1702 Lone Oak Dr - Flex FOR SALE


Leander, TX 78641
$599,000 USD
512-646-0038
1702 Lone Oak Dr, Leander, TX for Sale
$599,000 USD
Flex - FOR SALE
1/70
null | Request Cap Rate

1702 Lone Oak Dr
Leander, TX 78641


HIGHLIGHTS

  • Prime location right off Highway 183 and Crystal Falls Parkway
  • Building equipped with 240V power and its own separate electric meter ready for commercial use or business operations.
  • Passive income streams, and residential space on a spacious tree-lined site

OVERVIEW

An extraordinary, highly versatile live-work property zoned GC-3-C in a prime location right off Highway 183 and Crystal Falls Parkway. Spanning three combined lots with mature oak trees and no HOA, this site offers endless potential for homeowners, business owners, and investors alike. The commercial lot features high-visibility frontage on Crystal Falls Parkway and includes a dedicated garage building equipped with 240V power and its own separate electric meter, ready for commercial use or business operations. The single-story main residence sits on two adjoining lots and showcases ceramic tile flooring throughout. The primary layout includes a welcoming living room with a fireplace, formal dining room, kitchen with included appliances, plus a spacious primary suite complete with its own private fireplace. Two additional bedrooms are split between the main home and the attached addition, bringing the residential count to three total bedrooms and a two-car garage. Connected by a interior entryway but also featuring a fully independent exterior entrance, the flexible attached apartment addition can easily be partitioned off for immediate rental income or multi-generational living. This expansive wing boasts a full bathroom/shower, a private bedroom, two dedicated home offices, and a massive game room housing an indoor non-functional hot tub ready for custom re-imagining. Meticulously maintained in original condition, the structures are in solid shape with no roof or foundation issues noted, alongside an AC system approximately five years old and 240V power at both the house and commercial garage. Combining high-exposure commercial potential, passive income streams, and residential space on a spacious tree-lined site, this property is a truly rare find with exceptional upside.

FOR SALE DETAILS

PRICE

$599,000 USD

PRICE/SF

$219 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.83

LAND SF

36,233

ZONING

COMMERCIAL

APN/PARCEL ID

R035679

ASK ABOUT THIS PROPERTY

Christopher WattersWatters International RealtyMore Info
512-646-0038

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Christopher WattersWatters International RealtyMore Info
512-646-0038

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.