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$416,972

2621 Franciscana Way # 23, Leander, TX, 78641

SoldInfo
7/31/26
Beds3 Beds
Baths2 Bath
Baths2,031 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$209.26 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt In Oven, Dishwasher, Gas Cooktop, Disposal, Microwave
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesExterior Steps, Private Yard

Building Information

Year Built2020
Stories1
Garage Spaces1

Land Information

APNR-17-W339-0000-0023
Land UseResidential
Legal DescriptionC543 - PALMERA RIDGE CONDO, UNIT 23, 2.17% COMMON AREA INTEREST
Census Tract020340
Assessed Land Value$97,709
Assessed Improvement Value$319,263
Assessment Year2025

About this property

2621 Franciscana Way delivers the perfect blend of modern style and everyday comfort in one of Leander's most desirable communities. Experience elevated living in this beautifully appointed single-story home built by Perry Homes, designed with clean, contemporary finishes throughout. Complete with 3 bedrooms, 2 bathrooms, and a dedicated home office, this thoughtfully designed floor plan has everything you need. Sleek wood-look tile flows seamlessly through every room, not a single square foot of carpet, giving the home a fresh, modern feel that is as easy to maintain as it is to love. Modern fixtures add a polished touch throughout, reflecting the care and attention to detail that defines this home. The open layout is ideal for entertaining or quiet evenings at home, with natural light filling every corner. The private owners suite offers a true retreat, while the additional bedrooms provide comfortable space for family or guests. A dedicated home office creates the ideal setting for remote work or study, keeping your work-life balance intact. Step outside and enjoy one of this home's most coveted features, a backyard backing directly to a serene greenbelt. Whether it's your morning coffee or an evening unwind, the peaceful natural backdrop and low-maintenance landscaping mean more time relaxing and less time working in the yard. Conveniently located near top-rated Leander ISD schools, the highly rated H-E-B Plus! on US-183, and Costco just minutes away in Cedar Park, daily errands are effortless. A wealth of dining options, including the beloved Blue Corn Harvest Bar & Grill and Paris Baguette, alongside The Shops at Crystal Falls and Lakewood Park with its trails, splash pad, kayaking, and skate park, mean lifestyle and convenience are all right at your doorstep.

Investor Tools

Property Icon
$416,972
Estimated Property Value
$283,436Estimated Mortgage Balance
$162,615Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,095/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,056
$416,972
2025
$97,709
$319,263
$416,972
No

Tax History

Year
Tax Paid
Assessed Value
2025
$11,056
$416,972

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Conventional
$283,436
No
First
Mar 24, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$255,362
$179,638
41%
61%
$1,700/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,500/mo
$1,850/mo
+$650/mo
7.2%

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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2621 Franciscana Way # 23 | Property Details | No Agent List