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$351,000

617 Sierra Mar Loop, Leander, TX, 78641

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,948 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.87 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Dishwasher, Disposal, Exhaust Fan, Microwave, Stainless Steel Appliance(s)
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool

Building Information

Year Built2017
Stories1
Garage Spaces2

Land Information

APNR-17-W346-205G-0018
Lot Number18
Land UseResidential
Legal DescriptionS11241 - SUMMERLYN SOUTH SEC 5, BLOCK G, LOT 18
Census Tract020329
Assessed Land Value$79,000
Assessed Improvement Value$271,424
Assessment Year2025

About this property

Brand New Never Lived in Home in Summerlyn: Great one story home... Home features 3 bedrooms/ 2 full baths*Great Spacious Bonus Room with French Doors, could be 2nd living/home office/game room* Awesome kitchen with Granite,stainless steel appliances and a large island* nice master suite with two vanities,big soaking tub and separate shower* Nice covered back porch that overlooks private woods. Washer/Dryer/Fridge stay with Lease* Sprinkler Sys:Yes

Investor Tools

Property Icon
$351,000
Estimated Property Value
$187,563Estimated Mortgage Balance
$183,014Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,106 /month
Positive
Cash Flow Estimate:
$702 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$784/month
$87/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,658
$350,424
2025
$79,000
$271,424
$350,424
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,658
$350,424

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City First Mortgage Services Llc
Conventional
$187,563
No
First
Dec 21, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$168,320
$183,680
52%
48%
$1,125/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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