Active Listing  ·  39 days on market

1501 Chalk Bluff Ct

Leander, TX 78641
$1,000,000
5 Bed 5 Bath 4,197 sqft $238/sqft Built 2015 0.47 acres 4-Car Garage Pool Fairways At Crystal Falls Sec

VIEWS! Exceptional 5-bedroom residence with a 4-car garage in the highly sought-after Fairways section of Crystal Falls. Perfectly positioned on a near half acre corner cul-de-sac lot, this stunning Hill Country home offers generous living spaces, an exceptionally functional floor plan, and breathtaking panoramic views enjoyed throughout the home, as well as from two impressive covered balconies and a private interior courtyard that seamlessly connects multiple spaces. Designed with both everyday living and entertaining in mind, the home features 4 distinct living areas and the rare convenience of 4 true bedrooms on the main level, providing outstanding flexibility for families, guests, multigenerational living, and work-from-home needs. Luxury details are found throughout, including gorgeous tray ceilings, expansive floor-to-ceiling glass doors framing the surrounding Hill Country views, a dedicated wine closet with a wrought-iron door, a luxurious primary suite, an oversized kitchen island open to the family room, and so much more. Upstairs, an expansive game room opens to a second covered balcony overlooking miles of picturesque Hill Country. Located within the award-winning Crystal Falls master-planned community, residents enjoy resort-style pools, parks, playgrounds, tennis courts, a fishing lake, disc golf, and miles of scenic hiking and walking trails. The Fairways section is prized for its mature trees, larger homesites, picturesque Hill Country setting, and close proximity to Crystal Falls Golf Club, highly acclaimed Leander ISD schools, shopping, dining, and the 183A Toll Road.

At $238/sqft, this home is priced in line with the Leander market average of $241/sqft across 673 active listings. View Austin market report →

Location

1501 Chalk Bluff Ct, Leander, TX 78641

Property Details

Price $1,000,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths 1
Living Area 4,197 sqft
Lot Size 0.47 acres (20,307.67 sqft)
Year Built 2015
Garage 4 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Fairways At Crystal Falls Sec
County Travis
Zip Code 78641
$/sqft $238/sqft
Days on Market ,
HOA $65/Monthly
Annual Tax Est. $17,841
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237482969
List Date June 26, 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
2504 Long Lasso Pass
Crystal Falls
$1,000,000 $243 4 bd / 4 ba 4,115 sqft , 2026-07-16
3040 Whalesong Way
Leander Estates
$999,990 $267 4 bd / 5 ba 3,750 sqft , 2026-01-28
1520 Treasure Map Vw
Palmera Ridge
$999,900 $230 5 bd / 7 ba 4,347 sqft , 2026-03-20
1305 Jolie Rose Bnd
Palmera Ridge
$999,900 $243 4 bd / 4 ba 4,120 sqft , 2026-05-29
1532 Novara Trl
Travisso
$999,447 $210 5 bd / 6 ba 4,768 sqft , 2026-07-23

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
$4,800/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
$200,000
20% conventional investment loan

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

Estimated Gross Rent+$4,800
Principal + Interest−$5,457
Property Tax (~2.1% TX avg)−$1,750
Insurance (~0.5%)−$417
Est. Monthly Cash Flow $-2,824

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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