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$442,134

NAL Estimated Property Value

116 Empress Tree Dr, Leander, TX, 78641

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,502 Sq Ft
price_per_sqft$155.88 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Exhaust Fan, Gas Range, Microwave, Stainless Steel Appliance(s), Water Heater
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesLighting, Private Yard

Building Information

Year Built2020
Stories2
Garage Spaces1

Land Information

APNR-17-W314-25AA-0183
Lot Number183
Land UseResidential
Legal DescriptionS12133 - CAUGHFIELD PH 5, BLOCK AA, LOT 183
Census Tract020329
Assessed Land Value$81,500
Assessed Improvement Value$360,634
Assessment Year2025

About this property

**MULTIPLE OFFERS IN HAND. DEADLINE FOR ALL OFFERS - THURSDAY 4/23 @ 5PM**Tucked away on a cul-de-sac in Larkspur and backing to a private greenbelt with no rear neighbors, this home offers a rare combination of privacy, functional layout, and proximity to major retail and daily conveniences. Located just 5–7 minutes from upcoming developments including Costco, Target, Home Depot, and Walmart, the location delivers both immediate livability and long-term growth potential. Larkspur residents enjoy access to resort like amenities including two swimming pools, two fitness centers, walking trails, multiple playgrounds, and a community clubhouse that is perfect for private parties. Zoned to Larkspur Elementary, Danielson Middle School, and Glenn High School, with a tax rate of 2.53% and HOA dues of $60/month. Inside, the home features a highly sought-after layout with three bedrooms on the main level, including the primary suite, plus an additional bedroom, full bathroom, and gameroom upstairs—ideal for multi-generational living, guest space, or a private retreat. The main living area is anchored by soaring ceilings of approximately 25 feet, creating an open, airy feel with natural light and a clear sightline between the kitchen, dining, and living spaces. The kitchen is designed for both everyday use and entertaining, featuring white cabinetry, granite countertops, stainless steel appliances, natural gas cooking, and a large island with bar seating. The primary suite offers a spacious layout with a walk-in shower, updated gold-accent mirrors and lighting, and a generous walk-in closet. Additional features include a Texas basement (walk-in attic) for accessible storage, a flat and extended driveway, and a backyard that opens directly to the greenbelt—providing added privacy and a quiet outdoor setting.

Investor Tools

Property Icon
$442,134
Estimated Property Value
$216,852Estimated Mortgage Balance
$225,282Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,653 /month
Positive
Cash Flow Estimate:
$884 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$992/month
$60/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,691
$442,134
2025
$81,500
$360,634
$442,134
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,691
$442,134

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Conventional
$245,592
No
First
May 12, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$216,852
$225,282
50%
49%
$1,473/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,500/mo
$1,533/mo
+$967/mo
6.8%

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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116 Empress Tree Dr | Property Details | No Agent List