Active Listing  ·  115 days on market

17129 E Darleen Dr

Leander, TX 78641
$749,500
2 Bed 1 Bath 1,008 sqft $744/sqft Built 1981 4.08 acres 2-Car Garage Pool Waterfront Trails End

***Special Financing Available 1% lender paid closing cost plus 1% lower interest for the first year!*** Lakefront. Swim Dock. 4.08 Acres. Private. No Restrictions. This two-bedroom and one-bath home is just the start of something special. While the inside is turnkey ready with an open floor plan, an expansive kitchen with gorgeous quartz countertops, new appliances, a breakfast bar, and a large dining area ready for dinner and game night, it's the additional perks this home has that make it truly special. There's a detached two-car garage and an additional shed. The spacious deck is ready for your morning coffee and exotic bird-watching books. The evening is set with string lights and a BBQ smoker with plenty of room for a grill of your own. Plants can flourish here inside and outside with the natural light and perfect shade this property has to offer. As you wander down toward your private swim dock, you're first met with your very own fire pit and an additional picnic area just for you. While this home is situated perfectly on its own spacious lot with lake views and private lake access, there's room for growth should your heart desire a shop, a she-shed, an ADU, a space for your RV, boat, toys, and more. Even build a boat dock! If you can dream it, you can have it here. This unique neighborhood is unrestricted, so building is easy. While this private and quiet home is serene and peaceful, you're still just 10 minutes or less from HEB, Target, Starbucks, and more. It really is in THE PERFECT location and has the most PERFECT views and privacy. This is not an HOA neighborhood; however, you can choose to join the TL Smith Park voluntary HOA for additional lakefront perks that include pavilions, a boat dock, a fishing dock, outdoor kitchens, grills, a kids' park, and more. Don't wait; for this price, this rare lakefront home won't be on the market long. Make it your very own primary home or even a vacation spot that the whole family will enjoy for generations.

At $744/sqft, this home is priced 209% above the Leander active market average of $241/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

17129 E Darleen Dr, Leander, TX 78641

Property Details

Price $749,500
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 1,008 sqft
Lot Size 4.08 acres (177,663.82 sqft)
Year Built 1981
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Trails End
County Travis
Zip Code 78641
$/sqft $744/sqft
Days on Market ,
HOA $150/Annually
Annual Tax Est. $12,485
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT225940306
List Date April 11, 2026
Elementary School CC Mason
Middle School Cedar Park
High School Cedar Park
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
11916 Lime Creek Rd
None
$895,000 $690 1 bd / 1 ba 1,298 sqft , 2026-07-24
13967 Fm 2769 None
Cypress Creek Volente
$599,000 $891 1 bd / 1 ba 672 sqft , 2026-04-20
24203 Fulkes Rd
Sandy Creek Ranches Ph 04
$530,000 $428 1 bd / 1 ba 1,239 sqft , 2026-04-27
17009 E Darleen Dr #2
Trails End Lake Travis
$499,500 $378 2 bd / 2 ba 1,320 sqft , 2026-04-01
24300 Cisco Trl
Round Mountain Oaks
$499,000 $509 2 bd / , ba 980 sqft , 2024-06-10

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
$3,598/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
$149,900
20% conventional investment loan

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

Estimated Gross Rent+$3,598
Principal + Interest−$4,090
Property Tax (~2.1% TX avg)−$1,312
Insurance (~0.5%)−$312
Est. Monthly Cash Flow $-2,116

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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