New-Construction Office
For Sale
$335,000
701 Crystal Falls Pkwy 110 & 120, Leander, TX 78641
Finished office units include central air and 32 on-site parking spaces.
Property Size871 SF
Price / SF$384.62
Days on Market132
Property Features for 701 Crystal Falls Pkwy 110 & 120
General Information
Standard status
Active
Size
871 SF
Additional Details
Highway Access
Yes
Building Details
Year Built
2026
Listing Agency:
Full Circle RE
Listed By:
Sunitha Samala
(510) 742-6600
Source:
Austintexasrealestate
Added: Jun 12
Changed: Oct 8
Last Checked: Oct 20 at 10:17PM
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 Full Circle RE
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
These office units are fully finished and were constructed in 2026, offering a move-in-ready setting for business operations. Central air is included, along with 32 parking spaces serving the property. The asset is located at 701 Crystal Falls Pkwy in Leander, within the Greater Austin MSA. Nearby road connections identified for the property include Ronald Reagan, 1431, Bagdad Road, and the Highway 183 corridor. The surrounding three-mile area has a population of 65,668, an average household income of $162,582, and a daytime population of 29,957. The property is presented as suitable for either an owner-user or an investor.
Key Highlights
- 2026 construction
- Fully finished, move‑in‑ready office units
- Central air included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,769
Cap Rate
6.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$415,380
$415.4K
Cap Rate 7%
$296,700
$296.7K
Cap Rate 9%
$230,767
$230.8K
Market Conditions
NOI Build-Up for 871 SF
Gross rent
$36.6K $42.00/SF
− Vacancy
−$8.9K −$10.21/SF
EGI
$27.7K $31.79/SF
− OpEx
−$6.9K −$7.95/SF
NOI
$20.8K $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%
$415,380
Cap Rate 7%
$296,700
Cap Rate 9%
$230,767
Alternative Uses
Best Use
Office B
$296.7K
$259.6K – $346.2K
NOI $20,769 @ 7.0% cap · market cap 6.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$364.1K
$318.6K – $424.8K
NOI $25,487 @ 7.0% cap · market cap 7.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
488
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 - Finished office units include central air and 32 on-site parking spaces.
Where is this office unit located?
The property is located at 701 Crystal Falls Pkwy 110 & 120 Leander, TX.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: 2026 construction; Fully finished, move‑in‑ready office units; Central air included
