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Days23Days on Market
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$535,000

605 W South St ST 36, Leander, TX, 78641

On MarketInfo
Baths0 Bath
Baths3,086 Sq Ft
DuplexDuplex
price_per_sqft$173.36 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Electric Range, Microwave, Free-Standing Refrigerator, Washer
FlooringCarpet, Vinyl

Building Information

Year Built2021
Stories2
Garage Spaces4

Land Information

APNR-17-W426-0000-0036
Land UseResidential
Legal DescriptionC562 - SOUTH STREET VILLAS, UNIT 36, 2.325% COMMON AREA INTEREST
Census Tract020331
Assessed Land Value$125,863
Assessed Improvement Value$450,244
Assessment Year2025

About this property

Welcome to 605 W South Street Unit 36 — an excellent opportunity to own in a convenient and growing location. Whether you're a first-time buyer, investor, or looking to downsize, this property offers low-maintenance living with easy access to shopping, dining, schools, and major commuter routes. Ideally positioned for both convenience and lifestyle, Unit 36 presents a great opportunity to enjoy comfortable living or add to your investment portfolio. Don’t miss your chance to own a well-located property with strong long-term potential! Both units are tenant occupied with year long leases!

Investor Tools

Property Icon
$580,000
Estimated Property Value
$0Estimated Mortgage Balance
$580,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,480 /month
Positive
Cash Flow Estimate:
$1,160 /month

Interested in this property?

Mohammed Mohammedsadeeq

Christie's Int'l Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,289/month
$166/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,562
$576,107
2025
$125,863
$450,244
$576,107
No

Tax History

Year
Tax Paid
Assessed Value
2025
$12,562
$576,107

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$580,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,500/mo
$167/mo
+$2,333/mo
5.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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