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Property profile & analytics
FOR SALE
Commercial land

14410 Hero Way W Leander, TX 78641

Property ID
US82-4603331
Property summary
AI-generated overview

**Price Improvement!** **Wow!** Two residences are located on this +/- 2.94 acre transitional land property in the City of Leander. There are two tracts included in the sale – the first is the main residence on 2.29 acres. Built in 1998, this home has 2,599 square feet with 4 bedrooms, 2 baths and a garage. The second tract, located at 14380 Hero Way W, has 0.64 acres and has a home dating from 1925 with 2,388 SF ready for updates. These lots, located in the City of Leander, are currently zoned SFR, but are shown in Leander’s Future Land Use Map as being in the “Multi-Use Corridor - Priority Corridor”. The Leander 2020 Comprehensive Plan identifies this corridor as intended for mixed-use areas, for example mentioning: “Commercial retail, office, personal service uses, and restaurants, including drive-throughs. These could be stand-alone individual parcels if they are pre-existing or as part of a larger retail center. Near highway intersections and adjacent to Employment Mixed Use/Activity Centers, hotels, grocery stores and similar regional uses may also be appropriate.” The Property would need to be rezoned for a change of use. Rent the home(s) out to reduce holding costs, bring your small business, enjoy a live-work scenario, or hold for long-term appreciation.

Property profile
Verified
Property type Commercial land
UPID US82-4603331
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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