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$1,178,162

NAL Estimated Property Value

509 Alder Cir, Leander, TX, 78641

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,414 Sq Ft
price_per_sqft$232.22 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Private PoolPrivate Pool
Lot Size1.16 acres

Building Information

Year Built2019
Stories1
Garage Spaces3

Land Information

APNR-15-2557-200A-0031
Lot Number31
Land UseResidential
Legal DescriptionS11927 - HIGHLAND OAKS PH 2, BLOCK A, LOT 31, ACRES 1.1625
Census Tract020330
Assessed Land Value$180,000
Assessed Improvement Value$998,162
Assessment Year2025

About this property

Step inside and you'll find a spacious layout, boasting 4 bedrooms and an office for all your professional needs. Hosting formal gatherings? Our formal dining area is the perfect setting for creating unforgettable memories. And let's not forget our butler's pantry, a convenient addition for all your culinary adventures. The den, generously sized, can be transformed into a multi-functional space - imagine it as your very own office retreat, a media room for family movie nights, a game room for endless fun, or even a vibrant bar/hangout spot. Quality is guaranteed, as this home is in pristine condition and only 4 years old. Marvel at the custom fireplace, mature oak trees, and luxurious custom oversized doors. Parking will never be an issue with an oversized 3-car garage to accommodate all your vehicles. Situated on a lush and manicured acre tract, this home provides the perfect escape from the hustle and bustle of everyday life. This home also backs up to River Ranch Park, a quiet 1300 acre park for equestrian, camping, hiking, and bicycling. You are also, it's just a quick distance to downtown Liberty Hill or Leander, ensuring you have access to all the amenities you need.

Investor Tools

Property Icon
$1,178,162
Estimated Property Value
$739,002Estimated Mortgage Balance
$440,356Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,069 /month
Positive
Cash Flow Estimate:
$2,356 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,638/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,768
$1,178,162
2025
$180,000
$998,162
$1,178,162
No

Tax History

Year
Tax Paid
Assessed Value
2025
$13,768
$1,178,162

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bay Equity Llc
Conventional
$766,550
No
First
Apr 19, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$739,002
$439,160
37%
63%
$4,596/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,900/mo
$4,596/mo
$-1,696/mo
3.0%

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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509 Alder Cir | Property Details | No Agent List