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$1,141,179

NAL Estimated Property Value

216 Red Mulberry Way, Leander, TX, 78641

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,733 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$308.06 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Electric Oven, Built-In Electric Range, Cooktop, Dishwasher, Disposal, Electric Cooktop, Electric Range, Exhaust Fan, Microwave, Electric Oven, Electric Water Heater
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting
Lot Size1.14 acres

Building Information

Year Built2019
Stories1
Garage Spaces3

Land Information

APNR-15-2557-200A-0026
Lot Number26
Land UseResidential
Legal DescriptionS11927 - HIGHLAND OAKS PH 2, BLOCK A, LOT 26, ACRES 1.1405
Census Tract020330
Assessed Land Value$180,000
Assessed Improvement Value$961,179
Assessment Year2025

About this property

Enter the front door of this fabulous Jimmy Jacobs Custom Home to find Soaring Ceilings, gleaming tile floors leading from the foyer past the Study/5th bedroom & Formal Dining rooms into the fabulous great room w/wood burning fireplace w/Tile Surround, floor to ceiling windows, 10' & 12' ceilings, opens to a fabulous gourmet kitchen that would delight even the pickiest chef w/its double ovens, space saver microwave, trash cabinet, soft close cabinet doors, quartz countertops, undermount sink, upgraded designer hardware, walk-in pantry & pass through butler pantry/coffee bar, eat-up breakfast bar & eating nook. Master suite w/private, five piece bath, quartz counters, supersized walk-in shower with pebble flooring, jetted soaking tub and double vanities. Game Room with 1/2 bath, over looks rear yard & Pool, 2nd master suite w/full private bath, 2 additional bedrooms & full bath. Pool has heat & cooling systems w/waterfall, covered patio, wrought iron fencing. Cat 6 wiring & surround sound

Investor Tools

Property Icon
$1,141,179
Estimated Property Value
$583,931Estimated Mortgage Balance
$557,248Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,900 /month
Positive
Cash Flow Estimate:
$2,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,906/month
$420/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,165
$1,141,179
2025
$180,000
$961,179
$1,141,179
No

Tax History

Year
Tax Paid
Assessed Value
2025
$17,165
$1,141,179

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Celebrity Home Loans Llc
Conventional
$540,000
No
First
Aug 17, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$583,931
$557,248
48%
51%
$3,838/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,900/mo
$4,258/mo
$-1,358/mo
3.0%

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.

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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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216 Red Mulberry Way | Property Details | No Agent List