— bed, — bath on 0.60 acres in Lago Vista. Lago Vista, TX 78645. $1,750,000.
About This Home
20811 Dawn Dr. provides accessibility, efficiency, and parking that value-driven office tenants desire. Multiple suite sizes available to accommodate the needs of smaller or larger scaling business. $1.50/sf/month - $2.25/sf/month depending on suite amenities. This is a full-service lease, NO triple net (NNN). The landlord pays for water and electricity. The lease rate includes common areas.
At 20811 Dawn Dr, the key fact is simple: this is a 0.5996-acre commercial office property in Lago Vista offered at $1.75 million with full-service leasing terms that remove the usual NNN expense layer. In Lago Vista, TX 78645, 20811 Dawn Dr stands out because it combines land size, flexible suite options, and operating efficiency in one of the city’s main business areas in Travis County.
This is a 1971-built office asset in the Lago Vista area, positioned for tenants or owner-users who care about access, parking, and monthly cost control more than flashy finishes. Reported lease pricing ranges from $1.50 to $2.25 per square foot per month depending on suite configuration, with water, electricity, and common areas included. That matters in a market where occupancy cost can shift quickly once triple net charges are added back in. Here, the structure is clearer and easier to underwrite. Square footage has not been published, so a true sale price per square foot is not yet available, but the lease rate range gives a useful benchmark for evaluating income potential and tenant demand.
The location works because it connects to the daily patterns of Lago Vista rather than sitting off the grid. FM 1431 is the town’s main east-west artery, and Lohman Ford Road links users back toward core residential neighborhoods, marinas, and Lake Travis activity. For businesses serving Lago Vista residents, Point Venture traffic, or clients moving along the north shore corridor, that road access is the real story. This is the kind of address that fits professional offices, service firms, medical-adjacent users, and local operators who need visibility without Austin-core overhead.
Because this is a Commercial Sale - Office listing, school assignment and school ratings are not central decision points the way they would be for a residential property. The listing does not publish specific school data, beds, baths, or building square footage, which means buyers should confirm floor plan efficiency, parking count, and suite mix during diligence. The longer 654-day market time suggests room for disciplined negotiation and a closer look at how the existing lease structure can support occupancy and cash flow.
For an investor or business owner focused on Lago Vista, 20811 Dawn Dr offers something the market does not always deliver: a straightforward office play near FM 1431 and Lake Travis with flexible leasing economics today and long-term value tied to continued growth on the north shore.
The numbers behind this insight
- Offered at
- $1,750,000
- Listed
- May 31, 2024
- Property Type
- Commercial Sale
- Year Built
- 1971
- Lot Size
- 0.60 acres
Listing information last updated March 16, 2026.
Listed by Keller Williams Realty
MLS# 9140137 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Carpet
- Laminate
- Heating
- Zoned
- Cooling
- Zoned
Exterior & Lot
- Concrete
- Hardi
- Plank Type
- Lot Size
- 0.60 Acres
- Asphalt
Financial
- Original List Price
- $1,750,000
Utilities
- Electricity Connected
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
4 records on file
Every recorded listing, sale, and lease at 20811 Dawn Dr, whoever represented it.
- ActiveListed 2024Current price: $1,750,000Original list: $1,750,000MLS 9140137
- ActiveListed 2023Asking rent: $18/moOriginal asking rent: $18/moMLS 3118495
- ExpiredListed date not recordedCurrent price: $499,900Original list: $499,900MLS 4092544
- SoldJune 8, 2000Listed at: $549,900MLS 539052
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Explore this area
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $1,750,000
- Original list
- $1,750,000
- Price movement
- No verified reduction
- Listed / DOM
- May 31, 2024 · 873 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $530,000
- Assessment Year
- 2025
- Year Built
- 1971
- Parcel ID
- 000000178016
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-40.8% | — | $530,000 | $148,884 | $381,116 |
2024+2.4% | — | $896,000 | $148,884 | $687,397 |
2023+13.2% | — | $875,000 | $148,884 | $747,116 |
2022+0.7% | — | $773,118 | $39,180 | $835,820 |
2021 | — | $768,109 | $39,180 | $733,938 |
District Schools Nearby
Cedar Park High School
Early College High School
New Hope High School
Rouse High School
Vista Ridge High School
Leander High School
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($350K)
Adjustable assumption - not a lending recommendation.
$1,750,000
Luxury property intelligence
Keenan Market Position
A sourced read on Lago Vista pricing, timing, and property scale. No automated valuation claim.
List price
$1,750,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
873 days
Original to current
No verified reduction
$1.8M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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