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$1,390,000

1601 Coronado, Leander, TX, 78641

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths3 Bath
Baths3,370 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$412.46 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Free Standing Range, Disposal, Microwave, Refrigerator, Water Softener Owned, Self Cleaning Oven, Vented Exhaust Fan
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBarbecue, Lighting, Outdoor Grill, Private Entrance, Private Yard, Rain Gutters
Lot Size1.04 acres

Building Information

Year Built2003
Stories2
Roof Type105
Garage Spaces3

Land Information

APN05105002060000
Lot Number47
SubdivisionGrand Mesa Ii At Crystal Falls
Land UseResidential
Legal DescriptionLOT 47 GRAND MESA II AT CRYSTAL FALLS
Census Tract036000
Assessed Land Value$300,000
Assessed Improvement Value$733,473
Assessment Year2025

About this property

Welcome to this exceptional 5-bedroom, 3 full bath, and 1 half bath home offering 3,370 square feet of refined living space in the highly desirable Crystal Falls at Grand Mesa. Thoughtfully designed with a two-story layout, this home features both a private primary suite and a convenient in-law suite on the main level—perfect for multi-generational living or hosting guests. From the moment you arrive, you’ll be captivated by the beautifully landscaped, park-like setting. Situated on over an acre and fully enclosed with elegant wrought iron fencing, the property showcases extensive stone flower beds, mature palm, pecan, oak, and magnolia trees, and lush, meticulously maintained grounds. Step outside to your private backyard oasis—designed for both relaxation and entertaining. Enjoy a sparkling pool and hot tub, newly updated with gunite and pool coping, alongside a cabana complete with a drop-down TV. The covered patio and extended deck offer ample space for outdoor gatherings, all beautifully illuminated by OELO exterior automatic lighting. Additional highlights include: Inside, craftsmanship and upgrades abound. Rich bird’s-eye Brazilian hardwood floors, Saltillo tile, and recently updated carpet create a warm, timeless feel, complemented by fresh interior paint and sophisticated triple crown molding. The gourmet kitchen features level 3 granite countertops and seamlessly flows into both formal and casual living spaces, all enhanced by custom window treatments. Other upgrades include: Class 5 synthetic roof with a 50-year warranty, Recent HVAC system replacement, Extensive outdoor living enhancements throughout. This one-of-a-kind property blends luxury, comfort, and resort-style amenities in a serene and spacious setting. A rare opportunity in Grand Mesa at Crystal Falls! THIS ONE IS A MUST SEE

Investor Tools

$494,907Estimated Mortgage Balance
$391,093Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,340 /month
Positive
Cash Flow Estimate:
$2,780 /month

Interested in this property?

Edward Talley

Talley Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,328/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,506
$854,375
2025
$300,000
$733,473
$1,033,473
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,506
$854,375

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Credit Line (Revolving) / Heloc
$500,000
No
First
Nov 28, 2025
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$494,907
$386,093
43%
56%
$2,998/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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1601 Coronado | Property Details | No Agent List