Corner-Unit Office
For Sale
$300,000
660 S Bagdad Rd 430, Leander, TX 78641
Move-in ready corner office condo includes four offices, reception, restroom, and kitchenette.
Property Size850 SF
Price / SF$352.94
Days on Market24
Property Features for 660 S Bagdad Rd 430
General Information
Standard status
Active
Size
850 SF
Property subtype
Commercial
Additional Details
Office Units
4
Building Details
Year Built
2020
Listing Agency:
Funk Group
(512) 705-9722
Listed By:
Wade Funk · License #641929
(512) 705-9722
Source:
Elliman
Added: Jul 12
Changed: Jul 13
Last Checked: Aug 3 at 9:32AM
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 Funk Group
Investment Insights
Based on property information with market context.
This move-in ready corner-unit office condo offers 850 sq ft of functional workspace arranged with a reception area, a restroom, a kitchenette, and four offices. One larger office can also serve as a conference room depending on how the space is configured.
Designed for a small office user, the layout supports both client-facing entry through the reception area and day-to-day office operations with multiple private rooms.
As an office condo, the space is intended for owner-occupied or tenant use within a compact professional setting.
Designed for a small office user, the layout supports both client-facing entry through the reception area and day-to-day office operations with multiple private rooms.
As an office condo, the space is intended for owner-occupied or tenant use within a compact professional setting.
Key Highlights
- 850 SF corner‑unit office condo built in 2020
- Includes four offices, including a larger office that could serve as a conference room
- Reception area plus restroom and kitchenette
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 | $35.7k | $42.00 |
| − Vacancy | −$8.7k | −$10.21 |
| EGI | $27.0k | $31.79 |
| − OpEx | −$6.8k | −$7.95 |
| NOI | $20.3k | $23.85 |
850 SF · lease $42.00/SF/yr · vacancy 24.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$289.6K
$253.4K – $337.8K
NOI $20,269 @ 7.0% cap · market cap 6.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$355.3K
$310.9K – $414.5K
NOI $24,872 @ 7.0% cap · market cap 8.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Office units
Location Intelligence
Trade Area within ½ mile
301
Businesses Nearby
Explore this area
Business Placement
Demographics for 78641, TX
83,426
Population
33,118
Households
2.5
Avg Household Size
36
Median Age
51%
College-Educated
95%
High-School Grad
124.4 sq mi
ZIP Area
671
Density / Sq Mi
$131,421
Median Household Income
$61,185
Median Earnings
$1,873
Median Rent
$453,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Move-in ready corner office condo includes four offices, reception, restroom, and kitchenette.
Where is this office units located?
The property is located at 660 S Bagdad Rd 430 Leander, TX.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 850 SF corner‑unit office condo built in 2020; Includes four offices, including a larger office that could serve as a conference room; Reception area plus restroom and kitchenette
