Residential Income Property with
For Sale
$398,500
11741 LEDURA COURT Unit 105, Reston, VA 20191
A covered balcony, separate office, and renovated kitchen add useful living space to this two-bedroom, two-bath residence.
Property Size1,053 SF
Price / SF$378.44
Days on Market98
Property Features for 11741 LEDURA COURT Unit 105
General Information
Standard status
Active
Size
1,053 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Public Transit
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,212
Amenities
pools
tennis courts
pickleball courts
ballfields
paved trails
open space
lakes
ponds
streams
meadows
community garden plots
Walker Nature Center
Building Details
Building Size
1,053 SF
Year Built
1980
Year Renovated
2025
Listing Agency:
Samson Properties
Listed By:
Joshua Robert Hill · License #0225276762
(571) 699-7993
Source:
Signaturemoverealestate
Added: Jul 30
Changed: Nov 3
Last Checked: Nov 3 at 8:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Samson Properties
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Investment Insights
Based on property information with market context.
This 1,053-square-foot residential income property is a two-bedroom, two-bath condominium built in 1980 and renovated in 2025. The kitchen has white cabinetry, quartz counters, stainless steel appliances, a subway tile backsplash, and a breakfast bar. A separate office sits beside the living area. The primary suite has a walk-in closet and an en-suite bath with double vanity and tiled walk-in shower. The covered balcony faces mature trees and has motorized screens and a storm screen. Renovation work also replaced concealed plumbing; the HVAC system and microwave were updated in 2020. A combination washer-dryer is included.
A bus stop is located outside the community, and Reston Town Center and the Reston Metro Station are approximately two miles away. Reston Association amenities include 15 pools, 54 tennis courts, pickleball courts, ballfields, 53 miles of paved trails, more than 1,300 acres of open space, four lakes, three ponds, streams, meadows, community garden plots, and the 72-acre Walker Nature Center.
A bus stop is located outside the community, and Reston Town Center and the Reston Metro Station are approximately two miles away. Reston Association amenities include 15 pools, 54 tennis courts, pickleball courts, ballfields, 53 miles of paved trails, more than 1,300 acres of open space, four lakes, three ponds, streams, meadows, community garden plots, and the 72-acre Walker Nature Center.
Key Highlights
- Two bedrooms and two full baths in 1,053 square feet
- Renovated in 2025; built in 1980
- Updated kitchen with quartz countertops, stainless steel appliances, and breakfast bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,762
Cap Rate
3.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,240
$315.2K
Cap Rate 7%
$225,171
$225.2K
Cap Rate 9%
$175,133
$175.1K
Market Conditions
NOI Build-Up for 1,053 SF
Gross rent
$30.3K $28.80/SF
− Vacancy
−$1.7K −$1.58/SF
EGI
$28.7K $27.22/SF
− OpEx
−$12.9K −$12.25/SF
NOI
$15.8K $14.97/SF
Area
Fairfax County, VA
Vacancy
5.50%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,240
Cap Rate 7%
$225,171
Cap Rate 9%
$175,133
Alternative Uses
Best Use
Apartment 5plus
$225.2K
$197.0K – $262.7K
NOI $15,762 @ 7.0% cap · market cap 3.96%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.41M
$3.86M – $5.15M
NOI $308,974 @ 7.0% cap · market cap 77.53%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
326
Businesses Nearby
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Business Placement
Demographics for 20191, VA
29,948
Population
12,744
Households
2.3
Avg Household Size
39
Median Age
66%
College-Educated
93%
High-School Grad
7.8 sq mi
ZIP Area
3,839
Density / Sq Mi
$141,019
Median Household Income
$62,313
Median Earnings
$1,983
Median Rent
$616,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A covered balcony, separate office, and renovated kitchen add useful living space to this two-bedroom, two-bath residence.
Where is this residential income property located?
The property is located at 11741 LEDURA COURT Unit 105 Reston, VA.
What is the asking price?
The asking price for this property is $398,500.
What are key features of this property?
This property features: Two bedrooms and two full baths in 1,053 square feet; Renovated in 2025; built in 1980; Updated kitchen with quartz countertops, stainless steel appliances, and breakfast bar
