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$1,300,000

201-205 S Highway 183, Leander, TX, 78641

On MarketInfo
CommercialInfo
Baths0 Bath
Baths5,242 Sq Ft
Mixed UseMixed Use
price_per_sqft$248 / sqft
Year BuiltBuilt in 1950

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringWood

About this property

Prime Hwy 183 location with high visibility, perfect for businesses looking to attract customers and clients. Ideal for a live/work setup or commercial rental opportunity. Dual zoning — residential (201) and GC-C3 commercial (201 and 205) — offers flexibility for a variety of uses. Large backyard with mature trees provides plenty of room for outdoor activities or future expansion. Easy access to major highways and public transportation. Located in the heart of downtown Leander, right within the Old Town Master Plan revitalization area, this property is positioned to benefit from major ongoing improvements to the downtown corridor. Walking distance to new and upcoming restaurants, shops, offices, and entertainment venues fueling steady growth in foot traffic and customer demand. A rare opportunity to secure a versatile property in one of Leander's fastest-growing districts.

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$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,800 /month
Positive
Cash Flow Estimate:
$2,600 /month

Interested in this property?

Christopher Watters

Watters International Realty

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Financing Details

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

Learn About the Market: Opportunity in Texas

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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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201-205 S Highway 183 | Property Details | No Agent List