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$451,755

NAL Estimated Property Value

1640 Highland Falls DR 302, Leander, TX, 78641

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths941 Sq Ft
OfficeOffice
price_per_sqft$293.3 / sqft
Year BuiltBuilt in 2020

Highlights

Interior

Bathrooms 0Bathrooms 0
Heating CentralHeating Central
CoolingCooling
FlooringCarpet, Tile

Building Information

Year Built2020
Stories1

Land Information

APNR-17-W391-0000-0302
Land UseCommercial
Legal DescriptionC526 - HIGHLAND FALLS OFFICE CONDOS, BUILDING 3, UNIT 302, 4.54% COMMON AREA INTEREST
Census Tract020319
Assessed Land Value$60,237
Assessed Improvement Value$391,518
Assessment Year2025

About this property

Brand New office condo, multiple use, loan, tax, accounting, law office and many other uses. Located in of the rapidly growing town in Texas. Accessible to major highways in minute.

Investor Tools

Property Icon
$451,755
Estimated Property Value
$180,125Estimated Mortgage Balance
$271,630Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,711 /month
Positive
Cash Flow Estimate:
$904 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$862/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,084
$451,755
2025
$60,237
$391,518
$451,755
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,084
$451,755

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Joseph M Rankin Iii
Commercial
$198,000
No
First
Aug 9, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$180,125
$271,630
60%
40%
$1,188/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Leander

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1640 Highland Falls DR 302 | Property Details | No Agent List