Active Listing  ·  48 days on market

1428 Macfarland St

Leander, TX 78641
$475,000
4 Bed 2 Bath 1,965 sqft $242/sqft Built 2017 0.16 acres 2-Car Garage Pool Mason Hills

Welcome to this inviting home featuring an open-concept layout with the kitchen overlooking the great room and cozy fireplace. The kitchen offers Woodmont Cabinetry® flat-panel maple cabinets in Espresso, Silestone® countertops, and a functional design perfect for everyday living and entertaining. The primary suite includes a walk-in closet and a garden tub/shower combination in the primary bath. Additional features include 9-ft. ceilings, tile flooring in the great room, kitchen, and bathrooms, rounded drywall corners, a stained wood front entry door, exterior French doors off the great room, gutters, front yard sprinkler system, and a covered back patio.

At $242/sqft, this home is priced in line with the Leander market average of $241/sqft across 673 active listings. View Austin market report →

Location

1428 Macfarland St, Leander, TX 78641

Property Details

Price $475,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,965 sqft
Lot Size 0.16 acres (7,143.84 sqft)
Year Built 2017
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Mason Hills
County Williamson
Zip Code 78641
$/sqft $242/sqft
Days on Market ,
HOA $720/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236745592
List Date June 17, 2026
Elementary School Whitestone
Middle School Leander Middle
High School Leander High
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 →

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
416 Mistflower Springs Dr
Oak Creek Ph 5
$475,000 $182 3 bd / 2 ba 2,607 sqft , 2026-02-05
1340 Castalo Ln
Travisso
$475,000 $231 3 bd / 3 ba 2,052 sqft , 2026-06-26
2313 Spokane Dr
Cedar Brook
$474,990 $195 4 bd / 3 ba 2,441 sqft , 2026-07-27
1920 LAZY ACRES St
Rosenbusch Ranch
$473,990 $187 4 bd / 3 ba 2,539 sqft , 2026-04-28
1925 LAZY ACRES St
Rosenbusch Ranch
$471,990 $180 4 bd / 3 ba 2,628 sqft , 2026-03-13

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
$2,280/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
$95,000
20% conventional investment loan

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

Estimated Gross Rent+$2,280
Principal + Interest−$2,592
Property Tax (~2.1% TX avg)−$831
Insurance (~0.5%)−$198
Est. Monthly Cash Flow $-1,341

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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