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Corner-Unit Office Condo

430-660 S Bagdad Rd Leander, TX 78641

430-660 S Bagdad Rd, Leander, TX, 78641
$300,000
For Sale
$300,000

Move-in ready corner office condo with four offices, reception area, restroom, and kitchenette.

Property Size850 SF
Price / SF$352.94
Days on Market13

Property Features for 430-660 S Bagdad Rd

General Information

Standard status
Active
Size
850 SF
Listing agency Funk Group
Listed by Wade Funk · License #641929
Source Exprealty
Added: Jul 10 Updated: Jul 21 at 6:14PM Checked: Jul 21 at 6:14PM

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 approximately 850 square feet of well-defined workspace. The interior layout includes four offices, with one larger office that could be used as a conference room, along with a reception area, restroom, and kitchenette.

The property is located at 430-660 S Bagdad Rd in Leander, Texas. As an office condo, it provides a compact, private setup for day-to-day operations.

With dedicated enclosed offices and common support space for greeting visitors and preparing basic refreshments, the space is designed for small business use.

Key Highlights

  • Move‑in ready corner‑unit office condo offering 850 SF
  • Layout includes four offices, with one larger office that could serve as a conference room
  • Reception area for client and guest check‑in

Local 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 (±1% cap)
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 (±1% cap)
NOI $24,872 @ 7.0% cap · market cap 8.29%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Real Estate Agency Law Firm Dental Office Restaurant Auto Parts Store Building Supply Pharmacy Big Box & Wholesale Store Hotel & Motel Food Market

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Move-in ready corner office condo with four offices, reception area, restroom, and kitchenette.
Where is this office units located?
The property is located at 430-660 S Bagdad Rd 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: Move‑in ready corner‑unit office condo offering 850 SF; Layout includes four offices, with one larger office that could serve as a conference room; Reception area for client and guest check‑in
Contact an agent
More about this property
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