About This Home

13001 HERO WAY WEST Commercial land in Leander, 5 +/- acres. Preliminary zoning work started. From Leander: "This category is compatible with SFT, MF, LO, LC, GC (Secondary Use), PUD zoning districts." A blank slate and almost 280 feet of street frontage on Hero Way West (over 17k VPD) near growing residential neighborhoods and heavy through traffic. Conveniently located between Lakeline Blvd and Bagdad Rd

Location

13001 Hero Way None W, Leander, TX 78641

Open in Google Maps ↗ Get Directions ↗

Property Details

Price $1,800,000

Status Active Listing

Beds ,

Full Baths ,

Half Baths ,

Living Area ,

Lot Size 4.99 acres (217,364.4 sqft)

Year Built 1900

Garage ,

Stories ,

Type Commercial Sale · See Remarks

Subdivision Leander

County Williamson

Zip Code 78641

$/sqft ,

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $48,471

Pool ,

Waterfront ,

New Construction ,

MLS # ACT243954837

List Date August 21, 2026

Elementary School ,

Middle School ,

High School ,

School District ,

Have Questions About This Property?

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

$8,640/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

$360,000

20% conventional investment loan

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

Estimated Gross Rent+$8,640

Principal + Interest−$9,823

Property Tax (~2.1% TX avg)−$3,150

Insurance (~0.5%)−$750

Est. Monthly Cash Flow $-5,083

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

About the Author

Luke Allen

Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019

★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on August 21, 2026.

📞 (254) 718-2567 [email protected] More about Luke →

13001 Hero Way None W

Location

Property Details

Rental Income Potential

Major Employers Near Leander, TX

More Luxury Homes in Leander

Explore Austin Real Estate