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$495,000

1637 Desmond St, Leander, TX, 78641

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,298 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$215.4 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Range, Refrigerator
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size13,073 sqft

Building Information

Year Built2019
Stories1
Garage Spaces2

Land Information

APNR-17-W349-220B-0106
Lot Number106
Land UseResidential
Legal DescriptionS11598 - STEWART CROSSING PH 2, BLOCK B, LOT 106
Census Tract020339
Assessed Land Value$127,000
Assessed Improvement Value$335,157
Assessment Year2026

About this property

Privacy and space come together in this gorgeous single-story home on a premium lot. The home backs to an HOA-maintained retention pond, with Brushy Creek parkland extending beyond it, so there are no immediate rear neighbors. The home also sits on a half-cul-de-sac, offering a more private street setting. The floor plan is flexible, offering a media room and a separate office with a Murphy bed that could serve as a 4th bedroom or a guest room. The theater room has a surround sound system, ready for movie nights the moment you move in. The main living area features an open-concept layout with high ceilings and gorgeous luxury vinyl plank flooring. The family room is framed by a wall of windows that showcases the greenspace behind the home and fills the space with natural light. The kitchen is generously appointed with upgraded granite counters, custom cabinetry, a stylish backsplash, a large island with breakfast bar, and a walk-in pantry. The primary suite offers an oversized glass walk-in shower with a seat plus a large walk-in closet with custom shelving. Plus, the laundry room was upgraded with doors connecting it to both the hall and the primary suite for added convenience. Out back, a covered patio leads to multiple Trex decks designed for relaxing and entertaining. The upper deck features a custom grill station, perfect for cooking and gathering with friends and family, while the lower deck includes a pool built directly into it, making summer days easy to enjoy. You can also enjoy watching wildlife move through the open field behind the fence. A fire pit and a designated hot tub area with wiring already in place round out the outdoor amenities, creating a versatile space to enjoy year-round. Additional features include spray foam insulation for lower electric bills and a roof replaced in 2023. Stewart Crossing sits near Rouse High School and Wiley Middle School, and residents enjoy a community pool and park.

Investor Tools

$272,002Estimated Mortgage Balance
$190,155Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

Interested in this property?

Wendy Papasan

Keller Williams Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$862/month
$82/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,029
$462,157
2026
$127,000
$335,157
$462,157
No

Tax History

Year
Tax Paid
Assessed Value
2026
$8,029
$462,157

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$302,500
No
First
Jul 27, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$272,002
$190,155
41%
59%
$1,814/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,900/mo
$1,897/mo
+$1,004/mo
7.5%

City: Leander