Active Listing  ·  21 days on market

1411 Encino Dr

Leander, TX 78641
$415,000
4 Bed 3 Bath 2,900 sqft $143/sqft Built 2003 0.16 acres 2-Car Garage Pool Vista Ridge Ph 01

This is a HomePath Property. Seller has requested all offers be presented online at homepath.fanniemae. Discover the possibilities in this spacious 4-bedroom Newmark home, plus a dedicated office with French doors and multiple living areas. The living room features a corner fireplace, and a recreational room is located upstairs. The floor plan is bright and open with architectural interest that flows seamlessly into the kitchen and dining areas, perfect for gatherings. This home has been thoughtfully updated. The kitchen features a huge island with a breakfast bar and stainless appliances. The downstairs primary suite offers double sinks, a garden tub, and a separate shower. Enjoy the convenience of nearby schools, parks, Lake Travis, major highways, and shopping just minutes away, all in the vibrant Vista Ridge community.

**First-time buyers, complete the HomePath Ready Buyer homeownership course on Homepath. Attach certificate to offer up to 3% closing cost assistance. Check HomePath.com for more details. Restrictions apply.**

At $143/sqft, this home is 40% 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

1411 Encino Dr, Leander, TX 78641

Property Details

Price $415,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,900 sqft
Lot Size 0.16 acres (7,161.26 sqft)
Year Built 2003
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Vista Ridge Ph 01
County Williamson
Zip Code 78641
$/sqft $143/sqft
Days on Market ,
HOA $420/Annually
Annual Tax Est. $8,980.65
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241235151
List Date July 26, 2026
Elementary School Whitestone
Middle School Leander Middle
High School Rouse
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
640 Loma Cedro Bnd
Vista Ridge
$415,000 $167 3 bd / 2 ba 2,487 sqft , 2026-07-10
124 Dove Song Dr
Old Town Village Sec 03
$414,900 $123 5 bd / 3 ba 3,380 sqft , 2026-05-16
904 Prominence Way
South Brook
$416,950 $215 4 bd / 2 ba 1,936 sqft , 2026-08-11
904 American Trl #2
Trails/Leander Condos
$419,000 $191 4 bd / 3 ba 2,189 sqft , 2026-04-25
405 Mountain Sky Bnd
ROSENBUSCH RANCH
$419,900 $216 4 bd / 3 ba 1,942 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
$1,992/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
$83,000
20% conventional investment loan

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

Estimated Gross Rent+$1,992
Principal + Interest−$2,265
Property Tax (~2.1% TX avg)−$726
Insurance (~0.5%)−$173
Est. Monthly Cash Flow $-1,172

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 27, 2026.

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