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$357,980

NAL Estimated Property Value

500 Deercreek Ln, Leander, TX, 78641

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,304 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$95.49 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Cooktop, Dishwasher, Disposal, Microwave, Oven, Water Heater
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard

Building Information

Year Built1987
Stories2
Garage Spaces2

Land Information

APNR-17-W339-201D-0015-0002
Lot Number15
SubdivisionNorth Creek
Land UseResidential
Legal DescriptionNORTH CREEK SEC 1, BLOCK D, LOT 15
Census Tract020343
Assessed Land Value$76,000
Assessed Improvement Value$281,980
Assessment Year2025

About this property

JUSTED REDUCED BY $10K #BEST $/SQFT in Leander @ $220k or under. HIGHLY MOTIVATED SELLER! BRING ANY OFFER! This home was the subdivision's Model Home. It's a perfect choice for a buyer to do an owner/occupant remodel purchase loan or for an investor to shine this wonderful home up! The house has huge BRs and has the potential for a garage office, guest room, or a rental opportunity. Garage has some finish out already in place to make it income potential for the buyer. This home make a great investment!FEMA - Unknown Guest Accommodations: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$357,980
Estimated Property Value
$210,707Estimated Mortgage Balance
$147,273Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,148 /month
Positive
Cash Flow Estimate:
$716 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$610/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,526
$357,980
2025
$76,000
$281,980
$357,980
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,526
$357,980

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Va
$242,707
Yes
First
Sep 27, 2019
Oct 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$210,707
$147,273
41%
59%
$1,456/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,500/mo
$1,456/mo
+$1,044/mo
8.4%

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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500 Deercreek Ln | Property Details | No Agent List