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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Leander at 1516 Honaker Way, Leander, TX, 78641 offers a 8.76% rental yield on a $313,000 purchase with $2,284/mo rent. 47% in year one. Equity gained on principal adds $2,020/yr while 5% annual appreciation supports $86,476 over five years. Portfolio math shows five-year ROI at 97.11% and total cumulative return in cash at $100,765. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,284/mo property income against a $1,532/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78641, Leander, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 45,715 (100%) |
| Owner Occupied HU | 32,207 (70.5%) |
| Renter Occupied HU | 9,266 (20.3%) |
| Vacant Housing Units | 4,242 ( 9.3%) |
| Median Home Value | $526,820 |
| Average Home Value | $606,525 |
Residential
41,837
Single Family
37,816
Multi-Family
4,021
Businesses
1,109
Date | Event | Price |
|---|---|---|
| 2025-07-17 | Listing removed | $320,000 |
| 2025-06-19 | Listed for sale | $320,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $7390.69 | 9.56% | $368,524 | 9.37% |
| 2023-11-02 | $6745.63 | -11.63% | $336,940 | -3.72% |
| 2022-11-02 | $7633.61 | 943.48% | $349,967 | 826.70% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
