Active Listing  ·  127 days on market

1200 Lions Lair None

Leander, TX 78641
$1,150,000
5 Bed 5 Bath 4,447 sqft $259/sqft Built 2011 1.11 acres 3-Car Garage Pool Grand Mesa At Crystal Falls Ii

Welcome to this beautiful traditional two-story home, thoughtfully designed for comfort, connection, and everyday living. Situated on over an acre of land, this property offers the perfect blend of space, privacy, and natural beauty, complete with mature trees and a charming garden area.

Inside, you'll find a warm and inviting layout ideal for both relaxing and entertaining. the home features a built-in surround sound system, creating the perfect atmosphere for movie nights, celebrations, or quiet evenings in. a whole home water filtration system adds an extra layer of convenience and quality to daily living.

The private guest suite provides a comfortable retreat for visitors or extended family, offering flexibility and ease for multi-generational living.

Whether you're hosting lively gatherings or enjoying peaceful moments outdoors, this home was truly built for bringing friends and family together. Experience the perfect balance of elegance, functionality, and room to grow.

At $259/sqft, this home is priced 7% above the Leander active market average of $241/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1200 Lions Lair None, Leander, TX 78641

Property Details

Price $1,150,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths 1
Living Area 4,447 sqft
Lot Size 1.11 acres (48,229.63 sqft)
Year Built 2011
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Grand Mesa At Crystal Falls Ii
County Travis
Zip Code 78641
$/sqft $259/sqft
Days on Market ,
HOA $77/Monthly
Annual Tax Est. $20,536.59
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT224107807
List Date March 30, 2026
Elementary School Whitestone
Middle School Leander Middle
High School Leander High
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
2817 Gatlin Cv
Bluffs at Crystal Falls
$1,150,000 $266 5 bd / 5 ba 4,319 sqft , 2026-03-12
3013 Vista Heights Dr
Reagans Overlook
$1,149,999 $291 4 bd / 5 ba 3,947 sqft , 2026-05-16
2941 Heritage Heights Rd
Hilltop Ranch
$1,149,900 $293 4 bd / 5 ba 3,931 sqft , 2026-04-16
14804 Arrowhead Dr
Arrowhead Point
$1,149,000 $310 4 bd / 5 ba 3,711 sqft , 2026-06-24
4121 Cappello Way
Travisso Ph 2 Sec 2F 2G & 2H
$1,159,000 $292 4 bd / 4 ba 3,963 sqft , 2025-12-14

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
$5,520/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
$230,000
20% conventional investment loan

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

Estimated Gross Rent+$5,520
Principal + Interest−$6,276
Property Tax (~2.1% TX avg)−$2,013
Insurance (~0.5%)−$479
Est. Monthly Cash Flow $-3,248

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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