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$437,116

NAL Estimated Property Value

1605 Gerald Ln, Leander, TX, 78641

SoldInfo
8/26/26
Beds4 Beds
Baths3 Bath
Baths2,205 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.04 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Dishwasher, Energy Star Qualified Appliances, Exhaust Fan, Free Standing Range, Disposal, Gas Range, Microwave, Oven, Refrigerator, Range Hood, See Remarks, Stainless Steel Appliances, Tankless Water Heater, Washer
FlooringCarpet, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters

Building Information

Year Built2019
Stories1
Garage Spaces2

Land Information

APNR-17-W349-220I-0007
Lot Number7
Land UseResidential
Legal DescriptionS11598 - STEWART CROSSING PH 2, BLOCK I, LOT 7
Census Tract020339
Assessed Land Value$100,000
Assessed Improvement Value$337,116
Assessment Year2025

About this property

“New carpets have been installed.” Beautiful 4-bedroom, 3-bath home in the desirable Stewart Crossing community of Leander! This spacious 2-story home offers an open-concept floor plan with plenty of natural light, a spacious living area, and a well-appointed kitchen featuring modern appliances and ample cabinet space. The home includes a comfortable primary suite, generously sized secondary bedrooms, and a flexible layout perfect for families or those needing extra space for a home office or guests. Enjoy a private backyard, attached 2-car garage. Located in highly desirable Leander ISD and close to shopping, dining, parks, and major roadways. Conveniently located near Gateway Shopping Center, Crystal Falls Town Center, and other everyday conveniences along US-183. Enjoy nearby outdoor recreation at parks such as Devine Lake Park and Lakewood Park. Easy access to major employers, restaurants, entertainment, and commuter routes makes this home a great choice for comfortable Leander living.

Investor Tools

Property Icon
$437,116
Estimated Property Value
$215,300Estimated Mortgage Balance
$223,526Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,623 /month
Positive
Cash Flow Estimate:
$874 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$933/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,010
$437,116
2025
$100,000
$337,116
$437,116
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,010
$437,116

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$239,440
No
First
Jan 22, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,300
$221,816
50%
49%
$1,436/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,900/mo
$1,436/mo
+$1,464/mo
8.0%

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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1605 Gerald Ln | Property Details | No Agent List