








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 18802 & 18804 Nicklaus Dr, Leander, TX, 78645 offers a 4.92% rental yield on a $599,999 purchase with $2,460/mo rent. 77% in year one. Equity gained on principal adds $3,872/yr while 5% annual appreciation supports $165,769 over five years. Portfolio math shows five-year ROI at 39.39% and total cumulative return in cash at $77,747. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,460/mo property income against a $2,937/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2020
1,132 sqft lot
$N/A/sqft
$215 monthly 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 |
|---|---|---|
| 2024-11-19 | Listed for sale | $599,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Chris Watters • Watters International Realty
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #5742775
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2024-12-27 19:46:54 PST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_27)