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B+
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$342,446

507 Washington Square Dr, Leander, TX, 78641

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,612 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.15 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringCarpet

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone

Building Information

Year Built2005
Stories1
Garage Spaces1

Land Information

APNR-17-W326-507C-0116-0006
Lot Number116
SubdivisionHorizon Park
Land UseResidential
Legal DescriptionS8371 - HORIZON PARK SEC 7, BLOCK C, LOT 116
Census Tract020319
Assessed Land Value$81,000
Assessed Improvement Value$261,446
Assessment Year2025

About this property

Nice 1-story home in Horizon Park. Open, 4 bed/2 bath Open 4-2 floor plan with spacious bedrooms, as well as a garden tub! Community swimming pool and park near by.

Investor Tools

Property Icon
$342,446
Estimated Property Value
$277,500Estimated Mortgage Balance
$89,037Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,055 /month
Positive
Cash Flow Estimate:
$685 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$702/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,707
$342,446
2025
$81,000
$261,446
$342,446
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,707
$342,446

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loanpeople Llc
Conventional
$277,500
No
First
Oct 21, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$253,888
$88,558
25%
74%
$1,664/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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507 Washington Square Dr | Property Details | No Agent List