








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 8125 Joy Rd, Leander, TX, 78641 priced at $1,049,000 pairs $4,837/mo rent with after a $5,134/mo payment. Total monthly income equals $4,837/mo. Return on cash invested is 11.11% in year one, and rental yield stands at 5.53% on a $1,049,000 basis. Equity gained on principal adds $6,769/yr, and 5% annual appreciation accumulates to $289,819 by year five. Five-year ROI measures 56.81% and total cumulative return in cash reaches $193,072. For financing, Ziffy Mortgage’s DSCR program evaluates $4,837/mo property income against a $5,134/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1997
0.46 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 |
|---|---|---|
| 2025-02-03 | Listed for sale | $1,049,000 |
| 2024-06-13 | Listing removed | N/A |
| 2023-06-12 | Listed for sale | $1,395,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $720,391 | 16.26% |
| 2023-02-13 | $11059.75 | -18.04% | $619,612 | -23.28% |
| 2022-02-13 | $13493.80 | N/A | $807,675 | 53.80% |



Listed by: Brad Harrell • Keller Williams Realty, Waco
Mls Name: WMLS
Mls Provider:
Mls ID: #227626
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Waco Association of Realtors. IDX information is provided exclusively 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. Information deemed reliable but not guaranteed. Copyright 2025 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2025-02-13 12:53:27 PST