Active Listing  ·  9 days on market

1624 Coral Sunrise Trl

Leander, TX 78641
$420,000
5 Bed 5 Bath 2,544 sqft $165/sqft Built 2022 0.08 acres 2-Car Garage Pool Retreat at Hero Way

Discover unparalleled luxury and incredible flexibility in this stunning 5-bedroom, 4.5-bathroom property, nestled within an exclusive gated community in the heart of Leander, Texas.

Upon entering the main level you find a beautifully designed, light-filled open floor plan tailored for both entertaining and comfort. The large kitchen flows seamlessly into the main living area, while the generous primary suite is only steps away on the main level. With five spacious bedrooms and four and a half baths, there is abundant room for everyone to enjoy ultimate privacy and comfort.

What truly sets this home apart is the possibility of some rental income in the above-garage apartment. This versatile living space offers limitless possibilities—use it as a private suite for multi-generational living, a quiet home office, or leverage its fantastic rental potential to generate extra income and offset your mortgage!

Location is everything, and this home delivers unparalleled convenience. You are just minutes from the H-E-B Plus! for effortless grocery runs and a stone's throw from Leander Station, where the MetroRail offers a stress-free, traffic-free ride straight into downtown Austin.

Beyond your immediate conveniences, you'll also enjoy quick access to many restaurants, old downtown Leander, 183A Tollway, top-rated Leander ISD Schools, and many outdoor recreation spots. Also nearby is the Northline Development: Leander's rapidly gowing walkable downtown district featuring premier dining, shopping, and entertainment.

Offering premium privacy, mortgage offset posibility, and quick access to the best amenities in one of Central Texas’s fastest-growing cities, this rare gem won’t last long.

At $165/sqft, this home is 31% 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

1624 Coral Sunrise Trl, Leander, TX 78641

Property Details

Price $420,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths 1
Living Area 2,544 sqft
Lot Size 0.08 acres (3,615.48 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Retreat at Hero Way
County Williamson
Zip Code 78641
$/sqft $165/sqft
Days on Market ,
HOA $88/Monthly
Annual Tax Est. $8,465.48
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242644865
List Date August 7, 2026
Elementary School Bagdad
Middle School Danielson
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
405 Mountain Sky Bnd
ROSENBUSCH RANCH
$419,900 $216 4 bd / 3 ba 1,942 sqft , 2026-03-23
904 Prominence Way
South Brook
$416,950 $215 4 bd / 2 ba 1,936 sqft , 2026-08-11
1411 Encino Dr
Vista Ridge Ph 01
$415,000 $143 4 bd / 3 ba 2,900 sqft , 2026-07-26
432 Tinto St
ROSENBUSCH RANCH
$429,000 $178 4 bd / 3 ba 2,412 sqft , 2026-04-30
1436 Lindo Dr
VISTA RIDGE PH 2-B
$429,000 $133 5 bd / 4 ba 3,237 sqft , 2026-06-13

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
$2,016/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
$84,000
20% conventional investment loan

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

Estimated Gross Rent+$2,016
Principal + Interest−$2,292
Property Tax (~2.1% TX avg)−$735
Insurance (~0.5%)−$175
Est. Monthly Cash Flow $-1,186

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 11, 2026.

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