10824 E Crystal Falls Pkwy 506 Leander, TX 78641
Office suite with three private offices, an executive suite, breakroom, and private restroom within a condominium complex.
Property Features for 10824 E Crystal Falls Pkwy 506
General Information
- Standard status
- Active
- Size
- 973 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2020
Listing office (512) 820-2192
Listing date Jul 9, 2026
Source Elliman
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All listing content including descriptions, pricing, images are the copyrighted material of Michael Ashby
Investment Insights
Based on property information with market context.
The suite is located within the Crystal Falls Arbor complex on East Crystal Falls Parkway, with access via multiple concrete driveways. The complex sits directly across from Wiley Middle School and Rouse High School, supporting frequent daily local traffic.
Ownership includes the condominium suite identified as 506, with an additional opportunity to purchase adjoining suite #505 as part of the same offering for two separate units or potential consolidation into a larger operating space.
Key Highlights
- 2020‑built commercial office condominium suite with 973 SF in Crystal Falls Arbor complex
- Suite layout includes three private offices plus an executive suite for principal or client meetings
- In‑suite amenities: breakroom with sink and storage, and a private restroom
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.9k | $42.00 |
| − Vacancy | −$9.9k | −$10.21 |
| EGI | $30.9k | $31.79 |
| − OpEx | −$7.7k | −$7.95 |
| NOI | $23.2k | $23.85 |
