Active Listing  ·  50 days on market

1521 Novara Trl

Leander, TX 78641
$1,093,572
5 Bed 5 Bath 4,684 sqft $233/sqft Built 2026 0.23 acres 3-Car Garage Pool Travisso

What's Special: Game Room & Media | Dedicated Study | 3-Car Garage | Covered Patio. New Construction – October Completion! Built by Taylor Morrison, America's Most Trusted Home Builder. Welcome to the Concerto at 1521 Novara Trail in Travisso! You're greeted by a dedicated study and formal dining room just off the foyer. Moving into the heart of the home, an open great room that flows seamlessly into the gourmet kitchen and extended casual dining room are perfect for hosting or entertaining. A main level guest suite with attached bathroom and walk-in closet offer a private retreat for guests while a nearby laundry room adds everyday convenience. Tucked away is the extended primary suite featuring dual vanities, mudset shower, oval free-standing tub, and two walk-in closets. Upstairs, you'll find three additional guest suites with attached bathrooms and walk-in closets. The spacious game room and media room offer endless possibilities while the open views to below provide an open and spacious atmosphere. Experience refined Hill Country living at Travisso in Leander, one of the Austin area's most prestigious communities. Known for its breathtaking views, upscale amenities, and elevated lifestyle, Travisso offers a distinguished setting surrounded by rolling hills with convenient access to Austin. Residents enjoy two exceptional amenity centers featuring a resort-style pool, fitness center, splash pad, tennis courts, and inviting open-air gathering spaces. With more than 350 acres of preserved open space and top-rated schools, Travisso offers an unparalleled Hill Country lifestyle! Additional Highlights Include: Mudset shower at bath 3, rectangle bathtub at hall bath, 42" front door, black vinyl sliding door unit, pre-plumb sink at laundry, pre-plumb for future outdoor sink, and upgraded fireplace. Photos are for representative purposes only.

At $233/sqft, this home is 3% 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

1521 Novara Trl, Leander, TX 78641

Property Details

Price $1,093,572
Status Active Listing
Beds 5
Full Baths 4
Half Baths 1
Living Area 4,684 sqft
Lot Size 0.23 acres (9,975.24 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Travisso
County Travis
Zip Code 78641
$/sqft $233/sqft
Days on Market ,
HOA $540/Semi-Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236395652
List Date June 15, 2026
Elementary School CC Mason
Middle School Running Brushy
High School Cedar Park
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 →

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
1324 Jolie Rose Bnd
Palmera Ridge
$1,098,900 $281 5 bd / 5 ba 3,917 sqft , 2026-02-09
2825 Whalesong Way
Leander Estates
$1,098,950 $239 4 bd / 5 ba 4,601 sqft , 2026-06-25
2508 Chiavari Way
Travisso - Naples Collection
$1,099,000 $241 4 bd / 5 ba 4,559 sqft , 2026-07-01
1645 Hosanna Grande Way
Palmera Ridge
$1,099,900 $217 5 bd / 6 ba 5,071 sqft , 2026-04-16
1612 High Lonesome None
Grand Mesa At Crystal Falls II
$1,100,000 $354 4 bd / 4 ba 3,106 sqft , 2026-07-14

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
$5,249/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
$218,714
20% conventional investment loan

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

Estimated Gross Rent+$5,249
Principal + Interest−$5,968
Property Tax (~2.1% TX avg)−$1,914
Insurance (~0.5%)−$456
Est. Monthly Cash Flow $-3,089

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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