Active Listing  ·  93 days on market

1416 Francesca Arden Way

Leander, TX 78641
$709,950
4 Bed 4 Bath 2,843 sqft $250/sqft Built 2024 0.22 acres 3-Car Garage Pool Palmera Bluff

You do not want to miss this inviting 4 BR upgraded Coventry single story home in Palmera Bluff. An abundance of natural light is found throughout with 14' ceilings, four private bedrooms with two of the bedrooms being ensuite. The bedrooms are situated in corners of the home providing nice privacy. The owner has chosen over $30K in tasteful upgrades. The Cook in the family will delight to the Gourmet Kitchen featuring quartz countertops, gas range, stainless steel appliances and a generous island for casual dining. Flex rooms are found throughout will possible Office, Mediaroom, Gameroom or Dining. The 9626 lot is level and provides room for a garden, play structure or more in private rear yard. You will delight to the covered back patio which is great for summertime relaxing. It is a brief walk to Tarvin Elementary School, Amenity Center with pool, Community Park and Trails.

At $250/sqft, this home is priced 6% 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

1416 Francesca Arden Way, Leander, TX 78641

Property Details

Price $709,950
Status Active Listing
Beds 4
Full Baths 4
Half Baths ,
Living Area 2,843 sqft
Lot Size 0.22 acres (9,626.76 sqft)
Year Built 2024
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Palmera Bluff
County Williamson
Zip Code 78641
$/sqft $250/sqft
Days on Market ,
HOA $600/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240462937
List Date July 22, 2026
Elementary School Tarvin
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 22, 2026 $730,000
Previous ask $719,950
Current ask $709,950
▼ Reduced $20,050 (-2.7%) 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
2429 Adriel Cv
Palmera Rdg Sec 1
$699,000 $231 4 bd / 3 ba 3,026 sqft , 2026-08-04
2332 Airport Dr
Palmera Ridge
$699,000 $241 4 bd / 4 ba 2,903 sqft , 2026-08-28
2520 Carretera Dr
Palmera Ridge
$724,990 $214 4 bd / 3 ba 3,381 sqft , 2025-10-03
2316 Airport Dr
Palmera Ridge
$724,990 $212 4 bd / 4 ba 3,421 sqft , 2026-10-08
2345 Airport Dr
Palmera Rdg Sec 11
$689,000 $223 5 bd / 3 ba 3,085 sqft , 2026-09-25

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
$3,408/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
$141,990
20% conventional investment loan

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

Estimated Gross Rent+$3,408
Principal + Interest−$3,874
Property Tax (~2.1% TX avg)−$1,242
Insurance (~0.5%)−$296
Est. Monthly Cash Flow $-2,004

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

More Luxury Homes in Leander

Loading…
View All Luxury Homes →
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 October 18, 2026.

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