Active Listing  ·  13 days on market

1421 Novara Trl

Leander, TX 78641
$822,385
5 Bed 5 Bath 4,206 sqft $196/sqft Built 2026 0.22 acres 3-Car Garage Pool Travisso

What's Special: East Facing Patio | 1st Floor Guest Suite | Gourmet Kitchen. New Construction – December Completion! Built by Taylor Morrison, America's Most Trusted Home Builder. Welcome to the Calypso at 1421 Novara Trail in Travisso! The main level features a private primary suite, elegant formal dining room, dedicated study, expansive great room, and a chef-inspired kitchen with a large island, walk-in pantry, and butler’s pantry. Upstairs, spacious secondary bedrooms accompany a versatile game room and media room, creating space for gatherings and relaxation. A covered patio and three-car tandem garage complete this inviting home. Experience refined Hill Country living at Travisso in Leander, one of the Austin area's most prestigious communities. Known for its breathtaking views, upscale amenities, and elevated lifestyle, Travisso offers a distinguished setting surrounded by rolling hills with convenient access to Austin. Residents enjoy two exceptional amenity centers featuring a resort-style pool, fitness center, splash pad, tennis courts, and inviting open-air gathering spaces. With more than 350 acres of preserved open space and top-rated schools, Travisso offers an unparalleled Hill Country lifestyle! Additional Highlights Include: Gourmet kitchen, rectangle bathtub at hall bath, black vinyl sliding door unit at great room, fireplace at great room, 8' interior doors, pre-plumb sink at laundry and outdoors, and pendant lights over kitchen island. Photos are for representative purposes only.

At $196/sqft, this home is 15% 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

1421 Novara Trl, Leander, TX 78641

Property Details

Price $822,385
Status Active Listing
Beds 5
Full Baths 4
Half Baths 1
Living Area 4,206 sqft
Lot Size 0.22 acres (9,757.44 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Travisso
County Travis
Zip Code 78641
$/sqft $196/sqft
Days on Market ,
HOA $540/Semi-Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT251355627
List Date October 30, 2026
Elementary School CC Mason
Middle School Running Brushy
High School Cedar Park
School District Leander ISD

Leander ISD

CC Mason · Running Brushy · Cedar Park

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
1517 Bardella Dr
Travisso
$819,000 $205 5 bd / 5 ba 4,000 sqft , 2026-07-24
1329 Siena Sunset Rd
Travisso
$799,925 $237 5 bd / 4 ba 3,381 sqft , 2026-06-12
5337 Bellano Bnd
Travisso - Siena Collection
$799,000 $205 4 bd / 5 ba 3,899 sqft , 2026-08-20
1524 Novara Trl
Travisso
$798,706 $190 5 bd / 5 ba 4,206 sqft , 2026-03-09
2540 Chiavari Way
Travisso - Naples Collection
$849,000 $209 4 bd / 5 ba 4,055 sqft , 2026-10-20

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
$3,947/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
$164,477
20% conventional investment loan

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

Estimated Gross Rent+$3,947
Principal + Interest−$4,488
Property Tax (assumed ~2.1%)−$1,439
Insurance (assumed ~0.5%)−$343
Est. Monthly Cash Flow $-2,323

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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