Chris Merchant Of Malabar Hill Capital Acquires Development Site In Leander TX From Max Alley Real Estate Services
Old 2243 West
Building Size
135,036 SF
Asset Type
Development Site
Closing
Oct 21, 2025
AI
A development site located at 12232 Hero Way West in Leander, TX, has been transacted. The asset spans 135,036 square feet. The details of the sale reflect the market dynamics and specific characteristics of this property type.
Summary of transation details:
- Property Type: Development Site
- Transaction Amount: Not disclosed
- Buyer: Chris Merchant - Malabar Hill Capital
- Seller: Max Alley Real Estate Services
- Broker: Austin Aguilar - Resolut RE
- Date of transaction: 10/21/2025
This transaction involved key individuals in the real estate sector, specifically Chris Merchant representing Malabar Hill Capital as the buyer, while Max Alley Real Estate Services served as the seller. Austin Aguilar acted as the broker for this deal, facilitating the transaction between the parties involved.
Players
Georgetown Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93