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$489,000

848 Mediterranean Dr, Leander, TX, 78641

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,216 Sq Ft
SingleFamilyResidenceSingleFamilyResidence
price_per_sqft$220.67 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOven, Dishwasher, Disposal, Exhaust Fan, Microwave, Tankless Water Heater
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool

Building Information

Year Built2019
Stories1
Garage Spaces2

Land Information

APNR-17-W366-201G-0017
Lot Number17
Land UseResidential
Legal DescriptionS11657 - MARBELLA PH 1, BLOCK G, LOT 17
Census Tract020339
Assessed Land Value$127,000
Assessed Improvement Value$420,371
Assessment Year2025

About this property

Welcome to 848 Mediterranean Dr in Leander, Texas — a beautifully designed home nestled in a desirable gated community surrounded by greenbelt views, scenic sidewalks, and charming neighborhood picnic areas. Conveniently located near parks, trails, and outdoor recreation, this exceptional property also offers quick access to schools, shopping, dining, entertainment, and major commuter routes connecting to Austin and surrounding areas. Situated next to a peaceful greenbelt on a spacious interior lot, this stunning 3-bedroom, 2-bath home with a dedicated study/office offers the perfect blend of comfort, elegance, and functionality. Step inside to a welcoming foyer entrance leading into an open-concept layout featuring a spacious living room with a unique ceiling fan allowing for lighting adjustments, and two dining areas ideal for entertaining. The kitchen is designed to impress with quartz countertops, a beautiful backsplash, a large center island, stainless steel appliances, and a gas cook top stove perfect for everyday cooking and hosting guests alike. The private owner’s suite offers a relaxing retreat complete with a stylish accent wall, retractable blade ceiling fan, two vanities, and a spacious walk-in closet. Step outside and enjoy Texas evenings under the covered patio featuring an outdoor fireplace, plus an additional firepit area perfect for gatherings and relaxation. This home combines location, style, and lifestyle amenities all in one exceptional package. Schedule your private showing today and experience everything this beautiful home has to offer.

Investor Tools

$272,141Estimated Mortgage Balance
$276,385Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,284 /month
Positive
Cash Flow Estimate:
$1,095 /month

Interested in this property?

Dennis Ciani

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$970/month
$85/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,907
$547,371
2025
$127,000
$420,371
$547,371
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,907
$547,371

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Va
$310,800
Yes
First
Dec 13, 2019
Jan 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$272,141
$275,230
50%
50%
$1,864/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,500/mo
$1,949/mo
+$551/mo
5.5%

City: Leander

848 Mediterranean Dr | Property Details | No Agent List