Active Listing  ·  28 days on market

1621 Arapaho Mountain Pass

Leander, TX 78641
$275,000
3 Bed 3 Bath 1,476 sqft $186/sqft Built 2019 0.11 acres 2-Car Garage Pool Valley Vista Ph 1

Saturday morning. Coffee in hand, shoes on, and you're out the back gate before anyone has even finished deciding what to do today. The trail is right there, the South Fork San Gabriel River is nearby, and your morning walk doesn't require loading everyone into the car first. Add a cul-de-sac location and a greenbelt lot, and the hardest part might be convincing yourself to come back inside.

Welcome to 1621 Arapaho Mountain Pass in Valley Vista. This 1,476-square-foot home offers three bedrooms, two and a half baths, and an upgraded feel with luxury vinyl plank flooring and five-panel interior doors. All three bedrooms are on the same floor, keeping the layout practical, while the detached two-car garage opens up some interesting possibilities. Want a home gym that can get loud, a workshop for weekend projects, or even a garage band? You can make some noise without waking up the whole house. Its position toward the rear of the property also leaves you with a longer-than-usual driveway and more parking than you might expect.

Out back, the greenbelt setting puts walking trails just beyond your own gate, with the South Fork San Gabriel River nearby for even more opportunities to get outside. And if your four-legged family members are part of the equation, Mercy Veterinary Hospital is a short walk away and offers boarding services for those times when you're heading out of town. It's a home that combines everyday practicality with a little more room to enjoy the outdoors, all in a setting that makes getting outside about as easy as it gets.

At $186/sqft, this home is 19% below the Leander active market average of $230/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1621 Arapaho Mountain Pass, Leander, TX 78641

Property Details

Price $275,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,476 sqft
Lot Size 0.11 acres (4,861.3 sqft)
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Valley Vista Ph 1
County Williamson
Zip Code 78641
$/sqft $186/sqft
Days on Market ,
HOA $90/Monthly
Annual Tax Est. $7,034.21
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249601371
List Date October 15, 2026
Elementary School Bar W
Middle School Santa Rita Middle
High School Legacy Ranch
School District Liberty Hill ISD

Liberty Hill ISD

Bar W · Santa Rita Middle · Legacy Ranch

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 · October 15, 2026 $300,000
Current ask $275,000
▼ Reduced $25,000 (-8.3%) 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
2805 Seneca Path #31
Valley Vista East Condos
$285,000 $279 2 bd / 2 ba 1,020 sqft , 2026-08-31
2801 Seneca Path #32
Valley Vista East Condos
$295,000 $218 3 bd / 3 ba 1,352 sqft , 2026-10-07
700 Affazia Ln #C
Rancho Sienna/ The Villas
$315,000 $216 3 bd / 2 ba 1,456 sqft , 2026-05-29
2441 Indian Clover Trl
Bar W Ranch
$359,900 $226 3 bd / 2 ba 1,596 sqft , 2026-11-05
2245 Leppy Ln
Bar W
$365,000 $196 4 bd / 2 ba 1,865 sqft , 2026-11-03

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
$1,320/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
$55,000
20% conventional investment loan

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

Estimated Gross Rent+$1,320
Principal + Interest−$1,501
Property Tax (assumed ~2.1%)−$481
Insurance (assumed ~0.5%)−$115
Est. Monthly Cash Flow $-777

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 · 41 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. The written content was last updated on November 3, 2026.

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

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