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$375,000

508 Olmos Dr, Leander, TX, 78641

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,158 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.73 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built2006
Stories1
Garage Spaces2

Land Information

APNR-17-W350-130J-0044-0004
Lot Number44
SubdivisionVista Ridge
Land UseResidential
Legal DescriptionS8822 - VISTA RIDGE PH 3, BLOCK J, LOT 44
Census Tract020331
Assessed Land Value$84,500
Assessed Improvement Value$286,525
Assessment Year2025

About this property

New 30 year Shingles roof just installed. Welcome to your new home in the beautiful Vista Ridge subdivision in the heart of Leander! A mere 5 minutes to HEB, shopping, and dining and 10 minutes to the 183 Tollway, this charming 3 bed, 2 bath residence boasts a mother in law floor plan and has the perfect blend of comfort and convenience. Step inside to discover an inviting open-concept layout seamlessly connecting the kitchen to the spacious living room, ideal for both everyday living. The kitchen features an island, built-in oven, and ample cabinetry for all your culinary needs. The home also features a sizable formal dining room upon entry perfect for holiday entertainment. Escape to the serene primary suite which offers a luxurious retreat with a soaking tub, stand-alone shower, dual vanity, and a generously sized closet. Just off the primary suite, you can find a flex room that could be used as a nursery, office, playroom, or 4th bedroom. The secondary bedrooms are located in the center of the home just behind the garage which provides privacy from the street. The secondary bedrooms share a full bath. Outside, enjoy the tranquility of the fenced backyard complete with a porch featuring a ceiling fan to keep you cool on those warm summer days. With 2 garage spaces and the allure of mature trees providing shade in the front yard, this home epitomizes comfort and relaxation. Don't miss out on the opportunity to make this move in ready home your own piece of paradise in Leander. Schedule your showing today!

Investor Tools

Property Icon
$375,000
Estimated Property Value
$304,000Estimated Mortgage Balance
$82,875Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$708/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,624
$371,025
2025
$84,500
$286,525
$371,025
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,624
$371,025

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Optimum First Inc
Conventional
$304,000
No
First
Mar 27, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$292,601
$78,424
21%
78%
$1,823/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.

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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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508 Olmos Dr | Property Details | No Agent List