




$399,900
2003 Leeann Dr, Austin, TX, 78758
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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.
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Learn About the Market: Opportunity in Austin




Explore
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.
Population Growth
~0.4%
Net Migration
Positive
Median Home Price
$555,300
Unemployment Rate
3.20%
Price Trend
~0.4% YoY growth
New Permits
2,269 units
City: Austin
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