Active Listing  ·  30 days on market

1316 Hensley Dr

Leander, TX 78641
$319,000
3 Bed 3 Bath 1,829 sqft $174/sqft Built 2009 0.17 acres 2-Car Garage Pool Benbrook Ranch Sec 02 Ph 01

HUGE PRICE IMPROVEMENT-SELLERS ARE MOTIVATED! With the sellers relocating to be closer to family, this home is now priced to sell fast. Don't miss this incredible opportunity to grab a deal on a beautifully updated home!

Welcome home to this beautifully updated, move-in-ready gem! Thoughtfully refreshed from top to bottom, this home features a gorgeous remodeled kitchen with quartz countertops, newly painted cabinets, new large quartz sink, disposal, and backsplash, new dishwasher, upgraded kitchen lights, new luxury vinyl plank flooring through out the home, ring security system, and fresh interior paint that gives the entire space a bright, modern feel. Major improvements include all windows replaced in 2021 and a new A/C condenser installed in 2024, giving you peace of mind for years to come. Living space has built-in ceiling speakers, best for entertainment and home theater setup. The functional floor plan offers comfortable everyday living with plenty of natural light, while the spacious backyard provides room to relax, play, or entertain with a large deck. Conveniently located near Leander's favorite baseball fields, parks, shopping, dining, and top-rated Leander ISD schools, this is a home you won't want to miss!

At $174/sqft, this home is 27% 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

1316 Hensley Dr, Leander, TX 78641

Property Details

Price $319,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,829 sqft
Lot Size 0.17 acres (7,187.4 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 $174/sqft
Days on Market ,
HOA $42/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240190638
List Date July 17, 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.

Schedule a Call →

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 · July 17, 2026 $350,000
Previous ask $325,000
Current ask $319,000
Reduced $31,000 (-8.9%) 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
2233 Calvert Dr
Homestead Twnhm Condos
$320,000 $149 4 bd / 3 ba 2,152 sqft , 2025-10-29
701 Los Robles Rd
Estates of North Creek Ranch Sec 02
$320,000 $204 3 bd / 2 ba 1,572 sqft , 2026-03-13
824 Tabernash Dr
Savanna Ranch
$325,000 $194 3 bd / 2 ba 1,675 sqft , 2026-06-12
808 Red River Ln
North Creek Sec 03e
$310,000 $155 3 bd / 3 ba 2,001 sqft , 2026-08-08
710 Encanto Dr
ESTATES OF NORTH CREEK RANCH SEC 4
$330,000 $160 3 bd / 3 ba 2,062 sqft , 2026-08-05

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
$1,531/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
$63,800
20% conventional investment loan

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

Estimated Gross Rent+$1,531
Principal + Interest−$1,741
Property Tax (~2.1% TX avg)−$558
Insurance (~0.5%)−$133
Est. Monthly Cash Flow $-901

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 August 10, 2026.

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