#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
Turnkey, stabilized medical office investment in the heart of the high-growth Cedar Park/Leander corridor. With a compelling 6.62% average cap rate 5/1/26-4/31/31, the property delivers durable cash flow supported by 5+ year term NNN leases underwritten by strong guarantors, and aggressive scheduled rent growth (historically exceeding 3% annually). The 6,573 SF asset was constructed in 2018 on a highly visible 1+ AC hard corner traveled by 18K+ vehicles daily. It is 100% leased to two established medical practices, a leading rheumatology group and a high-performing orthodontics practice, each with 5+ year terms. Both tenants benefit from proximity to dense residential neighborhoods, top-rated schools, senior housing, and a robust patient base, reinforcing long-term tenancy and demand. Predictable income with built-in growth, well-established medical tenants, and strong fundamentals in a market widely recognized as one of the best places to live and invest in Texas.
Property Type
Commercial Sale
Year Built
2017
Lot Size
1.05 acres
Listed by Compass RE Texas, LLC
Verified property facts
2005 N Lakeline Blvd is listed at $3,150,000 with 0 bedrooms, 1.05-acre lot. This places it above the ZIP 78613 single-family closed-sale median price of $647,000 (ZIP 78613 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 5, 2026).
2005 N Lakeline Blvd is a Commercial Sale built in 2017 featuring 0 bedrooms, 1.05-acre lot.
2005 N Lakeline Blvd is listed by Compass RE Texas, LLC. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 6, 2026.
This page does not assume a mortgage rate or publish a monthly payment for 2005 N Lakeline Blvd. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
#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
Parking
1 record on file
Every recorded listing, sale, and lease at 2005 N Lakeline Blvd, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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.
20% ($630K)
Adjustable assumption - not a lending recommendation.
$3,150,000
Luxury property intelligence
A sourced read on Heritage Park Sec 4 pricing, timing, and property scale. No automated valuation claim.
List price
$3,150,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
249 days
Original to current
No verified reduction
$3.2M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 6, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
As of Sep 6, 2026, 2005 N Lakeline Blvd is offered at $3,150,000. The current MLS snapshot shows 201 active listings in 78613. Keenan Group has completed 21 verified transactions in 78613 within its 1,000+ completed transactions and $1B+ career volume across Austin.
2005 N Lakeline Blvd was built in 2017, making it 9 years old with relatively recent construction.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Comparable homes that recently closed in this area
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