Active Listing  ·  543 days on market

10314 W Darleen Dr

Leander, TX 78641
$919,000
4 Bed 2 Bath 2,088 sqft $440/sqft Built 1980 2.23 acres 2-Car Garage Pool Waterfront Trails End

Lake Travis is FULL! Charming lake front home, lovingly maintained by its original owners, available for the first time and priced $30k below appraisal! Deep water location just 15 minutes from Highway 183/183-A. Located in desirable Leander ISD. Situated on 2.2 shaded acres, this special property has so many possibilities. Add your personal touches to this lovely 4 bed, two bath home to make it your own. Oversized 2-car garage and 2 additional storage sheds. Connected to city water but the original well (over 300' deep) is still onsite. Voluntary HOA dues of $150 per year provide access to the community park which includes a boat ramp, pavilion/picnic area and restrooms. HVAC replaced in 2021, water heater replaced in 2016, and roof replaced in 2013.

At $440/sqft, this home is priced 86% above the Leander active market average of $237/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

10314 W Darleen Dr, Leander, TX 78641

Property Details

Price $919,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 2,088 sqft
Lot Size 2.23 acres (97,199.78 sqft)
Year Built 1980
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Trails End
County Travis
Zip Code 78641
$/sqft $440/sqft
Days on Market ,
HOA $150/Annually
Annual Tax Est. $12,443.71
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT191527203
List Date March 28, 2025
Elementary School CC Mason
Middle School Running Brushy
High School Cedar Park
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.

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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 28, 2025 $999,000
Previous ask $939,000
Current ask $919,000
Reduced $80,000 (-8.0%) 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
11119 Lakeside Dr
Lake Sandy
$965,000 $407 3 bd / 3 ba 2,371 sqft , 2023-12-01
9504 Harbor Dr
Northlake Hills Sec 1 Resub Of
$825,000 $341 3 bd / 3 ba 2,419 sqft , 2026-03-13
18302 W Rim Dr
Webb H E 01
$699,000 $499 3 bd / 2 ba 1,402 sqft , 2026-09-22
18206 Fair Ln
Jonestown Hills
$679,000 $275 3 bd / 4 ba 2,470 sqft , 2026-08-14
18000 Easy St
Gregg Point
$1,200,000 $501 4 bd / 3 ba 2,394 sqft , 2026-04-17

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
$4,411/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
$183,800
20% conventional investment loan

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

Estimated Gross Rent+$4,411
Principal + Interest−$5,015
Property Tax (~2.1% TX avg)−$1,608
Insurance (~0.5%)−$383
Est. Monthly Cash Flow $-2,595

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 · 30 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. This page was last updated on August 20, 2026.

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