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Barndominium with Oversized Workshop
For Sale
$767,000

17412 W 1st St, Leander, TX 78641

Barndominium offering two private residences plus an oversized workshop with two roll-up doors and fenced yard.

Property Size3,035 SF
Price / SF$252.72
Days on Market28

Property Features for 17412 W 1st St

General Information

Standard status Active
Size 3,035 SF
Property subtype Multi Family Home

Additional Details

Fenced Yard Yes

Amenities

mature oak trees
optional POA lake access

Building Details

Building Size 3,035 SF
Year Built 2022
Listing Agency: Vistas Real Estate
Listed By: Michelle Varela
Source: Buttross
Added: Jul 3 Changed: Jul 27 Last Checked: Jul 29 at 1:18PM

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 Vistas Real Estate

Investment Insights

Based on property information with market context.

This modern barndominium features two separate living spaces, each with its own private entrance. The layout supports flexible on-site living, with move-in ready finishes throughout. A large, oversized workshop anchors the property and includes two roll-up doors for storage and workspace needs.

The home is located about one block from Lake Travis and backs directly to approximately 138 acres of the Balcones Canyonlands Wildlife Refuge. The setting provides added privacy and protected Hill Country views. The property is outside city limits in the ETJ, described as having no city taxes, and includes a large fenced yard with mature oak trees.

For buyers considering water access options, the remarks note optional POA lake access, and the property is within the Leander ISD.

Key Highlights

  • 2022 barndominium in the ETJ with no city taxes
  • Two separate living spaces with private entrances for multigenerational living, rentals, or guest quarters
  • Oversized workshop with two roll‑up doors for RVs, boats, trailers, equipment, or storage

Financial Insights For Multifamily LT 5

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 $76.5k $25.20
− Vacancy −$3.8k −$1.24
EGI $72.7k $23.96
− OpEx −$21.8k −$7.19
NOI $50.9k $16.77
3,035 SF · lease $25.20/SF/yr · vacancy 4.94% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$727.0K
$636.2K – $848.2K (±1% cap)
NOI $50,893 @ 7.0% cap · market cap 6.64%
Second Best
Apartment 5plus
$664.6K
$581.6K – $775.4K (±1% cap)
NOI $46,524 @ 7.0% cap · market cap 6.07%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M (±1% cap)
NOI $88,809 @ 7.0% cap · market cap 11.58%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Restaurant HVAC Service Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

37
Businesses Nearby

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

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Barndominium offering two private residences plus an oversized workshop with two roll-up doors and fenced yard.
Where is this duplex located?
The property is located at 17412 W 1st St Leander, TX.
What is the asking price?
The asking price for this property is $767,000.
What are key features of this property?
This property features: 2022 barndominium in the ETJ with no city taxes; Two separate living spaces with private entrances for multigenerational living, rentals, or guest quarters; Oversized workshop with two roll‑up doors for RVs, boats, trailers, equipment, or storage
More about this property
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