Hill Country Land with Natural
18405 Angel Valley Drive Leander, TX 78641
18405 Angel Valley Drive, Leander, TX, 78641
$995,000
For Sale
$995,000
LAND - Leander, TX
Property Size2,945 SF
Lot Size15.10 Acres
Price / SF$337.86
Days on Market18
Property Features for 18405 Angel Valley Drive
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- 425465
- Lot size
- 15.10 Acres
Taxes and HOA fees
- Tax Description
- LOT 14 LONESOME VALLEY SEC 1 (1-D-1W)
- Tax Annual Amount
- 15024
Utilities
- Utilities
- Propane
- Sewer type
- Septic Tank
- Heating system
- Propane (Heating), Central
- Cooling system
- Central Air
- Water source
- Well
- Water front features
- Creek
- Water front
- 1
Building Details
- Year built
- 1998
Listing Agency
Keller Williams Realty
(512) 448-4111
Austin, TX
Listed by
David Murray · License #TREC#0340639
(512) 448-4111
Added: Jul 1 Checked: Jul 18 at 3:06 am
MLS# 21241968
Listing URL
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This private Hill Country property sits in a secluded valley along Big Sandy Creek and features rolling terrain with mature oaks. At the center is an approximately 2,945-square-foot single-story home (4 bedrooms, 3 baths) that was previously flood-affected and has been taken to the studs, offering a distinct opportunity to rebuild or customize. A roughly 1,461-square-foot shop provides additional space for storage, workspace, or project use.
Access is via a private drive at the end of a gated acreage community, with the surrounding setting designed for privacy. The land is under an Agriculture-Wildlife Exemption managed by Plateau Wildlife Management and has recently been operated as a working flower farm with wildflower fields, organic gardens, fruit trees, greenhouses, chicken coops, and open pasture, and it is also well suited for equestrian use. Utilities are in place, including Pedernales Electric Cooperative service, a multi-generational well with a new pump (2024), and a 5,000-gallon holding tank (2021). Outdoor improvements include a 40,000-gallon natural swimming pond with wetland filtration installed in 2021 (flood affected) and an eco-gravity septic system with approved expansion plans and a permit valid for seven years.
For buyers seeking a private retreat with water, wildlife, and existing infrastructure, this offering supports a range of lifestyle-driven uses, including farm operations, equestrian setups, and a custom rebuild. The combination of seclusion, on-site utilities, and agricultural management makes it a practical platform for continuing or expanding an outdoor-oriented vision.
Access is via a private drive at the end of a gated acreage community, with the surrounding setting designed for privacy. The land is under an Agriculture-Wildlife Exemption managed by Plateau Wildlife Management and has recently been operated as a working flower farm with wildflower fields, organic gardens, fruit trees, greenhouses, chicken coops, and open pasture, and it is also well suited for equestrian use. Utilities are in place, including Pedernales Electric Cooperative service, a multi-generational well with a new pump (2024), and a 5,000-gallon holding tank (2021). Outdoor improvements include a 40,000-gallon natural swimming pond with wetland filtration installed in 2021 (flood affected) and an eco-gravity septic system with approved expansion plans and a permit valid for seven years.
For buyers seeking a private retreat with water, wildlife, and existing infrastructure, this offering supports a range of lifestyle-driven uses, including farm operations, equestrian setups, and a custom rebuild. The combination of seclusion, on-site utilities, and agricultural management makes it a practical platform for continuing or expanding an outdoor-oriented vision.
Key Highlights
- 15‑acre property in a secluded valley along Big Sandy Creek, tucked into a gated acreage community and accessed by a private drive
- Approximately 2,945 sq ft single‑story home (built 1998) with 4 bedrooms and 3 bathrooms; previously flood‑affected and taken to the studs
- Utilities and site systems in place: multi‑generational well with new pump (2024), 5,000‑gallon holding tank (2021), Pedernales Electric Cooperative service
Local Financial Insights For Apartment 5plus
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 | $86.6k | $29.40 |
| − Vacancy | −$4.5k | −$1.53 |
| EGI | $82.1k | $27.87 |
| − OpEx | −$36.9k | −$12.54 |
| NOI | $45.1k | $15.33 |
2,945 SF · lease $29.40/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$644.9K
$564.3K – $752.4K
NOI $45,144 @ 7.0% cap · market cap 4.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.23M
$1.08M – $1.44M
NOI $86,176 @ 7.0% cap · market cap 8.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Angel Valley Farm
Food Processing Plant
Similar For Sale Nearby
FAQs
What type of property is this?
Farm - Secluded acreage with existing home, shop, and utilities, plus a natural swimming pond and agriculture-wildlife exemption.
Where is this farm located?
The property is located at 18405 Angel Valley Drive Leander, TX.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 15‑acre property in a secluded valley along Big Sandy Creek, tucked into a gated acreage community and accessed by a private drive; Approximately 2,945 sq ft single‑story home (built 1998) with 4 bedrooms and 3 bathrooms; previously flood‑affected and taken to the studs; Utilities and site systems in place: multi‑generational well with new pump (2024), 5,000‑gallon holding tank (2021), Pedernales Electric Cooperative service
