$995,000
414 Lion DR, Leander, TX, 78641
On Market
Just Added
Highlights
Interior
Exterior
Lot Size2.04 acres
Land Information
APNR-17-W337-000B-0007-0004
Lot Number7
SubdivisionLeander Heights
Land UseResidential
Legal DescriptionS3981 - LEANDER HEIGHTS SEC 2, BLOCK B, LOT 7, ACRES 2.04
Census Tract020332
Assessed Land Value$533,174
Assessment Year2025
About this property
2 acres in the heart of Leander with entitlements for 21 townhomes! 414 Lion Drive is a great opportunity develop and build 21 town homes! Walking distance to elementary school and middle school! Fantastic location within 1 mile of toll road 183A, with access to everything including downtown Austin, ABIA airport, and major employment centers! Many national retail and shopping centers close by.
Investor Tools
$1,633,360Estimated Mortgage Balance
$533,174Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,970 /month
Positive
Cash Flow Estimate:
$1,990 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,046/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,885
$533,174
2025
$533,174
N/A
$533,174
No
Tax History
Year
Tax Paid
Assessed Value
2025
$9,885
$533,174
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Celtic Bank Corporation
Sba Participation Trust Deed
$1,778,600
No
First
Feb 28, 2022
Feb 2047
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,633,360
N/A
0%
306%
$10,664/mo
