Active Listing  ·  4 days on market

660 S Bagdad Rd #310

Leander, TX 78641
$275,000
Built 2020 0.02 acres Leander Office Condo

Own your professional office space in Leander! Offered at $275,000, this move-in-ready, 850 SF office condo at 660 S. Bagdad Road, Suite 310 features four private offices, a reception area, kitchenette, and restroom. The practical layout accommodates a variety of professional businesses and offers an excellent opportunity for an owner-user or investor. Establish your business in your own space or add an office condo to your investment portfolio. Owner willing to lease-back for 12 months.

Location

660 S Bagdad Rd #310, Leander, TX 78641

Property Details

Price $275,000
Status Active Listing
Beds ,
Full Baths ,
Half Baths ,
Living Area ,
Lot Size 0.02 acres (879.91 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. $7,967.41
Pool ,
Waterfront ,
New Construction ,
MLS # ACT247222248
List Date September 18, 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.

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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
$1,320/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
$55,000
20% conventional investment loan

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

Estimated Gross Rent+$1,320
Principal + Interest−$1,501
Property Tax (~2.1% TX avg)−$481
Insurance (~0.5%)−$115
Est. Monthly Cash Flow $-777

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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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
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 September 18, 2026.

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