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Days69Days on Market
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$1,200,000

1204 S Gabriel Dr, Leander, TX, 78641

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,779 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$674.54 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Exhaust Fan, Gas Range, Microwave, Free-Standing Range, Electric Water Heater
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPlayground, Private Yard, RV Hookup
Lot Size3.90 acres

Building Information

Year Built1998
Stories1
Garage Spaces1

Land Information

APNR-17-W332-0000-0018-0001
Lot Number18
SubdivisionHigh Gabriel East
Land UseResidential
Legal DescriptionS3776 - HIGH GABRIEL EAST, LOT 18 & 17, ACRES 3.9
Census Tract020340
Assessed Land Value$793,038
Assessed Improvement Value$285,875
Assessment Year2025

About this property

The Ultimate Live-Work Estate in Leander | 3.9 Acres near the San Gabriel. Rustic Charm & Modern Comfort. Step into this 1,779 sq. ft. sanctuary that perfectly blends Texas Hill Country warmth with modern functionality. This 3-bedroom, 3-bathroom home features striking Saltillo tile flooring throughout the main living areas, offering a timeless southwestern feel. The heart of the home is a chef-inspired kitchen, anchored by a custom cedar-plank island with sleek granite countertops and a professional-grade vent hood. After a long day, retreat to the nice back porch to enjoy the quiet Texas evenings. The Workshop: A True Professional Hub. Just steps from the main house sits a massive 1,794 sq. ft. workshop—a dream for entrepreneurs, craftsmen, or collectors. This versatile space is actually larger than the main residence and includes two separate, private office spaces, making it the ideal headquarters for a home business, creative studio, or high-end hobbyist. The Land: Privacy, Security & Family Space. Situated on 3.9 sprawling acres, this property is fully fenced and gated, providing ultimate privacy and peace of mind. There is plenty of yard space for all kinds of outdoor games to be played within the perimeter. You are minutes away from Leander’s premier retail centers and dining, yet you feel worlds away from the city bustle. Best of all, the South Fork of the San Gabriel River is right across the street, providing scenic views and recreational opportunities like kayaking, fishing, and tubing. Work, play, and live "away from it all" without sacrificing city convenience.

Investor Tools

Property Icon
$1,078,913
Estimated Property Value
$215,400Estimated Mortgage Balance
$893,951Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,200 /month
Positive
Cash Flow Estimate:
$2,400 /month

Interested in this property?

Jill Decker

Lakes and Hills Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,545/month
$36/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,141
$1,078,913
2025
$793,038
$285,875
$1,078,913
No

Tax History

Year
Tax Paid
Assessed Value
2025
$13,141
$1,078,913

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Austin Telco Fcu
Conventional
$215,400
No
First
May 15, 2019
Jun 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$185,373
$893,540
82%
17%
$1,292/mo

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.

Explore Texas Explore This Area
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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