Active Listing  ·  222 days on market

1508 Chalk Bluff Ct

Leander, TX 78641
$1,450,000
5 Bed 5 Bath 3,962 sqft $366/sqft Built 2026 0.43 acres 3-Car Garage Pool New Construction Fairways At Crystal Falls Sec

Experience elevated living in this stunning new construction home in the sought-after Crystal Falls community. Spanning 3,972 square feet, this thoughtfully designed residence offers 5 bedrooms, 4 bathrooms, a private office, media room, and game room, blending luxury, comfort, and functionality at every turn.

Designed with refined finishes and exceptional attention to detail, the home features soaring high ceilings, wood floors throughout, a striking waterfall island, and a beautifully appointed chef’s kitchen complemented by a dirty kitchen/scullery for seamless entertaining and everyday ease. The luxurious primary suite is located on the main level alongside a guest bedroom, offering flexibility and convenience, while the second floor hosts 3 additional bedrooms, plus expansive game and media rooms.

From the built-in cabinetry in every bedroom closet to the high-end plumbing fixtures, floating vanities, and oversized walk-in primary closet, every space has been curated with both style and intention. This is a rare opportunity to own a sophisticated new construction home in one of Leander’s most desirable communities.

Located in the sought-after Crystal Falls community, residents enjoy a scenic Hill Country setting with access to resort-style pools, parks, playgrounds, tennis courts, fishing, disc golf and miles of walking trails.

At $366/sqft, this home is priced 59% above the Leander active market average of $230/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1508 Chalk Bluff Ct, Leander, TX 78641

Property Details

Price $1,450,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths 1
Living Area 3,962 sqft
Lot Size 0.43 acres (18,573.98 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Fairways At Crystal Falls Sec
County Travis
Zip Code 78641
$/sqft $366/sqft
Days on Market ,
HOA $78/Monthly
Annual Tax Est. $6,304.35
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT224939073
List Date April 4, 2026
Elementary School Whitestone
Middle School Leander Middle
High School Leander High
School District Leander ISD

Leander ISD

Whitestone · Leander Middle · Leander High

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 · April 4, 2026 $1,599,000
Previous ask $1,499,000
Current ask $1,450,000
▼ Reduced $149,000 (-9.3%) 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
1001 La Cantera None
Grand Mesa At Crystal Falls
$1,299,500 $357 4 bd / 4 ba 3,642 sqft , 2026-03-31
1601 Coronado None
Grand Mesa At Crystal Falls
$1,195,000 $355 5 bd / 4 ba 3,370 sqft , 2026-06-07
2409 Legend Trl
Fairways At Crystal Falls Sec
$1,145,000 $258 5 bd / 4 ba 4,435 sqft , 2026-09-09
2504 Long Lasso Pass
Crystal Falls
$975,000 $237 4 bd / 4 ba 4,115 sqft , 2026-07-16

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
$6,960/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
$290,000
20% conventional investment loan

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

Estimated Gross Rent+$6,960
Principal + Interest−$7,913
Property Tax (assumed ~2.1%)−$2,538
Insurance (assumed ~0.5%)−$604
Est. Monthly Cash Flow $-4,095

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 · 41 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. The written content was last updated on November 6, 2026.

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

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