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Investment Highlights

  • Excellent visibility and accessibility at the gateway to Lago Vista
  • Flexible layout suitable for medical, executive office, legal, financial, or mixed professional users
  • Two-story multi-tenant office building with strong Hill Country presence
  • Nearby retail, dining, and service amenities support strong daytime traffic including Brookshire Brothers, Dollar General etc.

Executive Summary

20624 RM 1431, known as The Casey Building, is a high end professional office asset positioned along the primary commercial corridor serving Lago Vista and the North Lake Travis area. Designed with upscale Hill Country architecture, the property features 9 professional office suites within a two story executive style environment ideal for investors,
owner occupants, medical users, professional services, or boutique firms seeking a premium presence in a rapidly expanding market. The property offers existing rental income from established long term tenants while still providing flexibility for an owner occupant to offset operational costs through in place tenancy.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
13,468 SF
Building Class
B
Year Built
2008
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,500 SF
Slab To Slab
14’
Building FAR
0.26
Lot Size
1.19 AC
Zoning
Commercial
Parking
52 Spaces (3.86 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Atrium
  • Controlled Access
  • Signage
  • Wheelchair Accessible
  • Air Conditioning
  • Balcony
  • Smoke Detector

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Casey Building Company
  • -
  • -
  • -
  • -
  • Casey Homes
  • Construction
  • -
  • -
  • -
  • Finance and Insurance
  • -
  • -
  • -

Farmers Insurance began in 1928 with a focus on insuring the vehicles of rural farmers and ranchers, then expanded into a broad insurance business serving households and businesses across the United States. The company offers coverage for home, auto, life, business, recreational vehicles, and other specialty needs, and also provides financial products through multiple companies, brands, and distribution channels. Farmers Insurance reaches customers through a network of exclusive agencies, independent agents, and direct sales channels, while business insurance spans property, liability, crime, and industry-specific coverage options.

  • Harbor America
  • -
  • -
  • -
  • -
  • Travis County Emergency Services District #1
  • Public Administration
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Casey Building Company - - - -
Casey Homes Construction - - -
Finance and Insurance - - -
Harbor America - - - -
Travis County Emergency Services District #1 Public Administration - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 6,734 SF
  • Office
  • Full Build-Out
  • Now
  • 2nd Floor
  • 6,734 SF
  • Office
  • Full Build-Out
  • Now
Space Size Space Use Build-Out Available
1st Floor 6,734 SF Office Full Build-Out Now
2nd Floor 6,734 SF Office Full Build-Out Now

1st Floor

Size
6,734 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

2nd Floor

Size
6,734 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

1st Floor

Size 6,734 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
773639
Land Assessment
$43,597 CAD
Improvements Assessment
$604,437 CAD
Total Assessment
$648,034 CAD
  • Listing ID: 40633221

  • Date on Market: 2026-05-22

  • Last Updated:

  • Address: 20624 Hwy 1431, Lago Vista, TX 78645

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