$255,000
↓ $4K (1.5%)
●
House -
Off Market
703 Mason ST
Leander, TX 78641
3 Beds
1 Bath,
1
Half Bath
1,128 Ft²
$1,253
Est. Monthly
About This Property
••• REMODEL OPPORTUNITY!! ••• Endless potential awaits at 703 Mason
St in Leander. • Unlock the potential of this prime investment
opportunity in a high-demand area! This 3-bedroom, 1.5-bath red
brick home sits on a corner lot with a vast backyard within the
highly regarded Leander ISD, known for its top marching band
program. • It features a spacious living area that flows into
the kitchen, and this home is waiting for a transformation •
Remodel and customize your upgrades to enhance its appeal. ••• The
private backyard offers multiple possibilities •••. The backyard
includes a ready-to-use chicken coop, garden space, and plenty of
room to build a studio office or guest suite. ••• Whether you want
to renovate for Short Term Rentals, turn around and sell it, or
customize it into your dream home, the dynamic vision of how you
wish to transform this home is limitless. ••• Conveniently located
just minutes from HEB Plus, Hwy 183, shopping, and dining. • This
home is sold AS-IS • It presents a rare chance to invest in one of
Leander's growing communities • The buyer is to verify schools and
all other details.
Unit Size
1,128 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$226
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1994
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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: 2 years ago (Unlock MLS #ACT4199680)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 21, 2025 | Price Decreased |
$255,000
↓ $4K
(1.5%) | |
| Price Decreased | |||
| Feb 13, 2025 | Listed by All City Real Estate Ltd. Co | $259,000 | |
| Listed by All City Real Estate Ltd. Co | |||
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: Zoran Smaic
Listed Office: All City Real Estate Ltd. Co - Listing courtesy of Unlock MLS
Phone: (866) 277-6005
Last Updated: 2025-05-03 04:39:11
Data Source: Unlock MLS, MLS# ACT4199680
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: All City Real Estate Ltd. Co - Listing courtesy of Unlock MLS
Phone: (866) 277-6005
Last Updated: 2025-05-03 04:39:11
Data Source: Unlock MLS, MLS# ACT4199680
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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