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$619,990

821 Purmela ST, Leander, TX, 78641

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,785 Sq Ft
price_per_sqft$222.62 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
AppliancesBuilt In Gas Oven, Dishwasher, Energy Star Qualified Appliances, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Range Hood, Self Cleaning Oven, Stainless Steel Appliances, Tankless Water Heater
FlooringCarpet, See Remarks, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesExterior Steps, In Wall Pest Control System, Lighting, Private Yard, Rain Gutters

Building Information

Garage Spaces2

Land Information

APNR-17-W606-0201-000M-0009
Lot Number9
Land UseLand
Legal DescriptionS13640 - EDGEWOOD PH 2 SEC 1, BLOCK M, LOT 9
Assessed Land Value$50,000
Assessment Year2025

About this property

Welcome to 821 Purmela Street, Leander, Texas — a stunning new construction home built by M/I Homes. This 2-story home offers 2,785 square feet of thoughtfully designed living space, featuring 4 bedrooms, 3 full bathrooms, and 1 half bathroom. Step inside to discover an open-concept living space that creates a seamless flow between the main gathering areas, perfect for everyday living and entertaining. The quality of design is evident throughout, with carefully selected finishes and well-proportioned rooms that prioritize both comfort and functionality. The owner's bedroom includes a private en-suite bathroom, providing a peaceful retreat at the end of the day. With 3 additional bedrooms, there is plenty of room for family, guests, or a dedicated home office. Key Features: 4 bedrooms and 3 full bathrooms plus 1 half bathroom 2,785 square feet of living space 2-story new construction by M/I Homes Open-concept living space Covered patio for outdoor enjoyment High-quality design and finishes throughout This home is situated in a welcoming neighborhood with convenient proximity to parks, offering opportunities for outdoor recreation and leisure just moments from your front door. The surrounding area provides a friendly atmosphere with well-maintained streets and a strong sense of community among neighbors. This move-in ready home delivers quality construction and a well-designed floorplan suited for today's lifestyle. Interior photos are representative of the Belmont II plan.

Investor Tools

$0Estimated Mortgage Balance
$50,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,720 /month
Positive
Cash Flow Estimate:
$1,240 /month

Interested in this property?

Patrick Easter

M/I Homes Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$21/month
$70/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$50,000
2025
$50,000
N/A
$50,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$50,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$50,000
100%
0%
$0/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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821 Purmela ST | Property Details | No Agent List