This study aimed to determine various thermoelectric properties, including the dimensionless figure of merit (zT0), resistivity (ρTE), thermal conductivity (κTE), and Seebeck coefficient (S), using a combination of 3ω and time-domain impedance spectroscopy (TDIS) methods for a thermoelectric module at absolute temperature (T0). The effective dimensionless figure of merit (zT0,eff), influenced by heat leakage through attached lead wires, was quantitatively and qualitatively assessed based on the TDIS method. The results demonstrated that zT0,eff/zT0 can be expressed as the ratio between the thermal conductance of the attached thermoelectric element and the lead wire. Thus, by considering heat leakage through the lead wire, the TDIS method can estimate not only zT0 and ρTE but also κTE and S after measuring the lead wire's thermal conductivity using the 3ω method. The study utilized a commercial Π-shaped bismuth-telluride-based thermoelectric module and derived representative values for its elements. zT0, ρTE, κTE, and |S| at 300 K were 0.871, 10.15 μΩ m, 1.71 W/mK, and 224 μV/K, respectively, consistent with previous reports on representative bismuth-telluride-based materials. In conclusion, the combination of the 3ω and TDIS methods is useful for determining all thermoelectric properties, considering heat leakage through attached lead wires.