Flex Space with
For Sale
Contact for pricing
15893 Ronald W Reagan Boulevard #340, Leander, TX 78641
A mezzanine adds secondary workspace or storage above the main floor.
Property Size1,650 SF
Price / SF$0.01
Days on Market45
Property Features for 15893 Ronald W Reagan Boulevard #340
General Information
Standard status
Active
Size
1,650 SF
Property subtype
Office
Building Details
Year Built
2026
Listing Agency:
Trinity Texas Realty INC
(512) 740-2262
Listed By:
Tanya Gehani
(737) 376-2181
Source:
Hoydenhomes
Added: Sep 16
Changed: Oct 28
Last Checked: Oct 28 at 3:17PM
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 Trinity Texas Realty INC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex condominium unit provides approximately 1,650 SF on the main level, with a mezzanine for additional workspace or storage. Features include a grade-level overhead bay door, dedicated parking, and concrete flooring. The building was constructed in 2026.
The property is at 15893 Ronald W. Reagan Boulevard in Leander, with access to FM 1431, RM 2243, and 183A.
The property is at 15893 Ronald W. Reagan Boulevard in Leander, with access to FM 1431, RM 2243, and 183A.
Key Highlights
- Approximately 1,650 SF of main‑floor area
- Mezzanine level for added workspace or storage
- Grade‑level overhead bay door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,709
Suggested Prices Based on Cap Rates
Cap Rate 5%
$274,180
$274.2K
Cap Rate 7%
$195,843
$195.8K
Cap Rate 9%
$152,322
$152.3K
Market Conditions
NOI Build-Up for 1,650 SF
Gross rent
$24.6K $14.88/SF
− Vacancy
−$3.5K −$2.10/SF
EGI
$21.1K $12.78/SF
− OpEx
−$7.4K −$4.47/SF
NOI
$13.7K $8.31/SF
Area
Williamson County, TX
Vacancy
14.10%
Lease Rate
$14.88 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$274,180
Cap Rate 7%
$195,843
Cap Rate 9%
$152,322
Alternative Uses
Best Use
Warehouse
$237.3K
$207.7K – $276.9K
NOI $16,612 @ 7.0% cap · market cap 87,431.58%
Second Best
Industrial
$210.9K
$184.5K – $246.1K
NOI $14,763 @ 7.0% cap · market cap 77,700.00%
Theoretical Best
Office A
$689.7K
$603.5K – $804.7K
NOI $48,282 @ 7.0% cap · market cap 254,115.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
204
Businesses Nearby
Balanced
Demand for This Use
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 Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - A mezzanine adds secondary workspace or storage above the main floor.
Where is this flex space located?
The property is located at 15893 Ronald W Reagan Boulevard #340 Leander, TX.
What are key features of this property?
This property features: Approximately 1,650 SF of main‑floor area; Mezzanine level for added workspace or storage; Grade‑level overhead bay door
