Active Listing  ·  98 days on market

1145 SPOTTED GAR Cv

Leander, TX 78641
$509,990
5 Bed 4 Bath 3,400 sqft $150/sqft Built 2026 0.18 acres 2-Car Garage Pool Devine Landing

Situated on a desirable corner homesite, this spacious two-story home offers 5 bedrooms, 4 bathrooms, and a thoughtfully designed floor plan. A dramatic two-story foyer welcomes you inside, where you'll find a private guest bedroom and full bath just off the entry—ideal for visitors or a home office. The heart of the home features a well-appointed kitchen with a large center island offering bar seating, built-in appliances, and an open view of the generous dining nook and family room. The impressive two-story family room is filled with natural light from expansive windows and flows seamlessly to the covered patio, creating the perfect space for indoor-outdoor living. The private primary suite is located on the main level and offers a relaxing retreat with a spa-inspired bath featuring a separate soaking tub and walk-in shower. Upstairs, you'll find a versatile loft, a spacious game room, three secondary bedrooms, and two full bathrooms, providing plenty of room. Combining open-concept living, flexible spaces, abundant natural light, and the added appeal of a corner homesite, this home is perfect for everyday living and entertaining.

At $150/sqft, this home is 35% below the Leander active market average of $230/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1145 SPOTTED GAR Cv, Leander, TX 78641

Property Details

Price $509,990
Status Active Listing
Beds 5
Full Baths 4
Half Baths ,
Living Area 3,400 sqft
Lot Size 0.18 acres (7,840.8 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Devine Landing
County Williamson
Zip Code 78641
$/sqft $150/sqft
Days on Market ,
HOA $436/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242275190
List Date August 6, 2026
Elementary School Bagdad
Middle School Leander Middle
High School Glenn
School District Leander ISD

Leander ISD

Bagdad · Leander Middle · Glenn

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 · August 6, 2026 $569,990
Previous ask $519,990
Current ask $509,990
▼ Reduced $60,000 (-10.5%) 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
1721 Erie Dr
Savanna Ranch Sec 4
$520,000 $218 4 bd / 2 ba 2,386 sqft , 2026-02-13
1316 South Brook Dr
South Brook
$523,950 $185 5 bd / 4 ba 2,837 sqft , 2026-02-23
889 Prominence Way
South Brook
$529,950 $167 6 bd / 5 ba 3,166 sqft , 2026-10-14
1952 BARFISH Way
Devine Landing
$489,990 $172 5 bd / 4 ba 2,847 sqft , 2026-10-06
1265 Aquilla Dr
Devine Lake
$484,900 $161 4 bd / 4 ba 3,009 sqft , 2026-08-13

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
$2,448/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
$101,998
20% conventional investment loan

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

Estimated Gross Rent+$2,448
Principal + Interest−$2,783
Property Tax (assumed ~2.1%)−$892
Insurance (assumed ~0.5%)−$212
Est. Monthly Cash Flow $-1,439

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 November 8, 2026.

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

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