Active Listing  ·  161 days on market

1524 Novara Trl

Leander, TX 78641
$878,706
5 Bed 5 Bath 4,206 sqft $209/sqft Built 2026 0.24 acres 3-Car Garage Pool Travisso

What's Special: Larger Lot | No Rear Neighbors | Close to Amenity | Game Room & Media. New Construction – September Completion! Built by Taylor Morrison, America's Most Trusted Home Builder. Welcome to the Calypso at 1524 Novara Trail in Travisso! This thoughtful floor plan offers a lovely blend of comfort and charm among Austin’s new homes for sale. The front porch opens into a welcoming foyer that leads to a formal dining area and half bath, with a secondary bedroom featuring an ensuite bath and a private study just across the way. At the heart of the home, the great room flows into the kitchen and casual dining area, with a covered patio ready for sunny moments outside. A convenient laundry room sits near the garage entry for everyday ease. The secluded primary suite rests at the back of the home and offers a spa-like bath and a spacious walk-in closet. Upstairs, three additional bedrooms, including one with an ensuite bath, join a shared full bath, a cheerful game room and a cozy media room. 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: Shower/mud set at bath 2, 8' interior doors at second floor, and direct vent fireplace at great room. Photos are for representative purposes only.

At $209/sqft, this home is 13% below the Leander active market average of $239/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1524 Novara Trl, Leander, TX 78641

Property Details

Price $878,706
Status Active Listing
Beds 5
Full Baths 4
Half Baths 1
Living Area 4,206 sqft
Lot Size 0.24 acres (10,280.16 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Travisso
County Travis
Zip Code 78641
$/sqft $209/sqft
Days on Market ,
HOA $540/Semi-Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT221920172
List Date March 9, 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 →

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 · March 9, 2026 $980,000
Previous ask $949,000
Current ask $878,706
Reduced $101,294 (-10.3%) 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
908 Siena Sunset Rd
Travisso
$875,000 $259 4 bd / 5 ba 3,380 sqft , 2026-05-21
1329 Siena Sunset Rd
Travisso
$875,000 $259 5 bd / 4 ba 3,381 sqft , 2026-06-12
5021 Colombo Vw
Travisso - Siena Collection
$874,000 $223 4 bd / 5 ba 3,914 sqft , 2026-04-14
1517 Bardella Dr
Travisso
$885,000 $221 5 bd / 5 ba 4,000 sqft , 2026-07-24
4721 Modena Bay Bnd
Travisso
$895,000 $241 4 bd / 5 ba 3,721 sqft , 2026-05-21

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
$4,218/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
$175,741
20% conventional investment loan

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

Estimated Gross Rent+$4,218
Principal + Interest−$4,795
Property Tax (~2.1% TX avg)−$1,538
Insurance (~0.5%)−$366
Est. Monthly Cash Flow $-2,481

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 · 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 July 31, 2026.

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