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$775,000

17412 W 1st Street, Leander, TX, 78641

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,035 Sq Ft
price_per_sqft$255.35 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Range, Disposal, Refrigerator, Washer
FlooringVinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Private Yard, Rain Gutters
Lot Size10,550 sqft

Building Information

Year Built2022
Stories2
Roof Type121
Garage Spaces5

Land Information

APN01845503050000
Lot Number316
SubdivisionTrails End Subd Resub No 4 Of Blk 57
Land UseResidential
Legal DescriptionLOT 316 TRAILS END SUBD RESUB NO 4 OF BLK 57
Census Tract037500
Assessed Land Value$114,900
Assessed Improvement Value$348,137
Assessment Year2025

About this property

RECENTLY APPRAISED $25K OVER ASKING — INCREDIBLE VALUE! | INCOME POTENTIAL | MULTI-FAMILY LIVING | HUGE WORKSHOP | NO HOA | NO CITY TAXES | ETJ Modern barndominium just one block from Lake Travis with rare multi-family flexibility, income potential, and protected Hill Country views backing directly to the Balcones Canyonlands Wildlife Refuge. Enjoy scenic views from both the upper deck and covered lower patio overlooking approximately 140 acres of preserved land. Designed for flexibility, the property features two separate living units with private entrances — ideal for multi-generational living, guest quarters, short-term rental opportunities, or long-term income potential. Modern interior finishes make the home completely move-in ready. A massive workshop with two roll-up doors provides excellent space for RV storage, boats, trailers, equipment, hobbies, or a home-based business setup. The large fenced front yard shaded by mature oak trees offers additional usable outdoor space with potential room for an ADU. Located in the ETJ outside city limits, allowing for no city taxes, no HOA restrictions, and greater freedom in how the property can be used. Optional POA membership available for lake amenities. Zoned to highly sought-after Leander ISD, known for strong academics, diverse programs, and consistently solid state ratings.

Investor Tools

$551,108Estimated Mortgage Balance
$247,892Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,794 /month
Positive
Cash Flow Estimate:
$1,598 /month

Interested in this property?

Michelle Varela

Vistas Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$805/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,670
$463,037
2025
$114,900
$348,137
$463,037
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,670
$463,037

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Northpointe Bank
Building Or Construction Loan
$561,750
No
First
Aug 10, 2023
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$551,108
$247,892
31%
69%
$4,671/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,500/mo
$4,821/mo
$-2,321/mo
3.8%

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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