








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 737 Leeward Pass, Leander, TX, 78641 priced at $649,898 converts $3,098/mo rent into after a $3,181/mo obligation. Total monthly income equals $3,098/mo. Return on cash invested prints 11.51% in year one, and rental yield reads 5.72% against a $649,898 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation compiles into $179,555 by year five. Five-year ROI reaches 58.99% and total cumulative return in cash sums $126,138. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,098/mo property income covering a $3,181/mo payment, not borrower’s personal income.
Single Family
Built in 2022
0.29 Acres 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: David L. Morris • Pure Realty
Mls Name: Central Texas MLS
Mls ID: #597022