Active Listing  ·  12 days on market

1532 Novara Trl

Leander, TX 78641
$999,447
5 Bed 6 Bath 4,768 sqft $210/sqft Built 2026 0.30 acres 4-Car Garage Pool Travisso

What's Special: Oversized Lot | No Rear Neighbors | Game Room & Media | 4-Car Garage. New Construction – December Completion! Built by Taylor Morrison, America's Most Trusted Home Builder. Welcome to the Concerto at 1532 Novara Trail in Travisso! The main level is designed for both entertaining and everyday living, showcasing a private study, formal dining room, expansive great room, and covered patio that seamlessly extends the living space outdoors. The first floor also includes a luxurious primary suite and a secondary bedroom, providing flexibility for guests or multigenerational living. Upstairs, three additional bedrooms are complemented by a spacious game room and dedicated media room, offering endless opportunities for relaxation and recreation. A four-car garage completes the home, providing ample space for vehicles, storage, and hobbies. 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: Dual primary suite upstairs, gourmet kitchen, four-car garage, 8' interior doors, rectangular freestanding tub at primary bath, and upgraded fireplace. Photos are for representative purposes only.

At $210/sqft, this home is 13% 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

1532 Novara Trl, Leander, TX 78641

Property Details

Price $999,447
Status Active Listing
Beds 5
Full Baths 5
Half Baths 1
Living Area 4,768 sqft
Lot Size 0.30 acres (13,255.31 sqft)
Year Built 2026
Garage 4 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Travisso
County Travis
Zip Code 78641
$/sqft $210/sqft
Days on Market ,
HOA $540/Semi-Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240942459
List Date July 23, 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
3621 White Rosemary Rd
Wildspring - Grove Collection
$999,000 $256 5 bd / 6 ba 3,900 sqft , 2026-03-10
1433 Indigo Bush Ln
Wildspring - Grove Collection
$999,000 $263 4 bd / 5 ba 3,800 sqft , 2026-03-24
2217 Sondrio Bnd
Travisso Ph 4 Sec 5
$999,000 $218 4 bd / 5 ba 4,588 sqft , 2026-05-23
1520 Treasure Map Vw
Palmera Ridge
$999,900 $230 5 bd / 7 ba 4,347 sqft , 2026-03-20
1305 Jolie Rose Bnd
Palmera Ridge
$999,900 $243 4 bd / 4 ba 4,120 sqft , 2026-05-29

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
$4,797/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
$199,889
20% conventional investment loan

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

Estimated Gross Rent+$4,797
Principal + Interest−$5,454
Property Tax (~2.1% TX avg)−$1,749
Insurance (~0.5%)−$416
Est. Monthly Cash Flow $-2,822

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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