Waterfront - Golf Course
Address
20500 FM 1431 Lago Vista, TX
Price
$ 1,400,000
Property Attributes
  • MLS#3342864
  • TypeCommercial
  • CountyTRAVIS
  • CityLago Vista
  • AreaLN
  • NeighborhoodBar-K Ranches Sec 05
  • Zip78645
  • StyleOffice
  • Year Built2001
  • Taxes25670
  • Price$ 1,400,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4996
  • Lot Size0.8 Acres
Listing Provided Courtesy Of:
Highland Lakes Real Estate
Property Description

HIGHWAY FRONTAGE! Beautiful custom 2 story office building w/ 2500 sf up & 2500 sf down. Down divided into 3 separate offices. 2 end units larger than middle unit of 343 sf. State Farm & Independence Title occupy the end units downstairs. Highland Lakes RE occupies the upstairs (avail. to new owner). All steel construction w/ stucco & Austin stone. Extremely well maintained. Original owner. Financials avail to qualified prospects only. The current lease rate is under the market of $18+ allowing the owner to retain industry-related tenants. Now $16.80 PSF + NNN. Room for an increase at lease renewal. Good 1031 target. *Pro Forma financial. Highland Lakes will honor it's lease.Restrictions: Yes

Price History
5/11/2020 Listed $1,400,000

General Features

Accessibility CustomizedWheelchairAccessible, AccessibleApproachwithRamp, AccessibleDoors
Building Features MeetingRooms, NoLoading, PrivateRestrooms
Community Features None
Current Use Office
Flooring Carpet, Laminate
Heating Central
MLS Area LN
Parking Features None
Pets Allowed No
Pool Features None
Private Pool No
Property SubType Office
Property Type CommercialSale
Roof Metal
Sewer PublicSewer
Spa Features None
Special Listing Conditions Standard
Terms Cash, Conventional, LenderApproval, VALoan
Topography Rolling
Total Units 4
View Hills, Lake, River
Waterfront Features Waterfront, Lake
Zoning C1
Zoning Description C1

Interior Features

Air Conditioning Y/N Yes

Exterior Features

Building Area Total 4996.0
Covered Spaces 24.0
Foundation Details Slab
Horse Y/N No
Lot Features SlopedDown, NearGolfCourse, RollingSlope
Lot Size Acres 0.8
Lot Size Area 0.8
Lot Size Source PublicRecords
Number of Buildings 1
Road Surface Type Asphalt, Concrete, Paved
Spa No
View Y/N Yes
Water Source Public
Waterfront Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 78645

Price
AVG $430K
$1.4M
Taxes
AVG $3,672
$25,670
Visits
AVG 62
78
Year Built
AVG 2007
2001

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