#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
Garage
33 spaces
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 78613 median of $655,000.
2005 N Lakeline Blvd is a Commercial Sale built in 2017 featuring 0 bedrooms, 1.05-acre lot.
2005 N Lakeline Blvd 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.
With 20% down ($630,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 2005 N Lakeline Blvd is around $22,120 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $3,150,000, 2005 N Lakeline Blvd is in the Heritage Park Sec 4 market where there are currently 215 active listings in 78613. The Keenan Group has completed 21 transactions in 78613 as part of 1,000+ career sales totaling $1B+ across Austin.
#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
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)
$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. Heritage Park Sec 4 median
Not available
Days on market
166 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 Jun 15, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
2005 N Lakeline Blvd was built in 2017, making it 9 years old with relatively recent construction.
2005 N Lakeline Blvd sits on a 1.05-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.
Best Match
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