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$460,000

501 Merlin Ln, Leander, TX, 78641

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,582 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$224.24 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Oven, Gas Oven, Refrigerator, Washer/Dryer
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard

Building Information

Year Built2017
Stories2
Garage Spaces2

Land Information

APNR-17-W314-210K-0008
Lot Number8
Land UseResidential
Legal DescriptionS11355 - CAUGHFIELD PH 1 (AMD), BLOCK K, LOT 8
Census Tract020329
Assessed Land Value$81,500
Assessed Improvement Value$375,960
Assessment Year2025

About this property

Lives like an ACRE - 1/3 acre corner lot shaded by a century oak tree. One block from acclaimed Larkspur Elementary. Soaring great room ceilings and dine-in kitchen. Dramatic Iron railing staircase leads to 2nd floor game room open to great room below. Spacious ground floor main suite with garden tub and walk in shower. Upstairs are 3 more bedrooms and 2 full baths. Main level powder room. Hard flooring thru-out main floor. Includes fridge and W/D (stored in garage). Full 3 car garage. Front door faces west. Short walk to pools and Fitness center.

Investor Tools

Property Icon
$460,000
Estimated Property Value
$579,000Estimated Mortgage Balance
$0Estimated Equity
-26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,474 /month
Positive
Cash Flow Estimate:
$1,158 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$748/month
$60/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$457,460
2025
$81,500
$375,960
$457,460
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$457,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$579,000
No
First
Aug 19, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$539,536
N/A
0%
117%
$3,472/mo

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.

Explore Texas Explore This Area
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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501 Merlin Ln | Property Details | No Agent List