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3205 Ranch Road 620 N
Austin, TX 78734
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
1,800 SF
Building Class
C
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.32 AC
Zoning
Austin - ETJ
Parking
50 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
100’ on Ranch Road 620 North

ABOUT 3205 RANCH ROAD 620 N , AUSTIN, TX 78734

The full property is improved with an existing 3,000 sf building that could be easily suitable for your needs as well as an additional lot with approximately 5,000 sf of additional development capacity. The Subject Property is located along Hwy 620, just north of the City of Lakeway at the intersection of Hwy 620 and General Williamson Drive. The site is strategically located between Lakeway to the south and Steiner Ranch to the north. With excellent location and strong surrounding demographics, this property also boasts high barriers to entry in the submarket. The area boasts excellent schools and is constantly capturing the residential growth patterns of the region. The Lakeway and Steiner Ranch both have populations of around 15,000 people each, not to mention all of the residents in the areas between. Travis at the Lake is a Brand New 232 Class A Apartment complex located directly across the street. SURROUNDING AMENITIES: The site is located between Lakeway and Steiner Ranch, offering a great marketing window and visibility. Over the past 10 years, the Lake Travis area has exploded in growth. This transition has helped bring the development to the area including but not limited to the new Hill Country Galleria, Lakeway Regional Medical Center, and Four Points Centre. Western Travis County and the Lake Travis area in particular are considered to be among the most desirable submarkets in the Austin metropolitan area. The area boasts proximity and easy access to Lake Travis, the largest of the chain of “Highland Lakes” along the Colorado River. Velocity Business Park is strategically located in the Lake Travis submarket. With no zoning, this property has the ultimate potential to serve the strong demographics and values located in the Lake Travis area. GRANDFATHERED DEVELOPMENT RIGHTS: The site is grandfathered to higher impervious cover and development rights tied to plat date. Water Quality and Detention requirements are full met with existing concrete pond for increased use of the site and cost savings as it is already in place.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 542477
  • 154464
Land Assessment
$810,348
Improvements Assessment
$261,255
Total Assessment
$1,071,603
  • Listing ID: 15922963

  • Date on Market: 5/1/2019

  • Last Updated:

  • Address: 3205 Ranch Road 620 N, Austin, TX 78734

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