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Four-Office Professional Condo
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660 S Bagdad Rd suite 310, Leander, TX 78641

A reception area, kitchenette, and restroom complement the private office layout.

Property Size850 SF
Price / SF$323.53
Days on Market20

Property Features for 660 S Bagdad Rd suite 310

General Information

Standard status Active
Size 850 SF
Property subtype Office

Additional Details

Asking Price $275,000
Office Units 1

Building Details

Buildings 1
Listing Agency: Funk Group
Listed By: Wade Funk · License #TX 641929
Source: Crexi
Added: Sep 17 Changed: Sep 29 Last Checked: Oct 5 at 4:20PM

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 office condo at 660 S Bagdad Rd, Suite 310, contains 850 square feet arranged as four private offices, a reception area, a kitchenette, and a restroom. The configuration provides distinct work areas alongside shared space within the unit.

The property is located in Leander, Texas. Its listed address is 660 S Bagdad Rd, Suite 310.

Key Highlights

  • 850‑square‑foot office condo
  • Four private offices
  • Reception area, kitchenette, and restroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,269
Cap Rate
7.37%
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 (±1% cap)
NOI $20,269 @ 7.0% cap · market cap 7.37%
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 9.04%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

BEGINNINGS INC Vacation Rental Funk Group Real Estate Agency Friday's Girl Inc. Accounting Firm Ryan Torres - State ... Insurance Agency Blue Water Hospice Nursing Home

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Pharmacy Electrical Service (Bike/Boat/Book/etc) Store

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

1
Office units

Location Intelligence

Trade Area within ½ mile

301
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - A reception area, kitchenette, and restroom complement the private office layout.
Where is this office units located?
The property is located at 660 S Bagdad Rd suite 310 Leander, TX.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 850‑square‑foot office condo; Four private offices; Reception area, kitchenette, and restroom
(512) 705-9722 Call to check price and availability
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