








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 608 Mallow Rd, Leander, TX, 78641 at $1,000,000 posts ROI 5.09% with from $3,098/mo rent. Total monthly income equals $3,098/mo. Return on cash invested measures 5.09% and rental yield reads 3.72% at the current $1,000,000. Equity gained on principal adds $6,453/yr, and 5% annual appreciation supports $276,282 by year five. Five-year ROI prints 24.7% and total cumulative return in cash totals $81,256. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,098/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
0.25 Acres lot
$N/A/sqft
$90 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 |
|---|---|---|
| 2025-04-12 | Listed for sale | $1,000,000 |
| 2025-01-16 | Listing removed | $1,050,000 |
| 2024-10-22 | Listed for sale | $1,050,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Brian J. Weinzetl • All City Real Estate
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #575963
Disclaimer: Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. 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. Copyright 2025 Central Texas MLS, All Rights Reserved.