$505,000
●
House -
Off Market
108 Fossil TRL
Leander, TX 78641
4 Beds
3 Baths,
1
Half Bath
3,380 Ft²
$3,060
Est. Monthly
$17
HOA / Fees
4.31%
Cap Rate
About This Property
Wonderful location with accessibility to Downtown Austin, the
Domain or the Tech Corridor via an easy hop on to the Leander
Cap-Metro or a drive on Hwy 183. This two-story spacious home
featuring an open floor plan with multiple living areas, a gourmet
kitchen with center island, lots of cabinet space and granite
counter-tops, along with a large covered deck make it an
entertainers delight. The huge Master Bedroom has an adjoining flex
room that can be used as a nursery, additional bedroom, office or a
fitness room; a large closet and master bathroom with dual
vanities, walk-in shower and soaking tub. Conveniently
located near schools, amenities, shopping and entertainment.
House currently leased at $2395. Great investor home
with current tenant or make it your own. None of the close to
200 homes in all of Leander that has hit the market in the last 3
months has sold for under $541,000 with square footage over 3300.
This is a phenomenal deal and should go fast. Not ready
to move, no problem, there is a tenant in place till you are ready.
House comes with home warranty!
Unit Size
3,380 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$149
Property Type
House
Property Taxes
$564
HOA Dues
$17
Year Built
2004
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (Unlock MLS #ACT7210832)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 5, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Feb 29, 2024 | Price Increased |
$505,000
↑ $5K
(1%) | |
| Price Increased | |||
| Sep 28, 2023 | Listed by JBGoodwin REALTORS NW | $500,000 | |
| Listed by JBGoodwin REALTORS NW | |||
| Dec 26, 2021 | No longer available | - | |
| No longer available | |||
| Dec 20, 2021 | Relisted | $475,000 | |
| Relisted | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Leander
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Listed by: Dan Burstain
Listed Office: JBGoodwin REALTORS NW - Listing courtesy of Unlock MLS
Phone: (512) 502-7800
Last Updated: 2024-03-05 18:03:23
Data Source: Unlock MLS, MLS# ACT7210832
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: JBGoodwin REALTORS NW - Listing courtesy of Unlock MLS
Phone: (512) 502-7800
Last Updated: 2024-03-05 18:03:23
Data Source: Unlock MLS, MLS# ACT7210832
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is 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. Some IDX listings have been excluded from this website.
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