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$399,900

2003 Leeann Dr, Austin, TX, 78758

On MarketInfo
Just AddedInfo
Baths4 Bath
Baths1,777 Sq Ft
DuplexDuplex
price_per_sqft$225.04 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Free Standing Gas Range
FlooringTile, Vinyl

Exterior

Exterior FeaturesNone
Lot Size7,048 sqft

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces2

Land Information

APN02601607190000
Lot Number2
SubdivisionVillage At Walnut Creek Phs 2 Sec 10 Ame
Land UseResidential
Legal DescriptionLOT 2 BLK D VILLAGE AT WALNUT CREEK PHS 2 SEC 10 AMENDED PLAT OF
Census Tract042200
Assessed Land Value$130,943
Assessed Improvement Value$335,580
Assessment Year2025

About this property

A compelling entry point into one of North Austin's most established and in-demand rental corridors — priced at $399,900 with both units currently leased and generating income from day one. Located in the Village at Walnut Creek subdivision on a quiet, duplex-lined street, 2003 Leeann Dr offers two well-appointed 2 bedroom, 2 bathroom units — a full two-bathroom configuration per side that is a meaningful advantage in this rental market and consistently commands stronger rents and greater tenant retention than comparable 2/1 product. Recent updates to the property include new appliances, fresh interior paint, vinyl plank flooring, and upgraded fixtures, reflecting a well-maintained asset with reduced near-term capital expenditure requirements. The location is exceptional by any investor metric. The Village at Walnut Creek places residents immediately adjacent to Walnut Creek Metropolitan Park — 293 acres of trails and green space that serves as a meaningful lifestyle amenity for tenants. Beyond the park, the property sits minutes from The Domain, Q2 Stadium, Austin Community College Northridge Campus, North Austin Medical Center, and major employers including Dell and Apple campuses. Easy access to Mopac (Loop 1), Parmer Lane, and I-35 makes this one of the most commuter-friendly addresses in North Austin.

Investor Tools

Property Icon
$466,523
Estimated Property Value
$0Estimated Mortgage Balance
$466,523Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,799 /month
Positive
Cash Flow Estimate:
$933 /month

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Patrick Juve

Neighborhood Realty&Prop Mgmt

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,064/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,436
$466,523
2025
$130,943
$335,580
$466,523
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,436
$466,523

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$466,523
100%
0%
$0/mo

Learn About the Market: Opportunity in Austin

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Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

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Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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2003 Leeann Dr | Property Details | No Agent List