understand that income provides stability, lease rollover creates upside, and zoning creates options.
Full Property Details
Full Property Details for 801 Ranch Rd 620 S
General
- Price: $1,500,000
- Taxes: (2025)
- Status: Active
- Type: Commercial
- Source: Austin_MLS
- MLS ID: 6789037
- Updated: 1/15/2026
- Added to Site: 3 day(s) ago
Rental Information
- Lease Info: NN
Additional Information
- Equipment: None
Parking
- Total Spaces: 20
- Parking Features: Additional Parking, See Remarks
Location
- Area: LS
- County: Travis
- Subdivision: Cardinal Hills
- Driving Directions: Located at 801 South Ranch Road 620 and accessible from North or South 620. Located on the East side of 620 between Murfin Rd and Lakeway Blvd.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Electric, Multi Units, Varies by Unit
- Heating Type: See Remarks
Utilities
- Sewer: Aerobic Septic
- Water: Public
- Utility Description: Electricity Connected
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Builder: 801 S Ranch Road 620
- Construction: Vinyl Siding, Wood Siding
- Stories/Levels: 2
- Square Feet: 3,904
- Sq. Ft. Source: Public Records
- Current Bldg. Use: Office
- Year Built: 1970
- Year Built Source: Public Records
- Property Condition: See Remarks
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.4724
- Lot Size (Sq. Ft.): 20,577.74
- Lot Size Source: Public Records
- Topography: Level
- Lot Features: Flat
Financial Considerations
- Operating Expenses: $55,399
- Assessment Amount: $869,363
- Tax Year: 2025
- Terms: Cash, Committed Funds
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial, Survey
- Multiple Parcels: Yes
- Legal Description: ABS 738 SUR 24 SUHALZER F ACR 0.4724
- Disclosures/Reports: Lead Based Paint Disclosure, Other
- Property ID: 1376803350000
Listed by Compass RE Texas, LLC
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Schools
Schools serving 801 Ranch Rd 620 S
School District:Lake Travis Independent School District
| Name | Grades | Distance |
|---|---|---|
Lakeway Elementary School 1701 Lohmans Crossing Road, Austin, TX 78734 | K-5 | 1 mi |
Hudson Bend Middle School 15600 Lariat Trail, Austin, TX 78734 | 6-8 | 2.8 mi |
Lake Travis High School 3324 Ranch Road 620 South, Austin, TX 78738 | 9-12 | 2 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 801 Ranch Rd 620 S
Date
Details
Price
Change
Source
1/15/2026
Listed
$1,500,000
—
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 801 Ranch Rd 620 S
Year
Property Taxes
Change
Tax Assessment
Change
2024
$16,094
—
$869,363
-2%
2024
$16,094
4%
$884,899
-1%
2022
$15,469
—
$894,995
3%
2022
$15,469
-5%
$866,584
7%
2021
$16,335
-8%
$812,460
-3%
2020
$17,850
-4%
$836,846
8%
2020
$18,684
17%
$773,177
6%
2018
$15,948
10%
$727,800
17%
2016
$14,551
—
$621,390
-5%
2017
$14,534
18%
$654,567
21%
2015
$12,275
30%
$540,574
27%
2013
$9,474
-6%
$427,225
7%
2014
$10,097
—
$400,873
—
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 801 Ranch Rd 620 S
801 Ranch Road 620 S, Lakeway, TX 78734 (MLS# 6789037) is a Commercial property. 801 Ranch Road 620 S is currently listed for $1,500,000 and was received on January 15, 2026. Want to learn more about 801 Ranch Road 620 S? Do you have questions about finding other Commercial real estate for sale in Lakeway? You can browse all Lakeway real estate or contact a Coldwell Banker agent to request more information.

