




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 508 Landing Ln, Leander, TX, 78641 offers $3,224/mo rent that, after a $2,740/mo payment. Total monthly income is $3,224/mo. Return on cash invested measures 13.34% in year one, and rental yield stands at 6.91% at a $559,900 entry. Equity gained on principal adds $3,613/yr while 5% annual appreciation compounds into $154,690 by year five. Five-year ROI records 69.5% and total cumulative return in cash reaches $128,026. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,224/mo property income versus a $2,740/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
7,668 sqft 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 |
|---|---|---|
| 2025-08-28 | Listing removed | $599,900 |
| 2025-08-11 | Contingent | $599,900 |
| 2025-07-12 | Price change | $599,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-08 | $12579.84 | -4.04% | $622,000 | -4.20% |
| 2023-10-08 | $13109.11 | -9.00% | $649,279 | -0.89% |
| 2022-10-08 | $14404.83 | 925.20% | $655,142 | 809.92% |



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