7705 Debbie Dr, Leander, TX 78641
What's special
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.
- 263 days
- 284
- 19
Travel times
Living Room
Kitchen
Bedroom
Zillow last checked:
Listing updated:
Dina Dillard (512) 903-9982,
Spyglass Realty (512) 759-0889
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
Heating
- Central
Cooling
- Central Air, Wall/Window Unit(s)
Appliances
- Included: Built-In Oven(s), Dishwasher, Disposal, Free-Standing Range
Features
- In-Law Floorplan, Multiple Living Areas, Pantry, Walk-In Closet(s), Wired for Sound, See Remarks
- Flooring: Tile, Wood
- Windows: Window Treatments
- Fireplace features: None
Interior area
- Total interior livable area: 2,723 sqft
Property
Parking
- Parking features: See Remarks
Accessibility
- Accessibility features: None
Features
- Levels: Multi/Split
- Patio & porch: Covered, Deck, Patio
- Exterior features: Balcony, Private Yard
- Has private pool: Yes
- Pool features: See Remarks
- Fencing: See Remarks
- Has view: Yes
- View description: Hill Country, Lake, River
- Has water view: Yes
- Water view: Lake,River
- Waterfront features: None
Lot
- Size: 0.32 Acres
- Features: Trees-Medium (20 Ft - 40 Ft)
Details
- Additional structures: Storage
- Parcel number: 01685312270000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Foundation: Slab
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 1995
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Available
Community & HOA
Community
- Features: None
- Subdivision: Johnson Travis View
HOA
- Has HOA: No
Location
- Region: Leander
Financial & listing details
- Price per square foot: $252/sqft
- Tax assessed value: $236,034
- Annual tax amount: $4,394
- Date on market: 1/26/2026
- Listing terms: Cash,Conventional,FHA,Owner May Carry,VA Loan
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 1/26/2026 | Listed for sale | $685,000$252/sqft |
Source: | ||
| 8/30/2017 | Listing removed | $950 |
Source: Coplin Properties Lake Travis #5155088 Report a problem | ||
| 8/23/2017 | Listed for rent | $950+18.8% |
Source: Coplin Properties Lake Travis #5155088 Report a problem | ||
| 6/14/2011 | Listing removed | $800 |
Source: Casa Grande Realty Report a problem | ||
| 6/8/2011 | Listed for rent | $800 |
Source: Casa Grande Realty Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,395 +2.3% | $236,034 |
| 2024 | $4,295 -8.2% | $236,034 -10% |
| 2023 | $4,681 -49.4% | $262,260 -44.4% |
| 2022 | $9,251 | $471,914 +55% |
| 2021 | -- | $304,400 +57.9% |
| 2020 | $4,239 -0.4% | $192,800 -26.4% |
| 2019 | $4,256 +24.6% | $261,857 +52.7% |
| 2018 | $3,417 | $171,466 +15.3% |
| 2017 | $3,417 -10.9% | $148,706 -2.2% |
| 2016 | $3,836 | $152,003 -2.1% |
| 2015 | $3,836 | $155,299 -2.1% |
| 2014 | $3,836 | $158,599 +16% |
| 2013 | -- | $136,771 -1.9% |
| 2012 | -- | $139,464 +3.3% |
| 2011 | -- | $135,009 -24.2% |
| 2010 | -- | $178,059 +23.5% |
| 2009 | -- | $144,138 |
| 2008 | -- | $144,138 |
| 2007 | -- | $144,138 +8.6% |
| 2006 | -- | $132,752 -10.6% |
| 2005 | -- | $148,449 +28.1% |
| 2002 | $539 | $115,880 |
Monthly payment
Estimated market value
Not available
Estimated sales range
Not available
Not available
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.