About This Home

Prime Leander Location: Located in one of the high-demand areas of the Austin Metro, with easy access to Highways 183 and 29. Conveniently located near the upcoming Northline mixed-use development and Leander Springs, offering future shopping, dining, entertainment, and recreational options. Close to the Leander MetroRail station for convenient access to the Austin area. Zoned to the highly acclaimed Leander ISD and just minutes from Costco, H-E-B, restaurants, shopping, parks, and everyday conveniences.

At $167/sqft, this home is 30% below the Leander active market average of $237/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

145 Purple Sandpiper Ln, Leander, TX 78641

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Property Details

Price $360,000

Status Active Listing

Beds 4

Full Baths 3

Half Baths ,

Living Area 2,156 sqft

Lot Size 0.11 acres (4,874.36 sqft)

Year Built 2024

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Summerlyn West Sec 4 & 5

County Williamson

Zip Code 78641

$/sqft $167/sqft

Days on Market ,

HOA $45/Monthly

Annual Tax Est. $7,568.93

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT243189858

List Date August 12, 2026

Elementary School North

Middle School Danielson

High School Glenn

School District ,

Have Questions About This Property?

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

117 Deserti Rd
WILDLEAF $360,000 $184 3 bd / 3 ba 1,952 sqft , 2026-04-15

141 Parryi Cv
Wildleaf $360,000 $191 4 bd / 2 ba 1,885 sqft , 2025-08-11

121 Tequilana Pass
Wildleaf $364,990 $154 4 bd / 3 ba 2,376 sqft , 2026-01-16

59 Snowy Plover Ln
Summerlyn West $349,999 $169 4 bd / 3 ba 2,073 sqft , 2026-05-02

305 Tequilana Pass
Wildleaf Ph 2 $348,000 $182 3 bd / 3 ba 1,909 sqft , 2026-07-31

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

$1,728/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

$72,000

20% conventional investment loan

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

Estimated Gross Rent+$1,728

Principal + Interest−$1,965

Property Tax (~2.1% TX avg)−$630

Insurance (~0.5%)−$150

Est. Monthly Cash Flow $-1,017

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 August 18, 2026.

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

145 Purple Sandpiper Ln

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Leander, TX

More Luxury Homes in Leander

145 Purple Sandpiper Ln

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Leander, TX

More Luxury Homes in Leander

Explore Austin Real Estate