Active Listing  ·  115 days on market

1401 Calago Cv

Leander, TX 78641
$515,000
4 Bed 3 Bath 2,341 sqft $220/sqft Built 2019 0.15 acres 2-Car Garage Pool Travisso Ph 3 Sec 2

Discover Hill Country living at 1401 Calago Cove, an exceptional 2019 Highland Home nestled in the highly sought-after Travisso community. Blending modern luxury with everyday functionality, this beautifully maintained residence offers access to resort-style amenities including a clubhouse, pool, sports courts, and more- all with convenient access to major roadways for an effortless lifestyle.

Thoughtfully designed with both comfort and privacy in mind, the home’s layout centers around a spacious, open-concept kitchen and living area perfect for gathering, entertaining, everyday living, and a cozy fireplace that anchors the space with warmth and charm. Bedrooms are strategically positioned to provide separation and a sense of personal retreat for each member of the household.

The chef-inspired upgraded Level 5 kitchen is a standout feature, showcasing an oversized gas range, double ovens, stainless steel appliances, and an oversized island. A farmhouse sink, built-in microwave, custom cabinetry, and additional storage with dedicated counter space elevate both style and functionality.

Step outside to your backyard oasis, where an extended patio and fully equipped outdoor kitchen, complete with a gas grill and Green Egg create the perfect setting for entertaining or relaxing under the Texas sky. Thoughtful landscaping enhances both beauty and privacy, making this outdoor space truly special.

Additional highlights include a customized garage with epoxy flooring, built-in cabinets, workbench, and overhead storage. Added attic insulation keeps the home comfortable year-round, while a tankless water heater ensures endless hot water for busy households. Smart home features include Google cameras throughout key areas, a Ring doorbell, and a camera integrated garage door opener. Custom permanent recessed exterior lights complete the home curb appeal.

Discounted rate options and no lender fee future refinancing may be available for qualified buyers of this home

At $220/sqft, this home is 8% 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

1401 Calago Cv, Leander, TX 78641

Property Details

Price $515,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,341 sqft
Lot Size 0.15 acres (6,712.6 sqft)
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Travisso Ph 3 Sec 2
County Travis
Zip Code 78641
$/sqft $220/sqft
Days on Market ,
HOA $1,080/Annually
Annual Tax Est. $13,808.04
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227420412
List Date April 24, 2026
Elementary School CC Mason
Middle School Running Brushy
High School Cedar Park
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 · April 24, 2026 $565,000
Previous ask $525,000
Current ask $515,000
Reduced $50,000 (-8.8%) 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
1820 Ficuzza Way
Travisso
$519,000 $238 3 bd / 2 ba 2,182 sqft , 2026-06-03
3400 Venezia Vw
Travisso Ph 2 Sec 1D
$524,000 $242 3 bd / 3 ba 2,161 sqft , 2026-06-22
1228 Siena Sunset Rd
Travisso
$530,000 $211 4 bd / 3 ba 2,512 sqft , 2026-03-26
1424 Castalo Ln
Travisso
$550,000 $246 4 bd / 3 ba 2,239 sqft , 2026-04-21
1340 Castalo Ln
Travisso
$475,000 $231 3 bd / 3 ba 2,052 sqft , 2026-06-26

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
$2,472/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
$103,000
20% conventional investment loan

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

Estimated Gross Rent+$2,472
Principal + Interest−$2,811
Property Tax (~2.1% TX avg)−$901
Insurance (~0.5%)−$215
Est. Monthly Cash Flow $-1,455

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 11, 2026.

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