Active Listing  ·  63 days on market

12411 Lone Mountain Pass

Leander, TX 78641
$1,499,990
4 Bed 3 Bath 3,546 sqft $423/sqft Built 2003 4.69 acres 3-Car Garage Pool Lone Mountain Ranch

An absolute masterpiece of modern rustic luxury, this meticulously reimagined real wood log cabin pairs organic textures with striking contemporary design. Masterminded by Melisa Clement Designs, the expanded footprint spans 4 bedrooms, 3 baths, an office, a media room, and dual living zones, all enveloped by spray-foam insulation and solid log walls for peak efficiency. Vaulted tongue-and-groove plank ceilings soar above rich hardwood floors, anchored by a dramatic floor-to-ceiling stone fireplace in the great room. Culinary enthusiasts will gravitate toward the high-end kitchen, showcase-ready with white pearl quartzite waterfall slabs, a custom arched cooking alcove featuring crisp herringbone tile, and sleek Energy Star appliances. Bathed in natural light from architectural skylights, the home transitions effortlessly into private retreats. The primary suite reveals an otherworldly bath adorned with designer botanical wallpaper, floating dual vanities, and an expansive wet-room arch clad in rich terracotta star-and-cross tiles alongside a freestanding soaking tub. The exterior infrastructure is an adventurer’s dream, boasting an oversized attached garage, specialized boat/RV asphalt parking, and a sprawling wrap-around porch next to a massive entertainer's deck. Creative visionaries will prize the detached, heavypowered secondary workshop, fully optimized with a built-in bar and an industrial sawdust vacuum system. Spanning 4.65 acres of ultra-private Hill Country terrain with pristine landscaping, this estate offers a rare loophole: it is completely exempt from HOA regulations despite its secure position within the gated Lone Mountain community. Enjoy ultimate seclusion just minutes from the Balcones Canyonlands National Wildlife Refuge and Lake Travis, complete with exclusive Jonestown parking passes granting direct access to watercraft launches at Jones Brothers Park. For more info, go to: https://wkf.ms/49rgmeB

At $423/sqft, this home is priced 84% above the Leander active market average of $230/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

12411 Lone Mountain Pass, Leander, TX 78641

Property Details

Price $1,499,990
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 3,546 sqft
Lot Size 4.69 acres (204,296.4 sqft)
Year Built 2003
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lone Mountain Ranch
County Travis
Zip Code 78641
$/sqft $423/sqft
Days on Market ,
HOA $300/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246358581
List Date September 10, 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 10, 2026 $1,549,990
Current ask $1,499,990
▼ Reduced $50,000 (-3.2%) 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
2508 Chiavari Way
Travisso - Naples Collection
$1,099,000 $241 4 bd / 5 ba 4,559 sqft , 2026-07-01
2421 Bel Paese Bnd
Travisso Ph 4 Secs 1 2 & 3
$1,075,000 $295 4 bd / 4 ba 3,638 sqft , 2026-07-29
2224 Vittoria Vw
Travisso - Naples Collection
$999,000 $219 4 bd / 5 ba 4,556 sqft , 2026-10-20

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
$7,200/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
$299,998
20% conventional investment loan

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

Estimated Gross Rent+$7,200
Principal + Interest−$8,186
Property Tax (assumed ~2.1%)−$2,625
Insurance (assumed ~0.5%)−$625
Est. Monthly Cash Flow $-4,236

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 11, 2026.

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

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