Active Listing  ·  8 days on market

1507 Catalina Dr

Leander, TX 78641
$299,900
3 Bed 2 Bath 1,376 sqft $218/sqft Built 2001 0.14 acres 2-Car Garage Pool Block House Creek Ph D Sec 02
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About This Home

Move-In Ready Gem in Block House Creek! This turnkey single-story, 3-bed, 2-bath home offers high 9’ ceilings and a gas fireplace in the main living room. Freshly updated with new interior paint, new carpet in the bedrooms, and new blinds throughout! The primary suite provides a quiet retreat with 9’ ceilings and an ensuite bath featuring a separate shower and garden tub. Step out back to a covered patio and fully fenced yard that directly backs to the pathway at Jumano Park. Enjoy stellar community amenities including pools, parks, and trails—unbeatable location and value!

At $218/sqft, this home is 8% below the Leander active market average of $238/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1507 Catalina Dr, Leander, TX 78641

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Property Details

Price $299,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,376 sqft
Lot Size 0.14 acres (6,229.08 sqft)
Year Built 2001
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Block House Creek Ph D Sec 02
County Williamson
Zip Code 78641
$/sqft $218/sqft
Days on Market ,
HOA $57/Monthly
Annual Tax Est. $6,661.03
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246842535
List Date September 30, 2026
Elementary School Block House
Middle School Knox Wiley
High School Rouse
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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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 · September 30, 2026 $309,900
Current ask $299,900
▼ Reduced $10,000 (-3.2%) 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
609 Golden Gate Dr
Horizon Park Sec 6 $299,990 $176 3 bd / 2 ba 1,701 sqft , 2026-07-10
1765 Yaupon Grove Ln
Crystal Springs $299,000 $229 2 bd / 3 ba 1,308 sqft , 2026-02-06
2402 Susan Ln
Settlement/Block Hse Crk Sec 0 $298,000 $218 3 bd / 2 ba 1,368 sqft , 2026-06-30
910 Port Daniel Dr
Block House Crk Ph F Sec 01 $309,000 $205 3 bd / 3 ba 1,508 sqft , 2026-06-26
409 Kathleen Ln
Block House Creek $289,900 $164 4 bd / 2 ba 1,770 sqft , 2026-04-18

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
$1,440/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
$59,980
20% conventional investment loan

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

Estimated Gross Rent+$1,440
Principal + Interest−$1,637
Property Tax (~2.1% TX avg)−$525
Insurance (~0.5%)−$125
Est. Monthly Cash Flow $-847

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 October 8, 2026.

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