About This Home

Brand New Highland Home 2-story plan with custom changes! 4 Bedroom, Study, Game Room, 4 Full Baths plus a powder room in the prestigious Palmera Ridge Community. Featuring soaring ceilings, with an open-concept floor plan filled with natural light. Built in appliance package, hutch, iron railing! 3 car garage with a large backyard! Home to be completed in 2026! Amazing amenities within the community plus an onsite Elementary school in walking distance! Easy access to all major shopping areas! Limited time to select all interior selections for personalization!

At $272/sqft, this home is priced 15% above the Leander active market average of $236/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1408 Treasure Map Vw, Leander, TX 78641

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Property Details

Price $784,500

Status Active Listing

Beds 4

Full Baths 4

Half Baths 1

Living Area 2,880 sqft

Lot Size 0.21 acres (9,060.48 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Palmera Ridge

County Williamson

Zip Code 78641

$/sqft $272/sqft

Days on Market ,

HOA $600/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT229392673

List Date May 8, 2026

Elementary School Tarvin

Middle School Danielson

High School Glenn

School District ,

Have Questions About This Property?

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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 · May 8, 2026 $686,830

Previous ask $780,500

Current ask $784,500

▲ Increased $97,670 (+14.2%) 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

2304 Belen Dr
Palmera Ridge $775,000 $224 4 bd / 5 ba 3,457 sqft , 2026-09-09

1432 Jolie Rose Bnd
Palmera Ridge $799,900 $208 4 bd / 5 ba 3,849 sqft , 2025-05-08

1409 Golden Celebration Bnd
Palmera Ridge $754,100 $243 5 bd / 5 ba 3,107 sqft , 2026-05-01

1404 Jolie Rose Bnd
Palmera Ridge $824,900 $240 4 bd / 5 ba 3,435 sqft , 2026-07-06

1309 Firebush Rd
Bryson Ph 14 $825,000 $221 4 bd / 4 ba 3,733 sqft , 2026-09-17

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

$3,766/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

$156,900

20% conventional investment loan

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

Estimated Gross Rent+$3,766

Principal + Interest−$4,281

Property Tax (~2.1% TX avg)−$1,373

Insurance (~0.5%)−$327

Est. Monthly Cash Flow $-2,215

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 →

About the Author

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 October 9, 2026.

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

1408 Treasure Map Vw

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Leander, TX

More Luxury Homes in Leander

1408 Treasure Map Vw

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Leander, TX

More Luxury Homes in Leander

Explore Austin Real Estate