ActiveResidential · sale

2003 Leeann

Austin, TX 78758

$399,900

  • 1,777 sq ft
  • 0.16 acres
  • Built 1984

Listed by Neighborhood Realty&Prop Mgmt · MLS #ACT8369367

2003 Leeann, Austin, TX 78758 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1984.

Garage parking

2 garage spaces listed.

Property size

0.16 acres listed.

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

THE PROPERTY

Get to know the property.

A compelling entry point into one of North Austin's most established and in-demand rental corridors — priced at $399,900 with both units currently leased and generating income from day one.
Located in the Village at Walnut Creek subdivision on a quiet, duplex-lined street, 2003 Leeann Dr offers two well-appointed 2 bedroom, 2 bathroom units — a full two-bathroom configuration per side that is a meaningful advantage in this rental market and consistently commands stronger rents and greater tenant retention than comparable 2/1 product. Recent updates to the property include new appliances, fresh interior paint, vinyl plank flooring, and upgraded fixtures, reflecting a well-maintained asset with reduced near-term capital expenditure requirements.
The location is exceptional by any investor metric. The Village at Walnut Creek places residents immediately adjacent to Walnut Creek Metropolitan Park — 293 acres of trails and green space that serves as a meaningful lifestyle amenity for tenants. Beyond the park, the property sits minutes from The Domain, Q2 Stadium, Austin Community College Northridge Campus, North Austin Medical Center, and major employers including Dell and Apple campuses. Easy access to Mopac (Loop 1), Parmer Lane, and I-35 makes this one of the most commuter-friendly addresses in North Austin.
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THE NEIGHBORHOOD

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2003 Leeann, Austin, TX 78758

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THE DETAILS

The details, all in one place.

Property type
Residential Income
Category
Residential
Year built
1984
Garage spaces
2
Cooling
Central Air
Heating
Central
Appliances
Dishwasher, Free-Standing Gas Range
Flooring
Tile, Vinyl
Fencing
Chain Link, Wood
Accessibility
None
Pool features
None
Subdivision
Village At Walnut Creek Phs 2 Sec 1
Parcel
02601607190000
Elementary school
Pillow
Middle school
Burnet (Austin ISD)
High school
Anderson
Annual property tax
$9,547.00

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$1,666.25
Cap rate—

Annual operating income: —

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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 & 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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2003 Leeann, Austin, TX 78758 · MLS #ACT8369367

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Listing information

MLS #ACT8369367 · Austin Board of Realtors

Listing brokerage: Neighborhood Realty&Prop Mgmt
Listing agent: Patrick Juve

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