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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% |
Rental property for sale in Leander at 17700 Edgewood Way Unit 101, Leander, TX, 78645 generates $2,202/mo in rent, after a $1,322/mo payment. Total monthly income is $2,202/mo. Return on cash invested sits at 13.11% in year one, and rental yield is 9.79% on a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 71.49% and total cumulative return in cash sums $63,985. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,202/mo property income rather than buyer’s personal income.
Condo
Built in 2006
5,662 sqft lot
$N/A/sqft
$1,785 quarterly HOA
Neighborhood data shown for ZIP Code: 78645, Leander, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,635 (100%) |
| Owner Occupied HU | 6,007 (69.6%) |
| Renter Occupied HU | 944 (10.9%) |
| Vacant Housing Units | 1,684 (19.5%) |
| Median Home Value | $614,329 |
| Average Home Value | $720,474 |
Residential
8,108
Single Family
8,037
Multi-Family
71
Businesses
488
Date | Event | Price |
|---|---|---|
| 2025-01-27 | Price change | $270,000 |
| 2024-09-05 | Price change | $295,000 |
| 2024-07-18 | Listed for sale | $300,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $373,923 | 9.90% |
| 2023-02-13 | $6802.28 | -17.75% | $340,242 | -9.53% |
| 2022-02-13 | $8270.16 | N/A | $376,101 | 60.53% |
Listed by: Valerie Kelly • Kelly Realty Team - eXp Realty
Mls Name: HLMLS
Mls Provider:
Mls ID: #169611
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
