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    2773 Hero Way Leander, TX 78641

    Source: https://asterra.com
    For Sale
    Contact for pricing

    Prime 3.97-acre lot with 1,824 sq ft home.

    Property size:
    1,824 SF

    Description

    Added:
    Mar 26, 2025
    Days on Market:
    258
    This exceptional 3.97-acre property in Leander, TX, presents a unique investment opportunity. Strategically located between the 183A Toll Road and Ronald Reagan Boulevard, this flat, rectangular lot offers high visibility and easy access. Currently featuring a 1,824 square foot house with four bedrooms, two bathrooms, a living area, kitchen, dining room, and detached garage, the property provides immediate income potential through short-term rentals or Airbnb. The existing structure could also serve as temporary office space during development. Zoned as Employment Center (FLU: Employment Center (SFR-1B)), the land is ideally suited for a variety of commercial and industrial uses, including outdoor food and entertainment, sports and recreation, flex office parks, shallow bay industrial buildings, or medical/office parks. The property boasts an agricultural exemption and offers significant development potential due to its size, shape, and location in the rapidly growing city of Leander. Contact for pricing and further details.

    Property Features for 2773 Hero Way

    General Information

    Property type
    Other land
    Square Feet
    1,824 SF
    Elevators
    N/A
    Net Rentable
    1,824 SF
    Lot Size
    172,933 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • 3.97 acres of land in Leander, TX, ideally located between major roadways.
    • Flat topography and rectangular shape perfect for efficient development.
    • Existing 1,824 sq ft house offers immediate income potential or temporary use.
    Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Auto Parts Store Bar & Pub Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Leander
    State
    Texas
    Longitude
    -97.832048
    Latitude
    30.588572

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    FAQs

    What type of property is this?
    Land - Prime 3.97-acre lot with 1,824 sq ft home.
    Where is this land located?
    The property is located at 2773 Hero Way Leander, TX.
    What are key features of this property?
    This property features: 3.97 acres of land in Leander, TX, ideally located between major roadways.; Flat topography and rectangular shape perfect for efficient development.; Existing 1,824 sq ft house offers immediate income potential or temporary use.
    (512) 698-2730
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    2773 Hero Way Leander, TX 78641
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    Realmo Value Estimation

    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.

    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.

    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
    2773 Hero Way Leander, TX 78641
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