Active Listing  ·  165 days on market

1470 Oak Grove Rd

Leander, TX 78641
$350,000
3 Bed 2 Bath 1,304 sqft $268/sqft Built 2015 2.00 acres Pool Eaton

Amazing opportunity to own a move-in-ready home built in 2015 and full of updates on 2 heavily wooded acres just minutes from city conveniences! Enjoy quiet country living and tranquility while still being within 3 miles of highly rated Leander ISD elementary, middle and high schools, an Austin Community College campus, Leander’s future downtown at the Northline development, restaurants and shopping including an HEB Plus, Hwy 183 & 183A and even a metro-rail park and ride lot for easy access across the Austin area. Recently updated with a new water well and septic system, new flooring, interior paint, and fixtures, this 3-bedroom home features an open kitchen and living area, plus two additional living spaces – perfect for a home office, game room or media room. As Williamson County continues to boom, close-in properties with acreage and privacy like this are quickly disappearing - don’t miss your chance to secure it.

At $268/sqft, this home is priced 11% above the Leander active market average of $241/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1470 Oak Grove Rd, Leander, TX 78641

Property Details

Price $350,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,304 sqft
Lot Size 2.00 acres (87,120 sqft)
Year Built 2015
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Eaton
County Williamson
Zip Code 78641
$/sqft $268/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,409.97
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT220024254
List Date February 20, 2026
Elementary School Jim Plain
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 →

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
408 Red Matador Ln
Caughfield Ph 3b
$350,000 $231 3 bd / 2 ba 1,517 sqft , 2026-05-31
2240 Ringstaff Rd
Bryson Ph 2 Sec 1
$350,000 $211 3 bd / 2 ba 1,662 sqft , 2026-05-21
204 Lambert St
Larkspur
$350,000 $203 4 bd / 2 ba 1,720 sqft , 2026-07-24
1106 Woodview Dr
Oak Ridge Sec 2
$349,900 $202 3 bd / 2 ba 1,735 sqft , 2026-05-28
2004 Arbuckle Dr
BAR W RANCH
$350,190 $228 3 bd / 2 ba 1,535 sqft , 2026-07-06

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
$1,680/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
$70,000
20% conventional investment loan

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

Estimated Gross Rent+$1,680
Principal + Interest−$1,910
Property Tax (~2.1% TX avg)−$613
Insurance (~0.5%)−$146
Est. Monthly Cash Flow $-989

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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