Active Listing  ·  90 days on market

14804 Arrowhead Dr

Leander, TX 78641
$999,000
4 Bed 5 Bath 3,711 sqft $269/sqft Built 2024 0.35 acres 2.5-Car Garage Pool New Construction Arrowhead Point

***$100k PRICE REDUCTION!***Nestled near Lake Travis, this exceptional custom-built luxury home offers the perfect balance of peaceful Hill Country living and modern convenience. A picturesque tree-lined driveway creates a sense of privacy and elegance, welcoming you to a thoughtfully designed residence filled with quality craftsmanship, timeless finishes, and abundant natural light.

Featuring 4 bedrooms, 4.5 baths, multiple living and dining areas, and soaring ceilings throughout, this home offers plenty of space for everyday living and entertaining. The open-concept great room showcases stunning beamed ceilings and flows seamlessly into the gourmet kitchen, complete with a large center island, stone countertops, a six-burner gas range, premium Ferno appliances, a walk-in pantry, and an adjacent sideboard ideal for hosting gatherings.

The main-floor primary suite serves as a private retreat with vaulted beamed ceilings, a spa-inspired bath featuring dual vanities, a soaking tub, an oversized walk-in shower, and a massive custom walk-in closet. A dedicated office on the main level provides the perfect work-from-home space.

Upstairs, a spacious family room, wet bar, and private balcony create additional living and entertaining options, ensuring room for everyone to spread out and enjoy. Expansive windows and lofty ceilings enhance the home's bright, inviting atmosphere while showcasing the surrounding natural beauty.

The generous front and back yards offer endless possibilities for outdoor living, recreation, and future enhancements. With ample space for a pool, cabana, outdoor kitchen, or private retreat, the backyard is ready to become your dream outdoor oasis. Combining luxury, comfort, and a serene setting near Lake Travis, this remarkable property delivers an exceptional lifestyle in one of the area's most desirable locations.

At $269/sqft, this home is priced 14% above the Leander active market average of $237/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

14804 Arrowhead Dr, Leander, TX 78641

Property Details

Price $999,000
Status Active Listing
Beds 4
Full Baths 4
Half Baths 1
Living Area 3,711 sqft
Lot Size 0.35 acres (15,049.98 sqft)
Year Built 2024
Garage 2.5 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Arrowhead Point
County Travis
Zip Code 78641
$/sqft $269/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $13,139.61
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT237246972
List Date June 24, 2026
Elementary School Grandview Hills
Middle School Four Points
High School Vandegrift
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.

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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 · June 24, 2026 $1,199,000
Previous ask $1,049,000
Current ask $999,000
Reduced $200,000 (-16.7%) 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
14951 Arrowhead Dr
Arrowhead Point
$949,900 $371 3 bd / 3 ba 2,557 sqft , 2026-05-21
14953 Arrowhead Dr
Arrowhead Point 01
$884,000 $327 3 bd / 4 ba 2,700 sqft , 2026-08-04

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
$4,795/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
$199,800
20% conventional investment loan

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

Estimated Gross Rent+$4,795
Principal + Interest−$5,452
Property Tax (~2.1% TX avg)−$1,748
Insurance (~0.5%)−$416
Est. Monthly Cash Flow $-2,821

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 · 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 September 20, 2026.

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