Active Listing  ·  75 days on market

1313 Mustang Brook Ln

Leander, TX 78641
$425,000
4 Bed 3 Bath 2,204 sqft $193/sqft Built 2018 0.14 acres 2-Car Garage Pool Oak Creek Ph 5

Welcome to this impeccably maintained 4-bedroom, 3-bath home nestled in the desirable Oak Creek community. Boasting 2,207 sq ft of living space, this one-story gem offers the perfect blend of style, comfort, and privacy. Step inside and be greeted by soaring ceilings, a spacious office, stunning wood floors, and an expansive open floor plan. The heart of the home is the designer kitchen, featuring white quartz countertops, soft-close gray cabinets, a large island, and stainless steel appliances—perfect for entertaining or everyday living. Retreat to generously sized bedrooms and enjoy spa-like bathrooms with modern finishes. The primary suite includes a walk-in closet and luxurious bath. A formal dining room adds a touch of elegance for special gatherings. Outside, enjoy a covered patio and private yard with no back neighbors, providing the peaceful outdoor space you’ve been looking for. Additional features include a tankless water heater, gas fireplace, recessed lighting, water softener, and whole-house water filtration. Oak Creek offers top-notch community amenities including a pool, playground, and clubhouse.

At $193/sqft, this home is 19% 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

1313 Mustang Brook Ln, Leander, TX 78641

Property Details

Price $425,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,204 sqft
Lot Size 0.14 acres (6,316.2 sqft)
Year Built 2018
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Oak Creek Ph 5
County Williamson
Zip Code 78641
$/sqft $193/sqft
Days on Market ,
HOA $58/Monthly
Annual Tax Est. $9,118.4
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232307849
List Date June 2, 2026
Elementary School Jim Plain
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.

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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
1005 Sundrops St
Oak Creek Ph 4
$424,900 $197 4 bd / 2 ba 2,161 sqft , 2026-02-26
912 Prominence Way
South Brook
$421,950 $226 3 bd / 2 ba 1,868 sqft , 2026-08-13
904 Prominence Way
South Brook
$416,950 $215 4 bd / 2 ba 1,936 sqft , 2026-08-11
1016 Flanagan Dr
Benbrook ranch
$415,000 $243 3 bd / 2 ba 1,708 sqft , 2026-07-10
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
$2,040/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
$85,000
20% conventional investment loan

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

Estimated Gross Rent+$2,040
Principal + Interest−$2,319
Property Tax (~2.1% TX avg)−$744
Insurance (~0.5%)−$177
Est. Monthly Cash Flow $-1,200

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 · 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 28, 2026.

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