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5126194332

Pascal Munnelly

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20500 FM 1431ActiveSave

Lago Vista, TX 78645

1400000-100.0%

-1Bed

-1Bath

-1SqFt

UPDATED

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Lot Size 0.800 Acres

Year Built 2001

MLS Listing ID 3342864

Subdivision Bar-K Ranches Sec 05

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

Location

State TX

County Travis

Area Ln

Zoning C1

Interior

Heating Central

Cooling Central Air

Flooring Carpet,Laminate

Furnishings Unfurnished

Heat Source Central

Exterior

Pool Familial Relation

Community Features None

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

Waterfront Yes

Waterfront Description Waterfront,Lake

View Y/N Yes

View Hills,Lake,River

Roof Type Metal

Topography Rolling

Street Surface Asphalt,Concrete,Paved

Accessibility Customized Wheelchair Accessible,Accessible Approach with Ramp,Accessible Doors

Parking Type None

Total Parking Spaces 24

Building

Lot Description Sloped Down,Near Golf Course,Rolling Slope

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

Others

Pets Restrictions No

Tax Amount $25,670

Tax Year 2018

Acceptable Financing Cash,Conventional,Lender Approval,VA Loan

Special Sale Standard

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Listing provided by Highland Lakes Real Estate

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Pascal Munnelly

Owner | License ID: 637338

5126194332

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Pascal Munnelly5126194332pascal.munnelly@gmail.com

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) for the period through 2021.®All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 last updated: 02/26/2021 05:52