ActiveResidential · sale

605 Palmilla

Leander, TX 78641

$439,900

  • 4 beds
  • 2 baths
  • 2,255 sq ft
  • 0.23 acres
  • Built 2016

Listed by Austin 512 Realty · MLS #ACT6483754

605 Palmilla, Leander, TX 78641 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Living spaces

Step inside to soaring ceilings and an open floor plan.

Details worth a look

Outside, enjoy excellent curb appeal and a sizeable backyard with a covered patio, storage shed, and an additional covered pergola area—ideal for relaxing or hosting.

Year built

Built in 2016.

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

THE PROPERTY

Get to know the property.

***NEW PRICE-NEW OPPORTUNITY! ~ Built in 2016, this 4-bedroom, 2-bath, single-story gem offers a modern-yet-warm, thoughtfully designed layout for easy living. Nestled on a desirable corner lot in the sought-after Oak Creek community, this home features 2,255 sq ft of living space on a 0.226-acre lot. Step inside to soaring ceilings and an open floor plan. The heart of the home is the designer kitchen, featuring granite countertops, a spacious pantry, lots of cabinet storage, counter space, and stainless-steel appliances—perfect for everyday living and entertaining. Located at the back of the home, the primary suite offers a private, quiet retreat with a large walk-in closet and an en-suite spa bath boasting a separate soaking tub and shower, plus separate vanities. Outside, enjoy excellent curb appeal and a sizeable backyard with a covered patio, storage shed, and an additional covered pergola area—ideal for relaxing or hosting. Gather around the fire pit on cool evenings and enjoy the perfect backyard for entertaining family and friends. Additional features include a self-cleaning oven, hot tub breaker box, electrical outlet under the eaves, gas fireplace, additional storage area in the garage and recessed lighting. Oak Creek offers top-notch community amenities including a pool, playground, and hiking and biking trails. The elementary school is within walking distance, and middle and high schools are nearby, along with shopping, restaurants, and entertainment. Bonus: H-E-B is a quick drive away! Leander ISD schools and convenient access to 183A Toll and US-183. Tax rate: 2.0225%. Don’t miss this opportunity to live in Oak Creek and make your dreams come true in your new home.
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THE NEIGHBORHOOD

Explore the location.

605 Palmilla, Leander, TX 78641

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2016
Full baths
2
Half baths
0
Garage spaces
2
Cooling
Ceiling Fan(s), Central Air
Heating
Fireplace(s), Natural Gas
Appliances
Dishwasher, Disposal, Microwave, Free-Standing Gas Range, Self Cleaning Oven, Water Heater
Flooring
Carpet, Tile
Fencing
Privacy
Accessibility
None
Pool features
None
Subdivision
Oak Creek Ph 2
Parcel
17W338122F0025
HOA
Oak Creek HOA
HOA amenities
Common Area Maintenance
HOA fee frequency
Monthly
Elementary school
Jim Plain
Middle school
Leander Middle
High school
Glenn
Annual property tax
$9,421.23
HOA fee
$57.50

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$492.74
Estimated monthly rent$1,832.92
Cap rate1.59%

Annual operating income: $7,012.68

Have ERA review this rental estimate

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

Adjust assumptions
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 & interest—Loan 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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605 Palmilla, Leander, TX 78641 · MLS #ACT6483754

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Listing information

MLS #ACT6483754 · Austin Board of Realtors

Listing brokerage: Austin 512 Realty
Listing agent: Anne Cobern

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