$350,000
●
House -
Off Market
612 Palmilla ST
Leander, TX 78641
3 Beds
2 Baths
2,059 Ft²
$2,398
Est. Monthly
$58
HOA / Fees
About This Property
Enjoy primary single story living (1.5 story) home w/3 bedrooms, 2
baths plus office/study AND bonus game room upstairs*Two-car
garage, covered front porch & covered back patio w/private fenced
yard*Stainless steel appliances, lots of cabinetry, huge kitchen &
family room, tile floor*Fridge, washer & dryer plus yard service
included in monthly lease*Wonderful community of Oak Creek in
popular suburb of Leander, TX! Community pool, playground and
excellent walking trail that's part of a disc golf course and leads
to Benbrook Ranch Park! Walk safely to the new businesses along
183/Southbrook like CAVA & Paris Baguette. Near the new Austin
Community College San Gabriel Campus, St. David's Medical, HEB,
MetroRail to downtown, Dell Children's Medical and SO MANY more
conveniences. Excellent location and easy access to everywhere!
Unit Size
2,059 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$170
Property Type
House
Property Taxes
$621
HOA Dues
$58
Year Built
2016
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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: 4 months ago (Unlock MLS #ACT7612106)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 8, 2026 | In contract | - | |
| In contract | |||
| May 18, 2026 | Listed by Avalar Austin | $350,000 | |
| Listed by Avalar Austin | |||
| Oct 9, 2024 | Delisted | - | |
| Delisted | |||
| Oct 3, 2024 | In contract | - | |
| In contract | |||
| Sep 17, 2024 | Listed by Avalar Austin | $389,900 | |
| Listed by Avalar Austin | |||
| | |||
|
Lovely 1.5 story home (all rooms on main level except bonus large game room upstairs)*3 beds, 2 baths plus
office/study and game room*Two-car garage, covered front and back porch with private, fenced yard*Stainless steel
appliances, lots of cabinetry, huge kitchen and living area*Tile floors*Fridge, washer and dryer INCLUDED! Oak Creek
Community in sought-after Leander, TX with community pool, dog park, playground and more! NEAR ACC campus, St.
David
| |||
Property Highlights
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Leander
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Listed by: Joy Brillante Lynn
Listed Office: Avalar Austin - Listing courtesy of Unlock MLS
Phone: (512) 610-5000
Last Updated: 2026-06-28 04:05:43
Data Source: Unlock MLS, MLS# ACT7612106
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Avalar Austin - Listing courtesy of Unlock MLS
Phone: (512) 610-5000
Last Updated: 2026-06-28 04:05:43
Data Source: Unlock MLS, MLS# ACT7612106
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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