Active Listing  ·  153 days on market

1304 Hensley Dr

Leander, TX 78641
$309,400
4 Bed 2 Bath 1,660 sqft $186/sqft Built 2009 0.20 acres 2-Car Garage Pool Benbrook Ranch Sec 02 Ph 01

Home was on hold to allow seller to move out. The Home has New Paint inside!

Featuring a timeless stone exterior and surrounded by mature trees, this warm and inviting home offers the perfect blend of comfort, functionality, and charm. From the moment you walk in, you’ll notice how clean, bright, and well maintained the space feels, creating an immediate sense of home. Large windows throughout fill the home with ample natural light, enhancing the welcoming atmosphere in every room.

The thoughtfully designed layout includes three bedrooms, two bathrooms, and a spacious dedicated office (or 4th bedroom) that overlooks the lush front yard, making it an ideal work-from-home space or quiet retreat. The kitchen is both functional and inviting, featuring generous prep space, beautiful natural light, and a charming window box seat that creates the perfect spot for additional seating, morning coffee, or a cozy place for a kitty to lounge. The kitchen flows seamlessly into the dining area and living spaces, making everyday living and entertaining effortless while offering peaceful views of the backyard.

Privately situated at the rear of the home, the primary suite provides a relaxing escape from the rest of the house. Step outside to enjoy the spacious covered porch, perfect for morning coffee, evening gatherings, or simply unwinding while enjoying the serene setting. Conveniently located just minutes from some of the area’s most desirable parks, including Benbrook Ranch Park, this home combines comfort, charm, and an exceptional location.

At $186/sqft, this home is 22% below the Leander active market average of $237/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1304 Hensley Dr, Leander, TX 78641

Property Details

Price $309,400
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,660 sqft
Lot Size 0.20 acres (8,698.93 sqft)
Year Built 2009
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Benbrook Ranch Sec 02 Ph 01
County Williamson
Zip Code 78641
$/sqft $186/sqft
Days on Market ,
HOA $42/Monthly
Annual Tax Est. $6,900.7
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227876699
List Date May 8, 2026
Elementary School Jim Plain
Middle School Danielson
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.

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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 · May 8, 2026 $325,000
Previous ask $309,500
Current ask $309,400
▼ Reduced $15,600 (-4.8%) 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
710 Encanto Dr
ESTATES OF NORTH CREEK RANCH SEC 4
$309,000 $150 3 bd / 3 ba 2,062 sqft , 2026-08-05
808 Red River Ln
North Creek Sec 03e
$310,000 $155 3 bd / 3 ba 2,001 sqft , 2026-08-08
708 Pampas Ricas Dr
Estate North Crk Ranch Sec 03
$310,000 $187 3 bd / 2 ba 1,654 sqft , 2026-08-21
701 Los Robles Rd
Estates of North Creek Ranch Sec 02
$313,500 $199 3 bd / 2 ba 1,572 sqft , 2026-03-13
824 Tabernash Dr
Savanna Ranch
$305,000 $182 3 bd / 2 ba 1,675 sqft , 2026-06-12

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
$1,485/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
$61,880
20% conventional investment loan

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

Estimated Gross Rent+$1,485
Principal + Interest−$1,689
Property Tax (~2.1% TX avg)−$541
Insurance (~0.5%)−$129
Est. Monthly Cash Flow $-874

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 October 2, 2026.

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