Active Listing  ·  15 days on market

1305 Horseshoe Ranch Dr

Leander, TX 78641
$415,000
3 Bed 3 Bath 2,269 sqft $183/sqft Built 2008 0.21 acres 2-Car Garage Pool Lakeline Ranch Ph 06

Move-in ready and beautifully updated, this charming two-story home in the highly desirable Lakeline Ranch community offers 2,269 square feet of thoughtfully designed living space on a spacious lot just under a quarter acre. Featuring 3 bedrooms, 2.5 bathrooms, a dedicated home office, and a versatile upstairs bonus room, this flexible floor plan is perfect for today's lifestyle. Whether you need a playroom, game room, media space, or second living area, this home has room to grow. The main level showcases gorgeous wood-look tile flooring, while the entire second floor was upgraded with luxury vinyl plank in 2025—there's no carpet anywhere in the home! The kitchen is equipped with appliances purchased in 2026, offering modern convenience and peace of mind. Step outside to the expansive backyard with endless possibilities for entertaining, gardening, pets, or creating your dream outdoor living space. Residents of Lakeline Ranch enjoy fantastic community amenities, including a neighborhood pool and playground, while the home's convenient location provides quick access to 183, making commuting, shopping, dining, and everyday errands a breeze. Combining stylish updates, versatile living spaces, a generous lot, and an unbeatable location, this home is truly move-in ready and waiting for its next owners. Schedule your private showing today!

At $183/sqft, this home is 23% 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

1305 Horseshoe Ranch Dr, Leander, TX 78641

Property Details

Price $415,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,269 sqft
Lot Size 0.21 acres (9,143.24 sqft)
Year Built 2008
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lakeline Ranch Ph 06
County Williamson
Zip Code 78641
$/sqft $183/sqft
Days on Market ,
HOA $48.5/Monthly
Annual Tax Est. $8,909.57
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241305227
List Date July 31, 2026
Elementary School William J Winkley
Middle School Running Brushy
High School Leander High
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
2204 Granite Hill Dr
Bluffs at Crystal Falls
$419,500 $202 3 bd / 2 ba 2,074 sqft , 2026-04-17
1712 Uhland Dr
Mason Ranch Ph 1 Sec 3
$420,000 $144 3 bd / 3 ba 2,922 sqft , 2026-02-05
2400 White Stallion Way
Lakeline Ranch Ph 07 Amd
$409,000 $176 4 bd / 2 ba 2,321 sqft , 2026-05-22
2709 Saddle Blanket Pl
Lakeline Ranch Sub
$425,000 $171 4 bd / 3 ba 2,488 sqft , 2026-06-12
2301 Yaupon Range Dr
Bluffs At Crystal Falls Sec 3
$430,000 $200 4 bd / 3 ba 2,148 sqft , 2026-08-12

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
$1,992/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
$83,000
20% conventional investment loan

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

Estimated Gross Rent+$1,992
Principal + Interest−$2,265
Property Tax (~2.1% TX avg)−$726
Insurance (~0.5%)−$173
Est. Monthly Cash Flow $-1,172

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 August 14, 2026.

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