3411 Ranch Road 620Austin, TX 78734

Property Details for 3411 Ranch Road 620

Year built

1980

Construction

WOOD FRAME

Lot size

3.86 AC

Property size (Sq ft)

2,030 SF

Property type

Retail space

APN

152600127

APU

152600127

Description

This exceptional 3.86-acre commercial property in Austin, Texas, presents a unique investment opportunity. Located at 3411 Ranch Rd 620, Travis County, zip code 78734, this 5,000 square foot property boasts nearly 460 feet of highway frontage on RR 620, offering extreme high visibility and a high traffic count. The property features a single-story building constructed in 1980, currently housing multiple tenants generating $11,000 in monthly income. Tenants include a smoke shop, nail shop, boat sales, and thrift shop. The nearly flat topography is ideal for new development, with potential uses including office buildings, retail spaces, restaurants, high-rise condos, or a convenience store—a notable absence in the surrounding area. The property benefits from three Texas Department of Transportation (TXDOT) entrances, providing excellent accessibility. Enjoy incredible views of Lake Travis and the Hill Country. The property is situated within the Lake Travis ISD. The asking price is $4,300,000. Financial details and current leases will be provided upon request. The seller is motivated and open to negotiations. This property is outside the Extraterritorial Jurisdiction (ETJ) of Austin, offering flexibility regarding impervious cover limits

• CAP approach

  CAP return

  Valuation

  6%

  $612,215

  6.5%

  $565,122

  7%

  $524,756

• Comparable approach

  Method

  Valuation

  Relative Method

  $632,072

  Geo Method

  $632,072

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,169,460

  Mixed-Use / Specialty

  $535,864

  Hospitality / Lodging

  $357,678

  Office

  $504,306

  Institutional / Educational

  $547,346

  Residential Income

  $640,395

  Multifamily

  $919,084

  Automotive / Energy

  $469,154

  Parking / Income-Based Land

  $188,815

  Restaurant / Food Service

  $220,566

  Healthcare / Senior Housing

  $577,456

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.3956

Longitude

-97.9321

CBSA code

12420

CBSA name

AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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