Active Listing  ·  119 days on market

1640 Alasio Dr

Leander, TX 78641
$905,570
5 Bed 5 Bath 4,300 sqft $211/sqft Built 2026 0.24 acres 2-Car Garage Pool New Construction Travisso

What's Special: Primary Retreat | Close to Amenity | Game Room and Media | 2-Story Great Rm with Fireplace. New Construction – Ready Now! Built by Taylor Morrison, America's Most Trusted Home Builder. Welcome to the Arabella at 1640 Alasio Drive in Travisso! This stunning home welcomes you with a grand foyer, curved staircase, private study, and formal dining room. The soaring great room with a fireplace flows into the gourmet kitchen and dining area, creating a warm and inviting heart of the home. A secondary bedroom suite and luxurious primary suite are conveniently located on the main level. Upstairs, three additional bedrooms, a tech space, game room, media room, and outdoor balcony provide plenty of room to relax, work, and entertain. Experience refined Hill Country living at Travisso in Leander, one of the Austin area's most prestigious communities. Known for its breathtaking views, upscale amenities, and elevated lifestyle, Travisso offers a distinguished setting surrounded by rolling hills with convenient access to Austin. Residents enjoy two exceptional amenity centers featuring a resort-style pool, fitness center, splash pad, tennis courts, and inviting open-air gathering spaces. With more than 350 acres of preserved open space and top-rated schools, Travisso offers an unparalleled Hill Country lifestyle! Additional Highlights Include: Covered upstairs balcony, covered patio, sliding door at great room, mud-set shower at bath 4, 8' interior doors at second floor, and drop-in tub at primary bath.

At $211/sqft, this home is 8% 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

1640 Alasio Dr, Leander, TX 78641

Property Details

Price $905,570
Status Active Listing
Beds 5
Full Baths 4
Half Baths 1
Living Area 4,300 sqft
Lot Size 0.24 acres (10,450.04 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Travisso
County Travis
Zip Code 78641
$/sqft $211/sqft
Days on Market ,
HOA $540/Semi-Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT240169629
List Date July 16, 2026
Elementary School CC Mason
Middle School Running Brushy
High School Cedar Park
School District Leander ISD

Leander ISD

CC Mason · Running Brushy · Cedar Park

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 · July 16, 2026 $957,080
Previous ask $942,080
Current ask $905,570
▼ Reduced $51,510 (-5.4%) 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
2301 Fossetta View None
Travisso Ph 2 Sec 1G
$899,999 $260 4 bd / 4 ba 3,455 sqft , 2026-10-08
5325 Bellano Bnd
Travisso - Siena Collection
$899,000 $225 4 bd / 5 ba 3,987 sqft , 2026-09-29
1505 Novara Trl
Travisso
$919,220 $224 5 bd / 5 ba 4,111 sqft , 2026-07-23
2312 Vittoria Vw
Travisso
$891,035 $193 5 bd / 6 ba 4,611 sqft , 2026-06-15
2217 Sondrio Bnd
Travisso Ph 4 Sec 5
$925,000 $202 4 bd / 5 ba 4,588 sqft , 2026-10-16

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
$4,347/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
$181,114
20% conventional investment loan

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

Estimated Gross Rent+$4,347
Principal + Interest−$4,942
Property Tax (assumed ~2.1%)−$1,585
Insurance (assumed ~0.5%)−$377
Est. Monthly Cash Flow $-2,557

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 9, 2026.

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

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