Active Listing  ·  69 days on market

1601 Bovina Dr

Leander, TX 78641
$484,990
5 Bed 4 Bath 3,171 sqft $153/sqft Built 2015 0.18 acres 2-Car Garage Pool Mason Ranch Ph 1 Sec 2

Enjoy access to the community pool, park, and neighborhood amenities while living in this stunning two-story home at 1601 Bovina Drive, offering 5 bedrooms, 4 full bathrooms, and an exceptional floor plan designed for both everyday living and entertaining. Situated on a spacious corner lot in one of Leander's most desirable communities, this beautifully maintained residence combines generous living spaces, timeless finishes, and incredible functionality. The heart of the home is the expansive open-concept living area featuring soaring ceilings, abundant natural light, and seamless flow into the gourmet kitchen. The chef-inspired kitchen showcases granite countertops, rich cabinetry, stainless steel appliances, a large center island with bar seating, a walk-in pantry, and an adjoining dining area perfect for hosting family and friends. The private first-floor primary suite serves as a true retreat, complete with a spa-like bath featuring dual vanities, an oversized walk-in shower, and an impressive walk-in closet. A secondary bedroom and full bath on the main level provide ideal accommodations for guests or multigenerational living. Upstairs, you'll find three additional bedrooms, two full bathrooms, and an oversized loft/game room offering endless possibilities for a media room, playroom, home gym, or additional living space. Step outside to enjoy the covered back patio overlooking a large backyard with plenty of room to relax, entertain, or play. The inviting covered front porch, beautiful stone and stucco exterior, and mature landscaping create outstanding curb appeal from the moment you arrive. Additional highlights include a NEW roof installed in 2025, a security system, and a full sprinkler system for added convenience and peace of mind. Conveniently located, this move-in ready home offers the perfect combination of space, comfort, and location. Don't miss the opportunity to make this your next home!

At $153/sqft, this home is 36% 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

1601 Bovina Dr, Leander, TX 78641

Property Details

Price $484,990
Status Active Listing
Beds 5
Full Baths 4
Half Baths ,
Living Area 3,171 sqft
Lot Size 0.18 acres (8,019.4 sqft)
Year Built 2015
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Mason Ranch Ph 1 Sec 2
County Williamson
Zip Code 78641
$/sqft $153/sqft
Days on Market ,
HOA $195/Quarterly
Annual Tax Est. $10,165.58
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT235446973
List Date June 8, 2026
Elementary School Whitestone
Middle School Leander Middle
High School Leander High
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.

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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 · June 8, 2026 $494,990
Current ask $484,990
Reduced $10,000 (-2.0%) 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
828 Boise Dr
Cedar Brook
$484,990 $189 4 bd / 3 ba 2,568 sqft , 2026-08-11
429 Eagle Canyon Dr
ROSENBUSCH RANCH
$483,740 $200 4 bd / 3 ba 2,417 sqft , 2026-07-14
1814 Paseo Verde Dr
Vista Ridge
$489,000 $183 4 bd / 3 ba 2,675 sqft , 2026-04-06
504 Chaparral Dr
Vista Ridge Ph 03
$475,000 $167 5 bd / 4 ba 2,846 sqft , 2025-05-28
2129 Spokane Dr
Cedar Brook
$474,990 $188 4 bd / 4 ba 2,522 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
$2,328/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
$96,998
20% conventional investment loan

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

Estimated Gross Rent+$2,328
Principal + Interest−$2,647
Property Tax (~2.1% TX avg)−$849
Insurance (~0.5%)−$202
Est. Monthly Cash Flow $-1,370

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 August 12, 2026.

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