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    The Largest CRE Database in the US with Over 1 Million Listings

    12516 Wire Rd Leander, TX 78641

    Sponsored
    For Sale
    $1,495,000

    Ranch,Traditional, Farm/Ranch - Leander, TX

    Type:Farm
    Property size:
    2,627 SF
    Lot size:
    20.00 Acres
    Days on Market:
    8
    Last Refresh:
    Feb 20 at 1:06 am

    Property Features for 12516 Wire Rd

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    3
    APN
    186348
    Parking features
    Carport, Off Street, Open
    Patio and Porch features
    Deck
    Interior features
    Built-in Features, Natural Woodwork, Walk-in Closet(s), Wet Bar
    Exterior features
    Covered Deck, Rain Gutters, Private Entrance, Private Yard, Rain Barrel/Cistern(s), Stable/Barn, Storage, Other, Fence
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    Dishwasher, Garbage Disposer, Range, Refrigerator, Washer
    Size
    2,627 SF
    Lot size
    20.00 Acres

    Utilities

    Heating system
    Central, Fireplace(s)
    Cooling system
    Ceiling Fan(s), Central Air, Electric
    Water front features
    Creek, Waterfront
    Water front
    1

    Building Details

    Year built
    1975
    Floors in Building
    1
    Flooring type
    Carpet, Tile
    Building materials
    Stone
    Roof type
    Shingle
    Architectural style
    New Traditional
    Additional Structures
    Barn(s), Stable(s), Storage

    We can help!

    Listing Contact
    David Murray

    Keller Williams Realty (512) 448-4111

    Listing agent David Murray (512) 448-4111 License #0340639

    Listing date Feb 13, 2026

    MLS# 21175120 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Leander Ranch with Hill Country Views

    The SUNRISE VISTA RANCHETTE, situated on 20 acres in Travis County, is located in the heart of Central Texas. This property, found on a quiet dead-end road off RR 1431, features a hilltop homesite and barn overlooking Lime Creek Valley. It faces approximately 10,000 acres of protected preserve land, including the Baker Sanctuary. The location provides privacy, panoramic Hill Country views, abundant wildlife, and convenient access to Cedar Park, Round Rock, and Austin. The single-story home, approximately 2,627 square feet, includes 4 bedrooms and 3 bathrooms, featuring a horseshoe floor plan with a gated courtyard, covered front porch, and a long covered back deck. South-facing living areas offer floor-to-ceiling windows with unobstructed valley views. The cross-fenced hillside acreage, under wildlife management, is suitable for rotational grazing, beekeeping, hunting, recreation, or future development. A 9-stall barn, approximately 2,482 square feet, includes an air-conditioned office, workshop, hay room, and chicken coop with run. The property offers flexibility for a family homestead, compound, private estate, or potential commercial or mixed-use use. The home is powered by a 20kW off-grid solar system with 90kW of battery storage, with PEC backup, and a 12,800-gallon rainwater collection system. The property has low property taxes via wildlife management. It is located minutes from major shopping, dining, medical care, Lake Travis, parks, highways, and public transit, with access to ABIA, UT Austin, major event venues, and downtown Austin and is zoned to highly rated schools.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Auto Parts Store Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Leander
    County
    Travis
    State
    Texas
    Longitude
    -97.879031
    Latitude
    30.503423

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    FAQs

    What type of property is this?
    Ranch - 20-acre ranch in Travis County with panoramic views.
    Where is this ranch located?
    The property is located at 12516 Wire Rd Leander, TX.
    What is the asking price?
    The asking price for this property is $1,495,000.
    What are key features of this property?
    This property features: - 20-acre ranch property with PANORAMIC Hill Country views overlooking protected preserve land; - Off-grid solar power system (20kW) with substantial battery storage (90kW) and rainwater collection system (12,800 gallons); - 9-stall barn with air-conditioned office, workshop, hay room, and chicken coop
    (512) 695-2176
    Request Owner's contact information
    12516 Wire Rd Leander, TX 78641
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    Leander, TX 78641
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12516 Wire Rd Leander, TX 78641
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    We can help!
    Listing Contact
    David Murray
    Real Estate License ID: 0340639
    (512) 695-2176 (512) 448-4111 (512) 263-9090
    Learn more
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