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$1,275,000

121 Lakewood Trl, Leander, TX, 78641

On MarketInfo
Beds5 Beds
Baths2 Bath
Baths2,757 Sq Ft
SingleFamilyResidenceSingleFamilyResidence
price_per_sqft$462.46 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Free Standing Range
FlooringCarpet, Vinyl, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesSee Remarks
Lot Size2.52 acres

Building Information

Year Built1998
Stories2
Garage Spaces2

Land Information

APNR-17-W333-70A0-0011-0005
Lot Number11
SubdivisionLakewood Country Estates
Land UseResidential
Legal DescriptionS9845 - LAKEWOOD COUNTRY ESTATES PH 1 (BLK A LT 11 RESUB), BLOCK A, LOT 11A, ACRES 2.52
Census Tract020351
Assessed Land Value$651,188
Assessed Improvement Value$444,897
Assessment Year2025

About this property

*Country living on 2.52 acres in town* Main House of 2,757 SF + Separate Guest House of approx. 1,000 SF * Multi-General Housing * STR- Short-Term Rental *Chicken Coops * Garden * Putting Green *Community Lake Access *Low Tax Rate of 1.7% *Not in City Limits *Only 1.7 Miles from Whole Foods. Horses allowed. Welcome to this extraordinary multi-structure estate offering the perfect blend of country living and modern comfort. Nestled among mature oak trees and lush green pastures, this remarkable property features a spacious main residence, a beautifully appointed guest house, and a wealth of outdoor amenities — all set on beautifully landscaped acreage with sweeping open views. The main home boasts an inviting layout with rich hardwood floors, a cozy brick fireplace, and an abundance of natural light throughout. The updated kitchen showcases white cabinetry, stainless steel appliances, and generous counter space. The main house offers 4 bedrooms and 2.5 bathrooms. The red barn guest house offers approx. 1,000 additional SF and is a destination in itself — featuring soaring vaulted ceilings, 1 private bedroom, 2 full bathrooms, a full kitchen, dining area, utility room, and and an upstairs loft. Whether used for extended family, visiting guests, or rental income, this space offers truly exceptional flexibility and style. Outdoors, this property is an entertainer's and hobbyist's dream. Sharpen your short game on the private putting green, gather around the fire pit under a canopy of mature shade trees, tend to established gardens, and enjoy the charm of your very own chicken coop. Covered storage areas and wide open spaces round out this one-of-a-kind country retreat.

Investor Tools

$389,503Estimated Mortgage Balance
$707,344Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,650 /month
Positive
Cash Flow Estimate:
$2,550 /month

Interested in this property?

Angela Hill

Teamly Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,335/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,538
$1,096,085
2025
$651,188
$444,897
$1,096,085
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,538
$1,096,085

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometown Lenders Inc
Conventional
$431,478
No
First
Apr 12, 2021
May 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$389,503
$706,582
64%
36%
$2,587/mo

City: Leander

121 Lakewood Trl | Property Details | No Agent List