Active Listing  ·  231 days on market

1101 Horizon Park Blvd

Leander, TX 78641
$680,000
5 Bed 2 Bath 2,817 sqft $241/sqft Built 1975 2.86 acres 2-Car Garage Pool Leander Heights Sec 03

Set on an expansive 2.86 acres with no HOA, this property presents a rare opportunity in an exceptional location. Originally built in 1975 and owned by the same family since, the home showcases the character and architectural elements that define its era. Cathedral vaulted ceilings, a striking stone fireplace anchoring the main living area, and unique details throughout create an atmosphere that feels both nostalgic and inspiring. The layout includes five bedrooms and two bathrooms, offering flexibility for a variety of needs, as well an a home office with its own outside access. Hidden nooks and unexpected features add to the charm, making exploration part of the experience. Whether preserved as a mid-century treasure or reimagined to match the potential of the land, the possibilities are significant for buyers seeking acreage, privacy, and authentic character. No survey is available. Cash or Conventional financing preferred; rehab loans may be considered if acceptable to the buyer and lender. A recent appraisal has been uploaded to MLS documents.

At $241/sqft, this home is priced in line with the Leander market average of $239/sqft across 673 active listings. View Austin market report →

Location

1101 Horizon Park Blvd, Leander, TX 78641

Property Details

Price $680,000
Status Active Listing
Beds 5
Full Baths 2
Half Baths ,
Living Area 2,817 sqft
Lot Size 2.86 acres (124,581.6 sqft)
Year Built 1975
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Leander Heights Sec 03
County Williamson
Zip Code 78641
$/sqft $241/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT213837365
List Date January 5, 2026
Elementary School Pleasant Hill (Leander ISD)
Middle School Knox Wiley
High School Rouse
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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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
821 RICHARDSON Ln
Leander Crossing
$635,000 $217 4 bd / 3 ba 2,926 sqft , 2026-07-10
408 Horseshoe Dr
Leander Heights Sec 02 Blk A Lts 23 & 24 Resu
$600,000 $205 4 bd / 3 ba 2,928 sqft , 2026-02-25
316 Regatta Trl
Horizon Lake
$560,000 $184 4 bd / 3 ba 3,046 sqft , 2026-08-16
512 Voyage Trce
Horizon Lake Ph 4 Sec 1
$549,000 $192 5 bd / 4 ba 2,858 sqft , 2026-04-11
913 Water Hyacinth Loop
Crystal Crossing Ph 1
$469,900 $170 4 bd / 3 ba 2,762 sqft , 2026-08-14

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
$3,264/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
$136,000
20% conventional investment loan

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

Estimated Gross Rent+$3,264
Principal + Interest−$3,711
Property Tax (~2.1% TX avg)−$1,190
Insurance (~0.5%)−$283
Est. Monthly Cash Flow $-1,920

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

More Luxury Homes in Leander

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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 July 14, 2026.

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