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.
OWNER FINANCING AVAILABLE. CALL LB FOR DETAILS. Be a part of The Square at Lohman’s, Lakeway’s new downtown live, play, work project! This $500M project is being developed by Stratus Properties and Legend Communities and will bring Lakeway to a new level of sophistication and livability. The possibilities are endless as the new core of the City rises. This tract can be a residential or commercial build.
This is the last parcel of beautiful treed land in Lakeway. Shovel ready with City of Lakeway approved plans for 16 homes on 6.3 acres with land survey, topo survey, tree survey, Environmental Report, soils report, LUEs included, WCID#17 water & sewer, Austin Energy electric and propane available.
Outstanding corner commercial site in Lakeway consisting of 3 lots being sold together (approx .9 ac) with road frontage on 3 sides of the property. Level site with excellent visibility and access - approx 200 ft of RR 620 frontage near the Lexus dealership.Zoned C-1 with 60% impervious cover allowable. Driveway from RR 620 already in place. One of the best commercial sites in the lake area.

Lakeway is located in Texas. Lakeway, Texas has a population of 18,471. Lakeway is less family-centric than the surrounding county with 32.42% of the households containing married families with children. The county average for households married with children is 36.42%.
The median household income in Lakeway, Texas is $142,566. The median household income for the surrounding county is $85,043 compared to the national median of $69,021. The median age of people living in Lakeway is 49.2 years.
The average high temperature in July is 94.5 degrees, with an average low temperature in January of 39 degrees. The average rainfall is approximately 34.4 inches per year, with 0.3 inches of snow per year.