Active Listing  ·  209 days on market

1600 Hope Ranch Rd

Leander, TX 78641
$348,000
4 Bed 2 Bath 1,688 sqft $206/sqft Built 2022 0.12 acres 2-Car Garage Pool Reserve at North Fork

*** Seller offering $8000 toward buyer closing costs or a 2-1 buy down!!!! This incredible single story home has 3 bedroom and 2 full bath home with front-facing office. The open concept makes entertaining even more enjoyable. This beautiful home has hard flooring throughout the common areas, an island in the kitchen and plenty of natural sunlight. Step outside to your spacious covered porch and fenced in yard. The perfect place to enjoy Austin's almost endless Summers.

All curtains will stay with the home, as well as appliances!

Enjoy a low HOA that includes internet service!

At $206/sqft, this home is 15% 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

1600 Hope Ranch Rd, Leander, TX 78641

Property Details

Price $348,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,688 sqft
Lot Size 0.12 acres (5,401.44 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Reserve at North Fork
County Williamson
Zip Code 78641
$/sqft $206/sqft
Days on Market ,
HOA $85/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT215592839
List Date January 7, 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 →

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
40 Pacific Loon St
Summerlyn West Sec 4 & 5
$348,000 $171 4 bd / 3 ba 2,041 sqft , 2026-07-07
1504 William Bee Dr
Stewart Xing Ph 1
$349,000 $200 3 bd / 2 ba 1,745 sqft , 2026-04-04
352 S Brook Dr
Oak Creek Ph 2
$349,000 $172 3 bd / 2 ba 2,031 sqft , 2026-04-03
1106 Woodview Dr
Oak Ridge Sec 2
$349,900 $202 3 bd / 2 ba 1,735 sqft , 2026-05-28
913 Whitley Dr
Benbrook Ranch Sec 01 Ph 02
$349,900 $186 4 bd / 3 ba 1,878 sqft , 2026-06-01

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
$1,670/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
$69,600
20% conventional investment loan

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

Estimated Gross Rent+$1,670
Principal + Interest−$1,899
Property Tax (~2.1% TX avg)−$609
Insurance (~0.5%)−$145
Est. Monthly Cash Flow $-983

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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