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$338,000

NAL Estimated Property Value

408 Broade Way, Leander, TX, 78641

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,736 Sq Ft
price_per_sqft$97.93 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Refrigerator
FlooringSee Remarks

Exterior

Exterior FeaturesExterior Steps
Lot Size19,994 sqft

Building Information

Year Built1920
Stories1

Land Information

APNR-17-W000-6000-0029-A004
Land UseResidential
Legal DescriptionAW0006 HARMON, E. D. SUR., ACRES .459
Census Tract020331
Assessed Land Value$131,961
Assessed Improvement Value$152,913
Assessment Year2025

About this property

Calling all investors! Nestled in the heart of Leander, TX this prime investment opportunity is located just minutes from Downtown and surrounded by a wave of new development, including retail, commercial spaces, apartments, and residential subdivisions. With major developments rising nearby, this is your chance to capitalize on a highly discounted property in a highly sought-after location. With a county-appraised value of $276,988, this fixer upper is being sold as-is, cash only, making it an ideal fix and flip, rental project or long-term investment. The highly motivated seller will make no repairs, offering this vacant, investor-grade property as is where is—an investor special perfect for those ready to put in some TLC and unlock its impressive ARV. Don’t miss out on this investment property in an investor-friendly market!

Investor Tools

Property Icon
$338,000
Estimated Property Value
$0Estimated Mortgage Balance
$338,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,028 /month
Positive
Cash Flow Estimate:
$676 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$608/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,602
$284,874
2025
$131,961
$152,913
$284,874
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,602
$284,874

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$284,874
100%
0%
$0/mo

City: Leander

408 Broade Way | Property Details | No Agent List