Active Listing  ·  7 days on market

660 S Bagdad Rd #140

Leander, TX 78641
$310,000
Built 2020 0.02 acres Leander Office Condo

Corner unit, move-in ready office condo. Ideal for any small office user/business. Other tenants/occupants include insurance, CPA, nutritionist, therapist, home care office, etc. 4 offices (one larger which could be a conference room), reception, kitchenette, and ADA restroom. Bring me an offer!

Location

660 S Bagdad Rd #140, Leander, TX 78641

Property Details

Price $310,000
Status Active Listing
Beds ,
Full Baths ,
Half Baths ,
Living Area ,
Lot Size 0.02 acres (919.12 sqft)
Year Built 2020
Garage ,
Stories ,
Type Commercial Sale · Office
Subdivision Leander Office Condo
County Williamson
Zip Code 78641
$/sqft ,
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,052.93
Pool ,
Waterfront ,
New Construction ,
MLS # ACT241442552
List Date July 28, 2026
Elementary School ,
Middle School ,
High School ,
School District ,

Luke Allen (TREC #788149) has deep knowledge of Leander and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$1,488/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$62,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$1,488
Principal + Interest−$1,692
Property Tax (~2.1% TX avg)−$543
Insurance (~0.5%)−$129
Est. Monthly Cash Flow $-876

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Leander, TX

Leander sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Apple Campus (Domain) 25 min SE
Dell Technologies HQ 20 min SE
Samsung Austin Semiconductor 30 min SE

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