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$3,095,000

17011 E Darleen Dr, Leander, TX, 78641

Under ContractInfo
Beds7 Beds
Baths9 Bath
Baths7,813 Sq Ft
price_per_sqft$396.13 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 7Bedrooms 7
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt In Gas Range, Built In Refrigerator, Double Oven, Dryer, Dishwasher, Exhaust Fan, Built In Freezer, Range Hood, Stainless Steel Appliances, Water Softener, Wine Cooler, Wine Refrigerator, Washer
FlooringCarpet, Marble, Stone

Exterior

Private PoolPrivate Pool
Exterior FeaturesBoat Lift, Balcony, Boat Slip, Covered Courtyard, Dock, Garden, Private Yard
Lot Size1.97 acres

Building Information

Year Built2018
Stories2
Roof Type104
Garage Spaces4

Land Information

APN01825308260000
Lot Number2
SubdivisionTrails End Subd
Land UseResidential
Legal DescriptionLOT 2-3 & EAST 5' OF LOT 4 & PT ADJ TRAILS END SUBD & PT ADJ
Census Tract035600
Assessed Land Value$457,640
Assessed Improvement Value$2,501,373
Assessment Year2025

About this property

Unrestricted Lake Travis waterfront estate with private dock, panoramic water views, and exceptional short-term rental potential. Located on nearly 2 acres of premier Lake Travis shoreline, this rare property offers direct lake access with no restrictive HOA limitations, making it an outstanding opportunity for Airbnb, VRBO, luxury vacation rental income, or a private waterfront compound. Designed for both luxury living and investment flexibility, the estate functions beautifully as a primary residence, corporate retreat, multi-generational family compound, or high-performing income property in the Lake Travis short-term rental market. The 7,813-square-foot waterfront compound includes three separate structures: a 5,882 sq ft main residence, a 1,259 sq ft two-bedroom guest house, and a dedicated private gym, all set on a stunning 1.98-acre multi-tiered hillside property with sweeping Lake Travis views. The main residence features four ensuite bedrooms, a fifth flexible room, private elevator, theatre room, and a dramatic great room with floor-to-ceiling windows framing the lake, along with a chef’s kitchen equipped with Thermador appliances and custom cabinetry designed for entertaining. Outdoor amenities rival a private resort with a glass-view resort-style pool, firepit lounge, expansive terraces, steam sauna, and a private hillside tram leading directly to the exclusive dock and Lake Travis shoreline. The property is fully automated with Control4 smart home technology and offered fully furnished, creating a turn-key luxury lakefront estate ready for immediate enjoyment or short-term rental operation. With unrestricted use, private dock access, expansive acreage, and strong demand for Lake Travis vacation rentals, this exceptional waterfront estate offers rare lifestyle appeal combined with powerful long-term investment potential.

Investor Tools

$467,043Estimated Mortgage Balance
$2,800,981Estimated Equity
86% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$19,602 /month
Positive
Cash Flow Estimate:
$6,534 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$5,083/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$44,663
$2,892,062
2025
$457,640
$2,501,373
$2,959,013
No

Tax History

Year
Tax Paid
Assessed Value
2024
$44,663
$2,892,062

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$536,200
No
First
Jan 16, 2020
Feb 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$467,043
$2,893,957
86%
14%
$2,484/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,500/mo
$2,484/mo
+$16/mo
0.9%

City: Leander