Active Listing  ·  226 days on market

1001 La Cantera None

Leander, TX 78641
$1,299,500
4 Bed 4 Bath 3,642 sqft $357/sqft Built 2015 3.14 acres 4-Car Garage Pool Grand Mesa At Crystal Falls

A modern foothill retreat situated on 3.14 private, usable acres in a premier gated community. This modern farmhouse blends luxury, functionality, and Hill Country charm with a stone and stucco exterior, south-facing orientation, new roof (Aug. 2025), and recent exterior updates.

This home lives like a single-story, with all primary living spaces and bedrooms conveniently located on the main level. The only upstairs space is a spacious game room, offering a versatile retreat for entertaining, relaxing, or additional living space.

Inside, 10-foot ceilings, solid-core doors, chiseled travertine flooring, and designer lighting create an elevated feel. The open-concept living area features vaulted ceilings with exposed wood beams, a gas fireplace, and large windows showcasing the peaceful surroundings.

The chef’s kitchen is designed for everyday living and entertaining with Thermador appliances, an oversized island, granite countertops, smart faucet, warming drawer, and walk-in pantry. The private primary suite features tray ceilings, dual vanities, an oversized walk-in shower, and two custom closets. Secondary bedrooms include en-suite baths, while a dedicated office with Murphy bed offers additional flexibility.

Upstairs features a spacious bonus room plus an unfinished area ready to become a media room, gym, or additional living space. Outdoor living includes a covered travertine patio, outdoor kitchen, and koi pond.

A standout feature is the expansive 32' x 55' insulated workshop with office, bathroom, separate electrical service, and RV accommodations. Ideal for hobbies, a home-based business, recreational vehicles, projects, or additional storage, this versatile space makes this property truly unique.

At $357/sqft, this home is priced 55% above the Leander active market average of $230/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1001 La Cantera None, Leander, TX 78641

Property Details

Price $1,299,500
Status Active Listing
Beds 4
Full Baths 4
Half Baths ,
Living Area 3,642 sqft
Lot Size 3.14 acres (136,778.4 sqft)
Year Built 2015
Garage 4 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Grand Mesa At Crystal Falls
County Travis
Zip Code 78641
$/sqft $357/sqft
Days on Market ,
HOA $104/Monthly
Annual Tax Est. $22,037.96
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT222024921
List Date March 31, 2026
Elementary School Whitestone
Middle School Leander Middle
High School Leander High
School District Leander ISD

Leander ISD

Whitestone · Leander Middle · Leander High

Luke Allen (TREC #788149) has deep knowledge of Leander and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · March 31, 2026 $1,500,000
Previous ask $1,399,999
Current ask $1,299,500
▼ Reduced $200,500 (-13.4%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

Similar Homes on the Market in Leander

Comparable Listings Right Now

Homes currently for sale in Leander with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
1601 Coronado None
Grand Mesa At Crystal Falls
$1,195,000 $355 5 bd / 4 ba 3,370 sqft , 2026-06-07
3700 Medicine Hat None
Grand Mesa At Crystal Falls Ii
$1,175,000 $250 5 bd / 5 ba 4,705 sqft , 2026-07-16
1508 Chalk Bluff Ct
Fairways At Crystal Falls Sec
$1,450,000 $366 5 bd / 5 ba 3,962 sqft , 2026-04-04
2409 Legend Trl
Fairways At Crystal Falls Sec
$1,145,000 $258 5 bd / 4 ba 4,435 sqft , 2026-09-09
3725 Salento Cv
Travisso - Verona Collection
$1,499,000 $373 4 bd / 5 ba 4,017 sqft , 2026-07-15

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$6,238/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$259,900
20% conventional investment loan

Monthly Cash Flow Breakdown (assumes 20% down · 7.25% rate)

Estimated Gross Rent+$6,238
Principal + Interest−$7,092
Property Tax (assumed ~2.1%)−$2,274
Insurance (assumed ~0.5%)−$541
Est. Monthly Cash Flow $-3,669

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Leander, TX

Leander sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Apple Campus (Domain) 25 min SE
Dell Technologies HQ 20 min SE
Samsung Austin Semiconductor 30 min SE

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 41 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. The written content was last updated on October 27, 2026.

📞 (254) 718-2567 [email protected] More about Luke →

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