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$476,536

NAL Estimated Property Value

621 Little Draw Ln, Leander, TX, 78641

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,990 Sq Ft
price_per_sqft$157.19 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Exhaust Fan, Free Standing Gas Range, Disposal, Gas Water Heater, Microwave, Plumbed For Ice Maker
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting, No Exterior Steps, Private Yard, Rain Gutters

Building Information

Year Built2021
Stories2
Garage Spaces2

Land Information

APNR-17-W314-310Q-0066
Lot Number66
Land UseResidential
Legal DescriptionS12418 - CAUGHFIELD PH 10, BLOCK Q, LOT 66
Census Tract020329
Assessed Land Value$81,500
Assessed Improvement Value$395,036
Assessment Year2025

About this property

**INTEREST RATE INCENTIVE *5.875% - Provided by Town Lake Lending*See Listing Documents for more information** Located in the vibrant Larkspur community, this stunning 4-bedroom, 3.5-bath home offers convenient access to major Austin employers and amenities. Apple (25 miles), Google (28 miles), IBM (27 miles), and Downtown Austin (30 miles) are all within easy reach. The area’s growth continues with the exciting announcement of a new Target coming to the nearby intersection of Hwy 29 and Hwy 183, just 2 miles away. With direct access to the neighborhood's popular trails that wind down to the scenic San Gabriel River, this home backs up to a lush greenbelt, providing a serene backyard escape surrounded by beautiful tree lines. Inside, you'll find an impressive layout with soaring high ceilings and modern hand-railing accents that create an open, airy atmosphere. The well-appointed kitchen boasts granite countertops, ample storage for all your culinary needs, and a natural gas cooktop that will delight home chefs. The main floor includes a dedicated study, ideal for those working from home, primary ensuite, dual-entry laundry room, while an expansive game room upstairs with three secondary bedrooms offer the perfect space for entertaining or relaxing with family. The primary suite is a true retreat, featuring a popular walkthrough design that connects the spacious walk-in closet directly to the laundry room—offering convenience and functionality. The epoxy flooring in the garage is another thoughtful touch, providing a clean and durable surface for storage or hobbies. Living in Larkspur means enjoying a well-maintained neighborhood with incredible amenities, including two pools (resort-style and lap), a splash pad, two playgrounds, a resident-only gym, a clubhouse, and a ½ basketball court. The HOA fee of $60/month and a tax rate of 2.52% (with MUD) provide access to these community perks.

Investor Tools

Property Icon
$476,536
Estimated Property Value
$381,168Estimated Mortgage Balance
$95,368Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,859 /month
Positive
Cash Flow Estimate:
$953 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,134/month
$60/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,229
$476,536
2025
$81,500
$395,036
$476,536
No

Tax History

Year
Tax Paid
Assessed Value
2025
$11,229
$476,536

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$388,000
No
First
May 20, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$381,168
$95,368
20%
80%
$2,327/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,900/mo
$2,387/mo
+$513/mo
7.3%

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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621 Little Draw Ln | Property Details | No Agent List