Active Listing  ·  152 days on market

1521 Hope Ranch Rd

Leander, TX 78641
$330,000
3 Bed 2 Bath 1,714 sqft $193/sqft Built 2022 0.13 acres 2-Car Garage Pool Reserve/North Fork Sub

This beautifully designed single-story home comes with HOA fees that include free internet, adding both value and convenience.

Featuring 3 bedrooms and a spacious study with French doors, this home offers the perfect space for a home office or flexible living. Wood flooring flows throughout the main living areas, creating a warm and inviting feel.

The open-concept design includes a bright family room filled with natural light, a separate dining area, and a chef-inspired kitchen that’s perfect for everyday living and entertaining.

Enjoy outdoor living on the covered back porch overlooking the backyard—ideal for relaxing or gathering with family and friends.

At $193/sqft, this home is 19% below the Leander active market average of $237/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1521 Hope Ranch Rd, Leander, TX 78641

Property Details

Price $330,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,714 sqft
Lot Size 0.13 acres (5,445 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Reserve/North Fork Sub
County Williamson
Zip Code 78641
$/sqft $193/sqft
Days on Market ,
HOA $83/Monthly
Annual Tax Est. $6,616.27
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227493953
List Date April 23, 2026
Elementary School Jim Plain
Middle School Knox Wiley
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.

Schedule a Call →

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 23, 2026 $359,000
Previous ask $340,000
Current ask $330,000
Reduced $29,000 (-8.1%) 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
713 Ranchero Rd
Estates North Creek Ranch Sec 01
$330,000 $168 3 bd / 2 ba 1,970 sqft , 2026-08-26
520 S Brook Dr
Heritage Glen Sec 01
$329,900 $206 3 bd / 2 ba 1,605 sqft , 2026-09-17
913 Whitley Dr
Benbrook Ranch Sec 01 Ph 02
$335,000 $178 4 bd / 3 ba 1,878 sqft , 2026-06-01
1105 SOUTH BROOK Dr
BENBROOK RANCH
$335,000 $188 3 bd / 2 ba 1,782 sqft , 2026-08-12
1620 Holly Lake Dr
Reserve at North Fork Sub
$338,500 $201 3 bd / 2 ba 1,680 sqft , 2026-03-26

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
$1,584/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
$66,000
20% conventional investment loan

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

Estimated Gross Rent+$1,584
Principal + Interest−$1,801
Property Tax (~2.1% TX avg)−$578
Insurance (~0.5%)−$138
Est. Monthly Cash Flow $-933

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

More Luxury Homes in Leander

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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 September 13, 2026.

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