$179,900
●
Land -
For Sale
1305 High Chaparral DR
Leander, TX 78641
Studio
0 Bath
$1,472
Est. Monthly
About This Property
Excellent opportunity in Leander! This property is zoned SFU/MH
(Single-Family Urban/Manufactured Home), offering flexibility for a
site-built or manufactured home. A concrete driveway and RV
electrical hookup are already in place, and city water and sewer
are available. Conveniently located with easy access to nearby
shopping, dining, and major roadways. Buyer to independently verify
zoning, permitted uses, utility availability, connection
requirements, and all other property information.
Unit Size
-
Days on Market
-
Land Size
0.56 acres
Price per sqft
-
Property Type
Land
Property Taxes
$588
HOA Dues
-
Year Built
1960
Listed By
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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 months ago (Unlock MLS #ACT2972657)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 27, 2026 | Listed by Compass RE Texas, LLC | $179,900 | |
| Listed by Compass RE Texas, LLC | |||
| Dec 9, 2025 | In contract | - | |
| In contract | |||
| Jun 4, 2025 | Listed by eXp Realty, LLC | $179,000 | |
| Listed by eXp Realty, LLC | |||
   | |||
|
A terrific value -rich opportunity for a homesite in the heart of Leander on 183; .5 acre. Zoned SFU/MH Single-Family Urban / Manufactured Home. Concrete Driveway in place, RV plug & City Sewer and Water is available. All information to be independently verified.
| |||
| May 7, 2025 | In contract | - | |
| In contract | |||
| May 2, 2025 | Listed by eXp Realty LLC | $315,000 | |
| Listed by eXp Realty LLC | |||
   | |||
|
Rare 1.06 acre fixer upper property in the heart of Leander! Lots of this size are rarely available in this area and currently not any in the market. Perfect home for investors or those who are looking to build. Property has foundation issues. Various possible options are: enjoy its current state, full remodel, tear down and rebuild or subdivide the lot into two. Land was previously two separate lots, with each having its own utility connections and combined into one. Two utility connections are still present but only one is active. Located in the desired LISD school district and new development happing all around. Don't miss out on this rare opportunity!
| |||
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Property Highlights
Garage
Exterior Details
Waterfront Features: None
Other Structures: None
Lot Features: Many Trees
Lot Size Area: 24393.6
Lot Size Units: Square Feet
Lot Size Acres: 0.56
Lot Size Square Feet: 24393.6
Water Source: Public
Financial Details
Tax Map Number: 4
Tax Assessed Value: $317,082
Tax Annual Amount: $7,054
Utilities Details
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Leander
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Listed by: Reese Phillips
Listed Office: Compass RE Texas, LLC - Listing courtesy of Unlock MLS
Phone: (512) 575-3644
Last Updated: 2026-07-28 04:03:28
Data Source: Unlock MLS, MLS# ACT2972657
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Compass RE Texas, LLC - Listing courtesy of Unlock MLS
Phone: (512) 575-3644
Last Updated: 2026-07-28 04:03:28
Data Source: Unlock MLS, MLS# ACT2972657
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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