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$394,883

NAL Estimated Property Value

16807 Shipshaw River Dr, Leander, TX, 78641

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,686 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$124.56 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOven, Gas Cooktop, Dishwasher, Disposal
FlooringCarpet

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size8,712 sqft

Building Information

Year Built1990
Stories1
Garage Spaces2

Land Information

APNR-17-W309-8E61-2D37-0006
Lot Number37
SubdivisionBlock House Creek
Land UseResidential
Legal DescriptionS3206 - BLOCK HOUSE CREEK PH E SEC 612, BLOCK D, LOT 37, ACRES 0.2
Census Tract020351
Assessed Land Value$81,000
Assessed Improvement Value$313,883
Assessment Year2025

About this property

A must see! Fabulous 1 story~desirable Block House Creek. High end finishes thruout to include, granite counter tops in the kitchen & bthrms, updated lighting, extensive travertine flooring, stainless appliances w/gas cooktop, 3 sided see thru fireplace, an amazing backyard with a pond, extensive covered back patio & an amazing 10x12 separate studio w/window a/c unit, electricity & lots of built ins. Make this fabulous area your private get away. Fabulous neighborhood amenities with pools & parks.FEMA - Unknown Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$394,883
Estimated Property Value
$132,139Estimated Mortgage Balance
$263,125Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,369 /month
Positive
Cash Flow Estimate:
$790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$460/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,543
$394,883
2025
$81,000
$313,883
$394,883
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,543
$394,883

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Capstar Lending Llc
Conventional
$172,000
No
First
Jul 30, 2015
Aug 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$132,139
$262,744
66%
33%
$0/mo

Learn About the Market: Opportunity in Texas

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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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16807 Shipshaw River Dr | Property Details | No Agent List