06/09/2026
What If Your Neighbor Helped Pay Your Mortgage?
That is the real opportunity at 804 Osage Dr in Leander.
Live in one side.
Rent the other.
Build equity while rental income helps offset the payment.
๐ 804 Osage Dr, Leander, TX 78641
๐ Neighborhood Name: Ridgeoaks
๐ฐ Price: $385,000
๐ก Property Type: Duplex
๐๏ธ Beds: 6 Total | 3 Bed Per Unit
๐ Baths: 4 Total | 2 Bath Per Unit
๐ Square Footage: 1,932 SqFt
๐ Garage/Parking: Carport / Covered Parking
๐ณ Lot Size: 0.545 Acres | 23,740 SqFt
๐ฐ Tax Rate: Approx. 1.58% effective estimate. Verify with lender/title.
๐ต HOA: No HOA
๐ซ School District: Leander ISD
๐ก Year Built: 1983
Here is why this one works.
Unit A is fully renovated and move-in ready with granite counters, fresh finishes, updated flooring, and a clean interior.
Unit B is already leased through March 2027 at $1,575/month, giving the next owner rental income from day one.
That means you are not buying a vacant investment and hoping someone rents it.
The tenant is already in place.
โญ Going The Extra Mile:
This property gives buyers several advantages most single-family homes do not:
โ
Day-one rental income
โ
Unit B leased through March 2027
โ
Fully renovated Unit A
โ
Separate utility meters
โ
Tenant pays their own utilities
โ
No HOA restrictions on renting
โ
Half-acre corner lot
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Room to explore future ADU potential
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FHA financing may be possible for owner-occupants
This is the kind of property that can change the way a buyer thinks about homeownership.
You are not just buying a place to live.
You are buying a property with income attached.
For the right buyer, this could be a smart path into Leander ownership without carrying the full payment alone.
๐ฉ Message me for the numbers, showing details, and buyer strategy.