Active Listing  ·  60 days on market

1012 Hillrose Dr

Leander, TX 78641
$450,000
3 Bed 3 Bath 2,609 sqft $172/sqft Built 2017 0.16 acres 3-Car Garage Pool Savanna Ranch Sec 4

Seller offering up to 2.5% in seller credits to use towards rate buy down or closing costs with preferred lender. Charming 3-bedroom, 2.5-bath home offering 2,609 sq. ft. of comfortable living space in a desirable Leander location. This well-maintained single-family home features a bright, open layout with spacious living areas and plenty of natural light throughout. The main living area flows easily into the fenced backyard, providing ample room for outdoor living, play, pets, or future enhancements. Located at 1012 Hillrose Dr. in Leander, this home sits close to schools, shopping, and everyday conveniences, making it an ideal blend of comfort and accessibility.

At $172/sqft, this home is 29% below the Leander active market average of $241/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1012 Hillrose Dr, Leander, TX 78641

Property Details

Price $450,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,609 sqft
Lot Size 0.16 acres (7,165.62 sqft)
Year Built 2017
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Savanna Ranch Sec 4
County Williamson
Zip Code 78641
$/sqft $172/sqft
Days on Market ,
HOA $105/Quarterly
Annual Tax Est. $9,267.23
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229067546
List Date June 5, 2026
Elementary School Jim Plain
Middle School Knox Wiley
High School Glenn
School District ,

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.

Schedule a Call →

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
316 Middle Brook Dr
Oak Creek
$450,000 $154 4 bd / 4 ba 2,913 sqft , 2026-02-21
1114 Calistoga Dr
Ridgewood South Ph 02
$450,000 $166 4 bd / 3 ba 2,710 sqft , 2026-02-27
941 Del Raphael Dr
Palmera Ridge
$450,000 $219 3 bd / 2 ba 2,052 sqft , 2026-06-02
1301 Low Branch Ln #5
Cottages At Deerbrooke
$449,900 $223 3 bd / 3 ba 2,015 sqft , 2025-04-02
605 Palmilla St
Oak Creek Ph 2
$449,900 $200 4 bd / 2 ba 2,255 sqft , 2026-02-06

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
$2,160/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
$90,000
20% conventional investment loan

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

Estimated Gross Rent+$2,160
Principal + Interest−$2,456
Property Tax (~2.1% TX avg)−$788
Insurance (~0.5%)−$188
Est. Monthly Cash Flow $-1,272

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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