
Rare opportunity to acquire a fully built-out 2nd generation restaurant positioned along the high-traffic RM 620 corridor at the signalized intersection of RM 620 & Anderson Mill Rd. The property features approximately 6,120 SF on 1.525 acres with exceptional parking, strong frontage, and exposure to approximately 45,000 vehicles per day.
Originally constructed for restaurant use, the property includes a fully equipped commercial kitchen, existing FF&E, multiple HVAC units, patio dining areas, and established operational infrastructure allowing for immediate occupancy and significantly reduced startup costs for restaurant operators, franchise groups, or owner-users.
The site presents a compelling opportunity for both owner-users seeking a turnkey restaurant location and investors targeting lease-up, repositioning, or long-term redevelopment potential within one of Northwest Austin’s strongest growth corridors. Adjacent to Wendy’s and Spicy House Restaurant with convenient access to Cedar Park, Leander, and Northwest Austin trade areas.
Financial figures are based on historical operations and market assumptions and are provided for illustrative purposes only. Property is currently vacant. Buyer to independently verify all financial information, zoning, intended use, and future development potential.
Property is located within the RM 620 corridor expansion study area. Buyer to independently verify all future roadway plans, timelines, and potential impacts.
Property Type
Commercial Sale
Year Built
2002
Lot Size
1.52 acres
Garage
101 spaces
Listed by Mallach and Company
Verified property facts
11620 N FM 620 is listed at $4,350,000 with 0 bedrooms, 1.52-acre lot. This places it above the 78750 median of $715,000.
11620 N FM 620 is a Commercial Sale built in 2002 featuring 0 bedrooms, 1.52-acre lot.
11620 N FM 620 is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 11620 N FM 620 is $72,848. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
With 20% down ($870,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 11620 N FM 620 is around $28,642 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Flooring
Construction
Foundation
Parking
Listing timeline with current price, original ask, and market time.
District context schools are shown because address-level assigned school fields are not available for this property. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($870K)
$4,350,000
Luxury property intelligence
A sourced read on Daves Sub pricing, timing, and property scale. No automated valuation claim.
List price
$4,350,000
Price per sqft
Not available
Vs. Daves Sub median
Not available
Days on market
40 days
Original to current
No verified reduction
$4.4M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 15, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $4,350,000, 11620 N FM 620 is in the Daves Sub market where there are currently 41 active listings in 78750. The Keenan Group has completed 21 transactions in 78750 as part of 1,000+ career sales totaling $1B+ across Austin.
11620 N FM 620 sits on a 1.52-acre lot, providing substantial outdoor living space. Properties of this scale in Austin's luxury market typically feature pool areas, outdoor kitchens, and mature landscaping. Confirm specific amenities with the listing agent.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Somewhat Walkable
No Nearby Transit
Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Daves Sub
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