Active Listing  ·  21 days on market

1612 High Lonesome None

Leander, TX 78641
$1,100,000
4 Bed 4 Bath 3,106 sqft $354/sqft Built 2010 1.85 acres 3-Car Garage Pool Grand Mesa At Crystal Falls II

There is not another home like this in Grand Mesa at Crystal Falls, literally. Designed by award-winning Austin architect Jiri Hajek, the residence was created specifically for this property rather than adapted from a builder plan. The owners hold the original floorplan, making this the only home of its kind in the neighborhood. Set on 1.8 acres with more than 200’ between the home and the road, the setting feels private from the moment you turn onto the driveway. Mature live oaks, cedar elms, and black walnut trees surround the property, while stucco, stacked stone, arched openings, a tile roof, and a Juliet balcony give the home the look of a Mediterranean villa hidden beneath the canopy. It was intentionally positioned to benefit from the shade, supporting its energy-efficient design while preserving the natural beauty. At the center is a private, tree-shaded courtyard that functions as a true outdoor living space. The home wraps around it, with expansive windows and multiple access points keeping the courtyard visually connected to the interior. Stone paving, cafe lights, mature trees, and stacked stone walls create an intimate setting. The property opens into a broad lawn framed by mature trees and continues to the center of Bloody Hollow Creek, giving the home a private gathering space and room to enjoy the acreage. Inside, the home lives primarily as a single story, with the main living areas and bedrooms downstairs and an upstairs office or flex space with a Juliet balcony. A soaring living room with views, arched openings, stone and brick accents, and rich wood details carries the architecture indoors, while the kitchen brings custom cabinetry, a generous island, and plenty of storage. More than anything, this home was designed around its setting, from the secluded approach and private courtyard to the expansive lawn and creek beyond. Its architecture, acreage, and seamless indoor-outdoor connection make it truly unlike anything else in the community.

At $354/sqft, this home is priced 47% above the Leander active market average of $241/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1612 High Lonesome None, Leander, TX 78641

Property Details

Price $1,100,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,106 sqft
Lot Size 1.85 acres (80,768.95 sqft)
Year Built 2010
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Grand Mesa At Crystal Falls II
County Travis
Zip Code 78641
$/sqft $354/sqft
Days on Market ,
HOA $83/Monthly
Annual Tax Est. $21,155.93
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239192007
List Date July 14, 2026
Elementary School Whitestone
Middle School Running Brushy
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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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
13107 Shady Mountain Rd
Shady Mountain
$1,100,000 $289 4 bd / 3 ba 3,804 sqft , 2026-08-03
1324 Jolie Rose Bnd
Palmera Ridge
$1,098,900 $281 5 bd / 5 ba 3,917 sqft , 2026-02-09
1321 Indigo Bush Ln
Wildspring - Grove Collection
$1,074,000 $285 4 bd / 5 ba 3,763 sqft , 2026-07-14
14804 Arrowhead Dr
Arrowhead Point
$1,149,000 $310 4 bd / 5 ba 3,711 sqft , 2026-06-24
2941 Heritage Heights Rd
Hilltop Ranch
$1,149,900 $293 4 bd / 5 ba 3,931 sqft , 2026-04-16

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
$5,280/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
$220,000
20% conventional investment loan

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

Estimated Gross Rent+$5,280
Principal + Interest−$6,003
Property Tax (~2.1% TX avg)−$1,925
Insurance (~0.5%)−$458
Est. Monthly Cash Flow $-3,106

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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