Active Listing  ·  92 days on market

124 Dove Song Dr

Leander, TX 78641
$414,900
5 Bed 3 Bath 3,380 sqft $123/sqft Built 2005 0.26 acres 2-Car Garage Pool Old Town Village Sec 03

WONDERFUL 2-story 5 bed/2.5 bath home boasts 3,380 sf of living space on a GENEROUS 11,230 sf (0.26 acres) CORNER LOT. Home is located in the well established and sought after Old Town Village subdivision. SPACIOUS CORNER LOT lends to HUGE front, side and back yards. 2-car GARAGE and LONG DRIVEWAY are set back to accommodate multiple cars.

*OPEN FLOOR PLAN has LIVING SPACE perfect for entertaining or quiet enjoyment. LEVELOR BLINDS, custom window furnishings, ceramic tile and carpet throughout the home.

Dine or ENTERTAIN guests in the FORMAL DINING area. Spacious GREAT ROOM highlights the added VALUE and AMBIANCE of the WOOD BURNING FIREPLACE.

*SPACIOUS eat-in KITCHEN has an island, stainless steel appliances and GENEROUS cabinet storage. Off the kitchen is a MULTI-PURPOSE UTILITY ROOM that houses a WALK-IN PANTRY, LAUNDRY AREA and STORAGE.

*First level bedroom can be used for a Mother-in-law plan or office. The 4 additional Bedrooms are located on the 2nd level which also includes a SECLUDED and SPACIOUS PRIMARY SUITE. PRIVATE Primary Suite boasts 2 Walk-in Closets, an ensuite bathroom with AMPLE STORAGE, Walk-in shower and a garden tub.

*2nd level has a BONUS FLEX SPACE perfect for a home office, gym, playroom, gaming, music/media entertainment area, library, hobby studio or guest room. This home has room to accommodate all your housing needs!

*SPACIOUS FRONT YARD increases CURB APPEAL for PRIVACY and significant LANDSCAPE FLEXIBILITY. HUGE BACKYARD has a COVERED PATIO and can be a PRIVATE OASIS for relaxing and gardening as well as entertaining or sports. Backyard houses a BONUS outdoor multi-purpose STORAGE SHED.

*CENTRALLY LOCATED HOME is in close proximity to area schools (GreatSchools.com), shopping, restaurants, parks, Capital Metro Train Station, commuter routes 183 & Toll Road 183A. Don't miss out on this rare jewel of a find!

At $123/sqft, this home is 49% below the Leander active market average of $239/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

124 Dove Song Dr, Leander, TX 78641

Property Details

Price $414,900
Status Active Listing
Beds 5
Full Baths 2
Half Baths 1
Living Area 3,380 sqft
Lot Size 0.26 acres (11,229.77 sqft)
Year Built 2005
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Old Town Village Sec 03
County Williamson
Zip Code 78641
$/sqft $123/sqft
Days on Market ,
HOA $25/Monthly
Annual Tax Est. $8,749.43
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT203630397
List Date May 16, 2026
Elementary School Camacho
Middle School Leander Middle
High School Glenn
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
1411 Encino Dr
Vista Ridge Ph 01
$415,000 $143 4 bd / 3 ba 2,900 sqft , 2026-07-26
513 Friendship Cv
Old Town Village Sec 03
$419,900 $125 5 bd / 3 ba 3,351 sqft , 2026-07-03
1436 Lindo Dr
VISTA RIDGE PH 2-B
$429,000 $133 5 bd / 4 ba 3,237 sqft , 2026-06-13
1201 Drake Cv
Woods At Mason Creek 02 Sec 04
$435,000 $166 4 bd / 3 ba 2,614 sqft , 2026-07-18
505 Buttermilk Ln
Northside Mdw Ph 2
$439,000 $175 4 bd / 3 ba 2,506 sqft , 2026-03-23

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
$1,992/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
$82,980
20% conventional investment loan

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

Estimated Gross Rent+$1,992
Principal + Interest−$2,264
Property Tax (~2.1% TX avg)−$726
Insurance (~0.5%)−$173
Est. Monthly Cash Flow $-1,171

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 26, 2026.

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