Corner-Unit Office
For Sale
$279,000
430-660 S Bagdad Rd, Leander, TX 78641
Move-in ready corner office condo with four offices, reception area, restroom, and kitchenette.
Property Size850 SF
Price / SF$328.24
Days on Market104
Property Features for 430-660 S Bagdad Rd
General Information
Standard status
Active
Size
850 SF
Amenities
reception
restroom
kitchenette
Listing Agency:
Funk Group
Listed By:
Wade Funk · License #0641929
(512) 705-9722
Source:
Exprealty
Added: Jul 10
Changed: Oct 11
Last Checked: Oct 20 at 11:10PM
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
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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.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,269
Cap Rate
7.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$405,380
$405.4K
Cap Rate 7%
$289,557
$289.6K
Cap Rate 9%
$225,211
$225.2K
Market Conditions
NOI Build-Up for 850 SF
Gross rent
$35.7K $42.00/SF
− Vacancy
−$8.7K −$10.21/SF
EGI
$27.0K $31.79/SF
− OpEx
−$6.8K −$7.95/SF
NOI
$20.3K $23.85/SF
Area
Williamson County, TX
Vacancy
24.30%
Lease Rate
$42.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$405,380
Cap Rate 7%
$289,557
Cap Rate 9%
$225,211
Alternative Uses
Best Use
Office B
$289.6K
$253.4K – $337.8K
NOI $20,269 @ 7.0% cap · market cap 7.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$355.3K
$310.9K – $414.5K
NOI $24,872 @ 7.0% cap · market cap 8.91%
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
207
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
Frequently Asked Questions
What type of property is this?
Office unit - Move-in ready corner office condo with four offices, reception area, restroom, and kitchenette.
Where is this office unit 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 $279,000.
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
