Active Listing  ·  110 days on market

1645 Hosanna Grande Way

Leander, TX 78641
$1,099,900
5 Bed 6 Bath 5,071 sqft $217/sqft Built 2026 0.12 acres 4-Car Garage Pool Palmera Ridge

Step off the front porch into a grand entryway boasting a 20-foot ceiling and curved staircase. French doors open into the home office. Dining room is adjacent from the office. Past the stairs you enter the open family room with a wall of windows, a wood mantel fireplace, and extended ceilings. The morning area connects the living area and the kitchen. An island with built-in seating, a commercial style 6-burner gas range top, corner walk-in pantry and butler's pantry provide additional storage. The primary bedroom hosts a wall of windows. French doors open into the primary bathroom which features dual vanities, a freestanding tub, a separate glass enclosed shower, and two walk-in closets. A private guest suite is off of the morning area and features a walk-in closet and private bathroom. Upstairs you are greeted by a game room which overlooks the main floor and a theatre room with three large windows. Secondary bedrooms which boast walk-in closets and a Hollywood bathroom as well as an additional guest suite complete the second floor. Extended covered backyard patio. The mud room, utility room, and additional storage area off of the porte-cochere four-car garage.

At $217/sqft, this home is 10% below the Leander active market average of $241/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1645 Hosanna Grande Way, Leander, TX 78641

Property Details

Price $1,099,900
Status Active Listing
Beds 5
Full Baths 4
Half Baths 2
Living Area 5,071 sqft
Lot Size 0.12 acres (5,070.38 sqft)
Year Built 2026
Garage 4 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Palmera Ridge
County Williamson
Zip Code 78641
$/sqft $217/sqft
Days on Market ,
HOA $600/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT226519802
List Date April 16, 2026
Elementary School Tarvin
Middle School Knox Wiley
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.

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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 · April 16, 2026 $1,199,900
Previous ask $1,124,900
Current ask $1,099,900
Reduced $100,000 (-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
13107 Shady Mountain Rd
Shady Mountain
$1,100,000 $289 4 bd / 3 ba 3,804 sqft , 2026-08-03
2508 Chiavari Way
Travisso - Naples Collection
$1,099,000 $241 4 bd / 5 ba 4,559 sqft , 2026-07-01
2825 Whalesong Way
Leander Estates
$1,098,950 $239 4 bd / 5 ba 4,601 sqft , 2026-06-25
1324 Jolie Rose Bnd
Palmera Ridge
$1,098,900 $281 5 bd / 5 ba 3,917 sqft , 2026-02-09
1521 Novara Trl
Travisso
$1,093,572 $233 5 bd / 5 ba 4,684 sqft , 2026-06-15

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
$219,980
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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