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Verified property facts
706 Leander Dr is listed at $10,000,000 with 0 bedrooms, 3.21-acre lot. This places it above the 78641 median of $675,000.
706 Leander Dr is a Commercial Sale built in 2018 featuring 0 bedrooms, 3.21-acre lot.
706 Leander Dr is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 706 Leander Dr is $138,505. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
With 20% down ($2,000,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 706 Leander Dr is around $63,430 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listing timeline with current price, original ask, and market time.
$10,000,000 Investment Opportunity | 706 Leander Drive Leander Heights Business Park: 8-Building Flex-Industrial Campus
706 Leander Drive offers a high-yield portfolio opportunity to acquire a versatile, eight-building commercial campus in the heart of the Austin-metro’s most explosive growth corridor. Spanning approximately 3.2 acres, this established business park is perfectly positioned for an investor seeking a unified campus or an owner-user requiring a multi-structure headquarters.
The Assets: The campus consists of eight standalone structures, strategically designed to provide a mix of professional office-flex and industrial utility:
Professional Office-Flex (6 Buildings): Featuring modern glass storefronts and flexible interior configurations, these buildings are ideal for medical, corporate, and tech-service providers requiring a high-profile presence.
Industrial Warehouse (2 Buildings): Two dedicated structures provide high-clearance, functional space with roll-up door access, optimized for trades, distribution, and light fabrication.
Strategic Upside & Future Flexibility: The property’s unique eight-building layout offers significant long-term flexibility. While currently operated as a single unified campus, the site’s physical configuration provides a compelling foundation for a future investor to explore a condominium regime or formal subdivision (subject to city and county approvals). This "exit strategy" potential offers a distinct value-add path for those looking to eventually divest individual buildings.
Prime Location: Located one mile north of Crystal Falls Parkway between Highway 183 and Toll Road 183-A, the property sits at the epicenter of Leander’s commercial expansion, providing premier logistical access to the Greater Austin area.
Financing: A prime candidate for SBA 504 financing, allowing qualified owner-users to secure a multi-building corporate campus with as little as 10% down.
Property Type
Commercial Sale
Year Built
2018
Lot Size
3.21 acres
Garage
168 spaces
Listed by CENTURY 21 Integra
Property Details
Flooring
Construction
Foundation
Parking
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026 | — | $10,169,216 | $1,817,224 | $8,351,992 |
District context schools are shown because address-level assigned school fields are not available for this property. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($2.0M)
$10,000,000
Luxury property intelligence
A sourced read on Leander Heights Sec 03 pricing, timing, and property scale. No automated valuation claim.
List price
$10,000,000
Price per sqft
Not available
Vs. Leander Heights Sec 03 median
Not available
Days on market
159 days
Original to current
$2M reduction
$12M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 11, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $10,000,000, 706 Leander Dr is in the Leander Heights Sec 03 market where there are currently 613 active listings in 78641. The Keenan Group has completed 6 transactions in 78641 as part of 1,000+ career sales totaling $1B+ across Austin.
706 Leander Dr was built in 2018, making it 8 years old with relatively recent construction.
706 Leander Dr sits on a 3.21-acre lot, providing substantial outdoor living space. Properties of this scale in Austin's luxury market typically feature pool areas, outdoor kitchens, and mature landscaping. Confirm specific amenities with the listing agent.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Car-Dependent
N/A
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
1 event on record
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026 | — | $10,169,216 | $1,817,224 | $8,351,992 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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