Active Listing  ·  67 days on market

1519 Fenton Hill Dr

Leander, TX 78641
$362,000
4 Bed 3 Bath 2,152 sqft $168/sqft Built 2022 0.11 acres 2-Car Garage Pool Homestead

Well-maintained 4-bedroom, 2.5-bath home located in the highly desirable Homestead community in Leander. Built in 2022, this two-story property offers a spacious, open-concept layout with the primary suite conveniently located on the main floor. The kitchen features Energy Star stainless steel appliances, a gas cooktop, ample cabinetry, and a large pantry—perfect for everyday living and entertaining. Upstairs, you’ll find three secondary bedrooms, a full bath, and a second living area that provides flexible space for a home office, game room, or media area. The home also includes a dedicated laundry room, attached two-car garage, and a fully fenced greenbelt backyard with a sprinkler system. Located just minutes from Glenn High School, Danielson Middle School, and the upcoming Northline development, this home offers convenient access to major highways, shopping, and dining. Low-maintenance living with HOA covering exterior landscaping and common area maintenance. Great investment home.

LENDER PAID RATE BUYDOWN AND CREDIT TOWARDS CLOSING COST WHERE QUALIFIED THROUGH OUR PREFERRED LENDER. VERY MOTIVATED SELLER.

At $168/sqft, this home is 30% 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

1519 Fenton Hill Dr, Leander, TX 78641

Property Details

Price $362,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,152 sqft
Lot Size 0.11 acres (4,987.62 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Homestead
County Williamson
Zip Code 78641
$/sqft $168/sqft
Days on Market ,
HOA $52/Monthly
Annual Tax Est. $7,325.6
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231377691
List Date May 29, 2026
Elementary School Jim Plain
Middle School Danielson
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.

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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
117 Deserti Rd
WILDLEAF
$360,000 $184 3 bd / 3 ba 1,952 sqft , 2026-04-15
141 Parryi Cv
Wildleaf
$360,000 $191 4 bd / 2 ba 1,885 sqft , 2025-08-11
313 Olmos Dr
Vista Ridge
$360,000 $141 4 bd / 3 ba 2,548 sqft , 2026-07-27
2108 Maplewood Dr
Hawkes Landing
$364,000 $227 3 bd / 2 ba 1,606 sqft , 2026-06-26
703 Sparkling Brook Ln
North Creek Sec 03B
$359,990 $193 3 bd / 3 ba 1,864 sqft , 2026-06-18

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
$1,738/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
$72,400
20% conventional investment loan

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

Estimated Gross Rent+$1,738
Principal + Interest−$1,976
Property Tax (~2.1% TX avg)−$634
Insurance (~0.5%)−$151
Est. Monthly Cash Flow $-1,023

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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