Active Listing  ·  200 days on market

121 Tequilana Pass

Leander, TX 78641
$364,990
4 Bed 3 Bath 2,376 sqft $154/sqft Built 2020 0.13 acres 2-Car Garage Pool Wildleaf

Beautiful two-story home in the desirable Wildleaf community of Leander, ideally located just around the corner from the neighborhood swimming pool. This home lives like a one-story with three bedrooms and two full bathrooms on the main level, including a generous primary suite, high ceilings, abundant natural light, and an open-concept layout. The kitchen features quartz countertops, ample storage, and a large pantry, and the oversized laundry room offers excellent functionality. Upstairs includes a versatile game room or flex space plus a private guest bedroom and full bath. Additional highlights include no carpet on the stairs, energy-saving solar panels, and a welcoming community atmosphere. Zoned to Liberty Hill ISD and close to major roadways, shopping, dining, and entertainment. A wonderful opportunity in a vibrant Leander neighborhood.

At $154/sqft, this home is 36% 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

121 Tequilana Pass, Leander, TX 78641

Property Details

Price $364,990
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,376 sqft
Lot Size 0.13 acres (5,619.24 sqft)
Year Built 2020
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Wildleaf
County Williamson
Zip Code 78641
$/sqft $154/sqft
Days on Market ,
HOA $67/Monthly
Annual Tax Est. $9,041.09
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT216525632
List Date January 16, 2026
Elementary School Rancho Sienna
Middle School Liberty Hill Middle
High School Liberty Hill
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
1500 Linwood St
Devine Lake
$364,999 $199 4 bd / 3 ba 1,831 sqft , 2026-04-09
307 Crossland Cv
Westwood Sec 02
$365,000 $136 4 bd / 3 ba 2,679 sqft , 2026-02-12
2108 Maplewood Dr
Hawkes Landing
$364,000 $227 3 bd / 2 ba 1,606 sqft , 2026-06-26
1519 Fenton Hill Dr
Homestead
$362,000 $168 4 bd / 3 ba 2,152 sqft , 2026-05-29
2144 Granite Hill Dr
Crystal Falls
$368,000 $234 3 bd / 2 ba 1,573 sqft , 2026-04-07

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
$1,752/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
$72,998
20% conventional investment loan

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

Estimated Gross Rent+$1,752
Principal + Interest−$1,992
Property Tax (~2.1% TX avg)−$639
Insurance (~0.5%)−$152
Est. Monthly Cash Flow $-1,031

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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