








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Leander at 15203 Dormax Cir, Leander, TX, 78641 generates $5,558/mo in rent and, after a $3,808/mo payment, leaves $17/mo in cash flow. Total monthly income is $5,558/mo, and annual cash flow is $209/yr on $255,962 invested. Return on cash invested sits at 20.14% in year one, and rental yield is 8.57% on a $778,000 entry. Equity gained on principal adds $5,020/yr, while 5% annual appreciation builds toward $214,947 over five years. Five-year ROI reaches 105.3% and total cumulative return in cash sums $269,521. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,558/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
2.88 Acres lot
$N/A/sqft
$8 monthly 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 |
|---|---|---|
| 2025-06-09 | Listing removed | $799,900 |
| 2025-05-19 | Listed for sale | $799,900 |
| 2025-05-09 | Contingent | $799,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-12 | $12216.31 | 13.02% | $764,500 | 10.00% |
| 2023-10-12 | $10809.11 | -14.12% | $695,000 | N/A |
| 2022-10-12 | $12585.71 | N/A | $695,000 | 70.00% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A