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$540,000

1233 Cornith Ln, Leander, TX, 78641

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,469 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.01 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8,015 sqft

Building Information

Year Built2021
Stories2
Garage Spaces2

Land Information

APNR-17-W313-3178-M012
Lot Number12
Land UseResidential
Legal DescriptionS11458 - MASON RANCH PH 1 SEC 7 & 8, BLOCK M, LOT 12, ACRES 0.184
Census Tract020338
Assessed Land Value$105,000
Assessed Improvement Value$377,296
Assessment Year2025

About this property

2 Story Single Family home with spacious Backyard. Stunning 4 bedrooms , 3.5 Bath house. All the rooms are available and there are two hanging storage spaces in Garage. we have Indian vegetables growing in the back-yard (Multiple vegetables, needs to be watered everyday). Gym equipment in an extended patio (Treadmill, Cycle and Rowing machine). One king size bed and mattress is available in the property

Investor Tools

Property Icon
$540,000
Estimated Property Value
$299,985Estimated Mortgage Balance
$268,145Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,240 /month
Positive
Cash Flow Estimate:
$1,080 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$931/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,472
$482,296
2025
$105,000
$377,296
$482,296
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,472
$482,296

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kbhs Home Loans Llc
Unknown
$299,985
No
First
Jun 22, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$272,380
$233,620
46%
50%
$1,799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,900/mo
$1,799/mo
+$1,101/mo
6.4%

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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1233 Cornith Ln | Property Details | No Agent List