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$749,000

621 Altea Drive, Leander, TX, 78641

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,862 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$261.71 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Dishwasher, Gas Cooktop, Disposal, Gas Water Heater, Range Hood, Vented Exhaust Fan, Water Heater, Some Gas Appliances, Built In Oven, Cooktop, Microwave, Water Softener Owned
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesCovered Patio, Deck, Gas Grill, Lighting, Outdoor Grill, Outdoor Kitchen, Porch, Patio, Rain Gutters

Building Information

Year Built2021
Stories1
Garage Spaces3

Land Information

APNR-17-W339-006R-0003
Lot Number3
Land UseResidential
Legal DescriptionS12393 - PALMERA RIDGE SEC 6, BLOCK R, LOT 3
Census Tract020340
Assessed Land Value$134,000
Assessed Improvement Value$512,605
Assessment Year2025

About this property

Perched on a premium view lot in the highly sought-after Palmera Ridge community, this stunning single-story home offers the perfect blend of elevated design, modern comfort, and breathtaking Hill Country views. From the moment you step inside, you’re greeted by expansive sight lines, rich wood flooring, and an open-concept layout designed for both everyday living and effortless entertaining. A wall of sliding glass doors seamlessly connects the interior to the outdoor living space, capturing sweeping two-mile views and creating true indoor-outdoor living. The chef’s kitchen is both functional and impressive, featuring a massive center island, granite countertops, stainless steel appliances, double ovens, a walk-in pantry, and a butler’s pantry—ideal for hosting gatherings of any size. The private primary suite is a true retreat, complete with bay windows framing serene views, a spa-inspired bath, and a custom California Closet system designed for optimal organization. Thoughtfully equipped with premium technology, the home includes Stealth Acoustics surround sound, programmable electric shades, and enhanced Wi-Fi connectivity to support today’s connected lifestyle. Step outside to your personal backyard oasis, where a covered patio with a wood-burning fireplace, built-in grill, and beverage refrigerator invites year-round enjoyment. Expanded multi-level decking creates multiple spaces for relaxing, dining, and entertaining—all set against a stunning natural backdrop. A versatile attached guest suite offers its own living area, bedroom, and full bath—perfect for multi-generational living, long-term guests, or a private home office. Additional highlights include a spacious three-car garage and a recently replaced roof(September 2025), offering added peace of mind. Located just minutes from the Leander Metro Station. This home has been pre-inspected! Seller open to contributing toward buyer closing costs or rate buy-down with acceptable offer.

Investor Tools

$550,120Estimated Mortgage Balance
$240,880Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,746 /month
Positive
Cash Flow Estimate:
$1,582 /month

Interested in this property?

Marion Lamantia

Magnolia Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,294/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,567
$646,605
2025
$134,000
$512,605
$646,605
No

Tax History

Year
Tax Paid
Assessed Value
2025
$11,567
$646,605

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmc Home Lending
Conventional
$411,955
No
First
Nov 22, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$550,120
$240,880
30%
70%
$3,520/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,900/mo
$3,570/mo
$-670/mo
4.4%

City: Leander