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801 Ranch Road 620 S
Lakeway TX 78734 US

$1,500,000

Active Listing ID 6789037
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Lot: 0.47 Acres
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$1,500,000

Active Listing ID 6789037
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801 Ranch Road 620 S 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.

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Property Features

  • Facts
  • Lot Size: 0.47 Acres
  • Property Type: Residential
  • Property Sub-type: Other
  • Features
  • Cooling System: Electric, Ceiling Fan(s), Varies by Unit, Multi Units

Property

  • propertytype: Residential
  • propertysubtype: Other
  • listprice: 1500000
  • unparsedaddress: 801 Ranch Road 620 S
  • postalcity: Lakeway
  • stateorprovince: TX
  • country: US
  • postalcode: 78734
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.4724
  • lotsizeunits: Acres
  • lotsizearea: 0.4724
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 30.35610678
  • longitude: -97.95917745
  • listagentfullname: Kathy Denny
  • listagentemail: kathy.denny@compass.com
  • listagentkey: 3yd-ABORTX-403421
  • listagentmlsid: 403421
  • listagentpreferredphone: 5127184420
  • listagentofficephone: 5127184420
  • listofficekey: 3yd-ABORTX-700459
  • listofficemlsid: 700459
  • disclaimer: Copyright © 2026 UnlockMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: ABORTX
  • yearbuilt: 1970
  • listingcontractdate: 2026-01-15
  • listagenturl: https://www.compass.com/
  • countyorparish: Travis
  • parcelnumber: 01376803350000
  • cooling: Electric, Ceiling Fan(s), Varies by Unit, Multi Units
  • constructionmaterials: Vinyl Siding, Wood Siding
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 20
  • waterfrontyn: False
  • franchiseaffiliation: None
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -97.959175, 30.356108
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass RE Texas, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"kathy.denny@compass.com", "ListBrokerageCity":"Austin", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Support@Compass.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Compass RE Texas, LLC", "ListBrokeragePhone":"(214) 814-8100", "ListBrokeragePostalCode":"78704", "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"801 Barton Springs Rd.", "ListBrokerageWebsiteUrl":"https://www.compass.com/", "ListOfficeAddress1":"2500 Bee Caves Road Building 3, Suite 200", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"700459", "ListOfficeCity":"Austin", "ListOfficeCountry":"USA", "ListOfficeEmail":"Support@Compass.com", "ListOfficePostalCode":"78746", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Lakeway, TX", "ListingURL":null, "MLSModificationTimestamp":"2026-01-16 14:15:11", "Neighborhoods":[{"Description":null, "Name":"Cardinal Hills"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"ABS 738 SUR 24 SUHALZER F ACR 0.4724", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/16/2026 2:23:36 PM GMT
Source Updated Date: 1/18/2026 1:07:09 PM GMT

Courtesy of: Kathy Denny, Compass RE Texas, LLC, kathy.denny@compass.com

Copyright © 2026 UnlockMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.