Active Listing  ·  35 days on market

1516 William Bee Dr

Leander, TX 78641
$464,900
4 Bed 3 Bath 2,659 sqft $175/sqft Built 2017 0.14 acres 2-Car Garage Pool Stewart Xing Ph 1

Welcome to 1516 William Bee Drive, a meticulously cared-for home offering spacious living areas, thoughtful design, and plenty of flexibility for the way you live. Warm-tone luxury vinyl flooring welcomes you inside and flows through the open-concept living, dining, and kitchen areas, where bright walls and abundant natural light create a comfortable and inviting atmosphere. The dedicated office at the front of the home provides an ideal space for working from home, studying, or a quiet retreat.

The spacious primary suite is located on the main level and offers a relaxing escape with coffered ceilings, a generous walk-in closet, and an ensuite bath featuring dual vanities and a walk-in shower. Upstairs, three additional bedrooms provide plenty of room for family, guests, or hobbies, while the loft and wired media room offer endless possibilities for a home theater, game room, playroom, or additional living space. A spacious secondary bath with dual vanities completes the upper level.

Step outside to a backyard designed for enjoying the outdoors. The covered patio extends to a spacious rock patio tucked beneath a beautiful mature oak tree, creating a perfect setting for entertaining, relaxing, or enjoying evenings at home. Pre-wired backyard lighting adds even more potential to the outdoor space.

Located in Leander with convenient access to 183 and major roadways, this home puts shopping, dining, parks, and everyday conveniences close by. Enjoy easy access to the greater North Austin area, including Cedar Park, Round Rock, Georgetown, and Austin, making it an ideal location for enjoying all that Central Texas has to offer.

At $175/sqft, this home is 24% below the Leander active market average of $230/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1516 William Bee Dr, Leander, TX 78641

Property Details

Price $464,900
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,659 sqft
Lot Size 0.14 acres (6,094.04 sqft)
Year Built 2017
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Stewart Xing Ph 1
County Williamson
Zip Code 78641
$/sqft $175/sqft
Days on Market ,
HOA $82.5/Monthly
Annual Tax Est. $8,650.04
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246807608
List Date October 8, 2026
Elementary School Pleasant Hill (Leander ISD)
Middle School Knox Wiley
High School Rouse
School District Leander ISD

Leander ISD

Pleasant Hill (Leander ISD) · Knox Wiley · Rouse

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
1673 Turtle Bay Loop
CRYSTAL SPRINGS
$460,000 $180 4 bd / 4 ba 2,561 sqft , 2026-06-02
1637 Desmond St
Stewart Xing Ph 2
$450,000 $196 3 bd / 3 ba 2,298 sqft , 2026-10-15
1749 CACTUS MOUND Dr
Cold Springs
$449,900 $163 4 bd / 3 ba 2,754 sqft , 2026-07-16
1908 Turtle Bay Loop
CRYSTAL SPRINGS
$435,000 $231 3 bd / 2 ba 1,880 sqft , 2026-08-06
1753 Cactus Mound Dr
Cold Springs
$434,900 $199 3 bd / 2 ba 2,181 sqft , 2026-10-16

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
$2,232/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
$92,980
20% conventional investment loan

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

Estimated Gross Rent+$2,232
Principal + Interest−$2,537
Property Tax (assumed ~2.1%)−$814
Insurance (assumed ~0.5%)−$194
Est. Monthly Cash Flow $-1,313

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 11, 2026.

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

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