ActiveResidential · sale

7705 Debbie

Volente, TX 78641

$685,000

  • 2,723 sq ft
  • 0.32 acres
  • Built 1995

Listed by Spyglass Realty · MLS #ACT7523630

A FEW THINGS TO NOTICE

What stands out.

Details worth a look

This versatile investment opportunity features three 1-bedroom, 1-bathroom units plus one spacious 2-bedroom, 2-bathroom unit, each with its own private patio—ideal for tenants or guests seeking outdoor living space.

Year built

Built in 1995.

Property size

0.32 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Discover this income-producing quadplex in Leander, perfectly positioned near Lake Travis and Volente Beach for the ultimate Central Texas lifestyle. This versatile investment opportunity features three 1-bedroom, 1-bathroom units plus one spacious 2-bedroom, 2-bathroom unit, each with its own private patio—ideal for tenants or guests seeking outdoor living space.

With all units already leased, you'll have immediate cash flow from day one while capturing upside potential Better yet, there's **no HOA**, giving you complete freedom to operate as traditional long-term rentals, short-term rentals, or a profitable Airbnb setup catering to Lake Travis visitors and weekend warriors.

The property sits on a large corner lot complete with decks and convenient shed storage, providing both community space and practical functionality. The shared laundry facility keeps maintenance centralized while providing essential amenities for all units.

Each unit offers comfortable, well-designed living spaces that appeal to young professionals, small families, lake enthusiasts, and vacationers alike. The 2-bed/2-bath unit provides premium rental income potential or the perfect space for higher nightly STR rates.
Located just minutes from Lake Travis and the popular Volente Beach waterpark, this quadplex is a magnet for tenants and guests drawn to lakeside recreation, water sports, and the relaxed Hill Country vibe. Leander's growing economy, excellent schools, and proximity to major employers make this a smart long-term hold in one of the Austin metro's most promising markets.
Whether you're an experienced investor looking to expand your portfolio, a first-time buyer seeking turnkey rental income, or an entrepreneur ready to capitalize on the booming short-term rental market—this property delivers the perfect blend of location, flexibility, and profit potential.

THE NEIGHBORHOOD

Explore the location.

7705 Debbie, Volente, TX 78641

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THE DETAILS

The details, all in one place.

Property type
Residential Income
Category
Residential
Year built
1995
Garage spaces
0
Cooling
Central Air, Wall/Window Unit(s)
Heating
Central
Appliances
Built-In Oven(s), Dishwasher, Disposal, Free-Standing Range
Flooring
Tile, Wood
Fencing
See Remarks
Accessibility
None
Pool features
See Remarks
Subdivision
Johnson Travis View
Parcel
01685312270000
Elementary school
Grandview Hills
Middle school
Four Points
High school
Vandegrift
Annual property tax
$4,394.88

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$2,854.17
Cap rate

Annual operating income:

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Your property and current assumptions will be included for our team to review.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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7705 Debbie, Volente, TX 78641 · MLS #ACT7523630

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More in Volente.

Listing information

MLS #ACT7523630 · Austin Board of Realtors

Listing brokerage: Spyglass Realty
Listing agent: Dina Dillard

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.