Active Listing  ·  44 days on market

1229 Novara Trl

Leander, TX 78641
$549,000
4 Bed 4 Bath 2,477 sqft $222/sqft Built 2026 0.17 acres 2-Car Garage Pool New Construction Travisso - Capri Collection

MLS# 7741030 - Built by Toll Brothers - Sep 2026 completion! ~ Luxurious by design. The Riley's welcoming covered entry and two-story foyer reveal the elegant turned stairs, and views of the two-story great room and desirable covered patio beyond. The well-equipped kitchen overlooks a bright casual dining area with tray ceiling, and is complete with a large center island with breakfast bar, ample counter and cabinet space, and roomy walk-in pantry. Secluded on the first floor, the private primary bedroom suite is enhanced by an elegant tray ceiling, king-size walk-in closet, and spa-like primary bath with dual vanities, large luxe glass-enclosed shower, and private water closet. Central to a generous flex room with tray ceiling, secondary bedrooms feature sizable closets, one with private full bath, the other with shared full hall bath. Additional highlights include a versatile office off the foyer, convenient powder room, centrally located laundry, and additional storage. Disclaimer: Photos are images only and should not be relied upon to confirm applicable features.

At $222/sqft, this home is 3% 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

1229 Novara Trl, Leander, TX 78641

Property Details

Price $549,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,477 sqft
Lot Size 0.17 acres (7,535.88 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Travisso - Capri Collection
County Travis
Zip Code 78641
$/sqft $222/sqft
Days on Market ,
HOA $420/Semi-Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT248276419
List Date September 29, 2026
Elementary School CC Mason
Middle School Running Brushy
High School Leander High
School District Leander ISD

Leander ISD

CC Mason · Running Brushy · Leander High

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 · September 29, 2026 $589,000
Current ask $549,000
▼ Reduced $40,000 (-6.8%) 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
1424 Castalo Ln
Travisso
$525,000 $234 4 bd / 3 ba 2,239 sqft , 2026-04-21
4532 Modena Bay Bnd
Travisso
$510,000 $264 3 bd / 2 ba 1,935 sqft , 2026-10-02
5217 Cosenza Trce
Travisso
$600,000 $239 4 bd / 4 ba 2,513 sqft , 2026-07-30
5217 La Spezia Way
Travisso
$675,045 $229 4 bd / 3 ba 2,942 sqft , 2026-09-24
1328 Novara Trl
Travisso
$696,613 $216 5 bd / 4 ba 3,229 sqft , 2026-06-15

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
$2,635/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
$109,800
20% conventional investment loan

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

Estimated Gross Rent+$2,635
Principal + Interest−$2,996
Property Tax (assumed ~2.1%)−$961
Insurance (assumed ~0.5%)−$229
Est. Monthly Cash Flow $-1,551

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 October 23, 2026.

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

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