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B+
NoAgentList RatingHow are grades calculated?Info

$445,000

NAL Estimated Property Value

1101 Ivean Pearson RD E201, Leander, TX, 78645

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,470 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$305.44 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt-In Electric Range
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size12,837 sqft

Building Information

Year Built2008
Stories1
Garage Spaces1

Land Information

APN01527807460000
Lot Number201
SubdivisionWaterstone Condominiums Amended
Land UseResidential
Legal DescriptionUNT 201 BLD E WATERSTONE CONDOMINIUMS AMENDED PLUS 1.23 % INT IN COM AREA
Census Tract037600
Assessed Land Value$78,080
Assessed Improvement Value$426,171
Assessment Year2025

About this property

Welcome to Unit E201 at 1101 Ivean Pearson Dr, a rare single-level 2-bedroom, 2-bath condo in the coveted Waterstone community on Lake Travis. Spanning 1,470 square feet of refined interior living space plus a private 350-square-foot terrace, this residence perfectly balances elevated design with easy lakeside living. Step inside to a fully customized kitchen featuring quartz countertops, modern cabinetry, and high-end appliances, all thoughtfully arranged to capture breathtaking views of Lake Travis. The open-concept living area is bright and airy, enhanced by automated custom shades that make comfort effortless. Both bedrooms are generously sized, and each bathroom combines spa-like finishes with everyday functionality. The single-level layout creates a seamless flow from indoors to out, making it ideal for entertaining on the terrace or simply soaking in the panoramic lake views. As a Waterstone resident, you'll enjoy resort-style amenities including a lakeside pool and hot tub, covered outdoor kitchen and grill area, fire pits, and a private marina with day docks and jet ski slips. Whether you’re looking for a full-time residence or a weekend escape, Unit E201 offers the best of modern design, lock-and-leave convenience, and unbeatable views, all just minutes from Lago Vista’s golf course, local dining, and Hill Country trails.

Investor Tools

Property Icon
$445,000
Estimated Property Value
$0Estimated Mortgage Balance
$445,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,694 /month
Positive
Cash Flow Estimate:
$898 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$682/month
$556/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,958
$430,639
2025
$78,080
$426,171
$504,251
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,958
$430,639

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$445,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$556/mo
+$1,134/mo
4.6%

Learn About the Market: Opportunity in Texas

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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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1101 Ivean Pearson RD E201 | Property Details | No Agent List