Active Listing  ·  203 days on market

132 Walkup Ln

Leander, TX 78641
$324,500
4 Bed 2 Bath 1,704 sqft $190/sqft Built 2020 0.13 acres 2-Car Garage Pool Larkspur

Welcome to easy, comfortable living in the heart of Larkspur. This popular Bedford floor plan offers the space and flexibility today’s buyers are looking for, with 4 bedrooms, 2 full baths.

The open-concept layout brings the kitchen, dining, and living areas together, making the home equally comfortable for quiet nights at home or entertaining friends. Wood-look flooring runs through the main living areas, with tile in the wet spaces. The kitchen features modern cabinetry, updated hardware, soft-close drawers, and plenty of room to cook and gather.

The spacious primary suite is tucked away for added privacy and features an oversized walk-in shower and a generous walk-in closet.

One of the home's best features is outside. With no neighbors directly behind you, the backyard offers plenty of privacy and room to relax. Enjoy morning coffee on the covered patio, fire up the grill using the existing gas connection, or simply unwind at the end of the day.

Larkspur Elementary is just steps away, along with miles of neighborhood walking trails. Residents enjoy access to two swimming pools, two fitness spaces including a dedicated cardio room, multiple playgrounds, and a rentable clubhouse. Two additional playgrounds located on the school grounds are also accessible year-round.

And the convenience keeps getting better. The new Costco is just minutes away, with the upcoming Target, HEB, St. David's Hospital, and the growing Northline development nearby. Northline continues to bring new shopping, dining, entertainment, and conveniences to the area, including Sprouts.

Located in highly regarded Leander ISD and built by Milestone Builders, this home delivers a combination that's getting harder to find: 4 bedrooms, flexible living space, backyard privacy, great neighborhood amenities, and everyday convenience.

At $190/sqft, this home is 17% below the Leander active market average of $230/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

132 Walkup Ln, Leander, TX 78641

Property Details

Price $324,500
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,704 sqft
Lot Size 0.13 acres (5,662.8 sqft)
Year Built 2020
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Larkspur
County Williamson
Zip Code 78641
$/sqft $190/sqft
Days on Market ,
HOA $60/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227410791
List Date April 23, 2026
Elementary School Larkspur
Middle School Danielson
High School Glenn
School District Leander ISD

Leander ISD

Larkspur · Danielson · Glenn

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 · April 23, 2026 $379,900
Previous ask $327,500
Current ask $324,500
▼ Reduced $55,400 (-14.6%) 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
204 Lambert St
Larkspur
$325,000 $189 4 bd / 2 ba 1,720 sqft , 2026-07-24
341 Blue Sage Dr
Caughfield Ph 5
$339,990 $157 4 bd / 3 ba 2,162 sqft , 2026-11-06
1921 Arbuckle Dr
BAR W RANCH
$347,990 $157 4 bd / 3 ba 2,223 sqft , 2026-05-26
333 Blue Sage Dr
LARKSPUR
$300,000 $182 4 bd / 2 ba 1,648 sqft , 2026-07-24
341 Ancellotta Way
Highland Terrace
$299,500 $241 3 bd / 2 ba 1,243 sqft , 2026-10-06

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
$1,558/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
$64,900
20% conventional investment loan

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

Estimated Gross Rent+$1,558
Principal + Interest−$1,771
Property Tax (assumed ~2.1%)−$568
Insurance (assumed ~0.5%)−$135
Est. Monthly Cash Flow $-916

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 3, 2026.

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

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