Active Listing  ·  28 days on market

1637 Desmond St

Leander, TX 78641
$450,000
3 Bed 3 Bath 2,298 sqft $196/sqft Built 2019 0.20 acres 2-Car Garage Pool Stewart Xing Ph 2

Privacy and space come together in this gorgeous single-story home on a premium lot. The home backs to an HOA-maintained retention pond, with Brushy Creek parkland extending beyond it, so there are no immediate rear neighbors. The home also sits on a half-cul-de-sac, offering a more private street setting. The floor plan is flexible, offering a media room and a separate office with a Murphy bed that could serve as a 4th bedroom or a guest room. The theater room has a surround sound system, ready for movie nights the moment you move in. The main living area features an open-concept layout with high ceilings and gorgeous luxury vinyl plank flooring. The family room is framed by a wall of windows that showcases the greenspace behind the home and fills the space with natural light. The kitchen is generously appointed with upgraded granite counters, custom cabinetry, a stylish backsplash, a large island with breakfast bar, and a walk-in pantry. The primary suite offers an oversized glass walk-in shower with a seat plus a large walk-in closet with custom shelving. Plus, the laundry room was upgraded with doors connecting it to both the hall and the primary suite for added convenience. Out back, a covered patio leads to multiple Trex decks designed for relaxing and entertaining. The upper deck features a custom grill station, perfect for cooking and gathering with friends and family, while the lower deck includes a pool built directly into it, making summer days easy to enjoy. You can also enjoy watching wildlife move through the open field behind the fence. A fire pit and a designated hot tub area with wiring already in place round out the outdoor amenities, creating a versatile space to enjoy year-round. Additional features include spray foam insulation for lower electric bills and a roof replaced in 2023. Stewart Crossing sits near Rouse High School and Wiley Middle School, and residents enjoy a community pool and park.

At $196/sqft, this home is 15% 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

1637 Desmond St, Leander, TX 78641

Property Details

Price $450,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,298 sqft
Lot Size 0.20 acres (8,764.27 sqft)
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Stewart Xing Ph 2
County Williamson
Zip Code 78641
$/sqft $196/sqft
Days on Market ,
HOA $82.5/Monthly
Annual Tax Est. $9,420.42
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247630922
List Date October 15, 2026
Elementary School Pleasant Hill
Middle School Knox Wiley
High School Rouse
School District Leander ISD

Leander ISD

Pleasant Hill · Knox Wiley · Rouse

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 $495,000
Previous ask $470,000
Current ask $450,000
▼ Reduced $45,000 (-9.1%) 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
1516 William Bee Dr
Stewart Xing Ph 1
$464,900 $175 4 bd / 3 ba 2,659 sqft , 2026-10-08
1504 William Bee Dr
Stewart Xing Ph 1
$349,000 $200 3 bd / 2 ba 1,745 sqft , 2026-04-04
1508 Ida Nell Pearson St
Stewart Crossing
$349,000 $200 3 bd / 2 ba 1,748 sqft , 2026-11-06
860 Water Hyacinth Loop
Crystal Crossing
$348,000 $148 3 bd / 2 ba 2,344 sqft , 2026-02-27
1106 Willow Creek Dr
Oak Ridge Sec 2
$327,900 $161 3 bd / 2 ba 2,032 sqft , 2026-09-09

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
$2,160/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
$90,000
20% conventional investment loan

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

Estimated Gross Rent+$2,160
Principal + Interest−$2,456
Property Tax (assumed ~2.1%)−$788
Insurance (assumed ~0.5%)−$188
Est. Monthly Cash Flow $-1,272

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 10, 2026.

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

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