Active Listing  ·  117 days on market

1500 Linwood St

Leander, TX 78641
$364,999
4 Bed 3 Bath 1,831 sqft $199/sqft Built 2022 0.14 acres 2-Car Garage Pool Devine Lake

Welcome to 1500 Linwood in the amazing Devine Lake subdivision in Leander! This beautifully maintained 4-bedroom, 2.5-bath home offers 1,831 square feet of thoughtfully designed living space and is the perfect blend of style, comfort, and functionality.

From the moment you step inside, you’ll notice the pride of ownership and attention to detail throughout. Featuring numerous upgrades, this home has been meticulously cared for and remains in pristine condition. Every space feels thoughtfully designed, with a clean, modern aesthetic that truly makes it show like a model home.

The open-concept layout offers seamless flow between the living, dining, and kitchen areas—ideal for both everyday living and entertaining. The kitchen is a standout, showcasing upgraded finishes, ample cabinetry, and plenty of workspace for any home chef.

The spacious primary suite is conveniently located downstairs, offering a private and relaxing retreat. Upstairs, the additional bedrooms provide flexibility for guests, a home office, or growing needs.

Step outside to enjoy a well-maintained yard perfect for relaxing or hosting gatherings. Residents also enjoy access to Devine Lake, adding to the lifestyle and charm this community offers.

Every inch of this home reflects quality and care, making it truly move-in ready. Don’t miss your opportunity to own a like-new home with all the upgrades—without the wait!

At $199/sqft, this home is 17% below the Leander active market average of $241/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1500 Linwood St, Leander, TX 78641

Property Details

Price $364,999
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 1,831 sqft
Lot Size 0.14 acres (6,146.32 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Devine Lake
County Williamson
Zip Code 78641
$/sqft $199/sqft
Days on Market ,
HOA $85/Monthly
Annual Tax Est. $7,932.07
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT225476555
List Date April 9, 2026
Elementary School Hisle
Middle School Leander Middle
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
1606 Rossport Bnd
Block House Creek Ph D Sec 02
$365,000 $239 3 bd / 3 ba 1,526 sqft , 2026-03-07
121 Tequilana Pass
Wildleaf
$364,990 $154 4 bd / 3 ba 2,376 sqft , 2026-01-16
110 Brentwood Dr
Horizon Park Sec 1
$364,900 $261 3 bd / 2 ba 1,396 sqft , 2026-05-09
2108 Maplewood Dr
Hawkes Landing
$364,000 $227 3 bd / 2 ba 1,606 sqft , 2026-06-26
1519 Fenton Hill Dr
Homestead
$362,000 $168 4 bd / 3 ba 2,152 sqft , 2026-05-29

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
$1,752/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
$73,000
20% conventional investment loan

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

Estimated Gross Rent+$1,752
Principal + Interest−$1,992
Property Tax (~2.1% TX avg)−$639
Insurance (~0.5%)−$152
Est. Monthly Cash Flow $-1,031

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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