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Crystal Olenbush

  • 20500 Fm 1431

  • $1,400,000
  • 0.80 Acres Commercial Sale Lago Vista, TX 78645

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

Essential Information

  • MLS® #3342864
  • Price$1,400,000
  • Bathrooms0.00
  • Acres0.80
  • Year Built2001
  • TypeCommercial Sale
  • Sub-TypeOffice
  • StatusActive Under Contract

Community Information

  • Address20500 Fm 1431
  • SubdivisionBar-K Ranches Sec 05
  • CityLago Vista
  • CountyTravis
  • StateTX
  • Zip Code78645


  • FeaturesNone
  • ParkingNone
  • ViewHills, Lake, River
  • Is WaterfrontYes
  • WaterfrontWaterfront, Lake


Cable Available, Electricity Available, High Speed Internet Available, Other


  • InteriorCarpet, Laminate
  • HeatingCentral
  • CoolingCentral Air


  • RoofMetal
  • ConstructionConcrete, Synthetic Stucco
  • FoundationSlab

Lot Description

Sloped Down, Near Golf Course, Rolling Slope

Additional Information

  • ZoningC1

Map & Directions

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Property Listed by: Highland Lakes Real Estate

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from May 5th, 2021 at 8:06pm CDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.