Active Listing  ·  184 days on market

1721 Erie Dr

Leander, TX 78641
$520,000
4 Bed 2 Bath 2,386 sqft $218/sqft Built 2017 0.19 acres 2-Car Garage Pool Savanna Ranch Sec 4

Welcome to 1721 Erie Drive, where elevated design meets everyday ease, and every detail feels like it was chosen just for you.

Set on a coveted corner lot at the end of a quiet cul de sac in Savannah Ranch, this four bedroom, two bathroom home offers a rare kind of privacy. The kind you didn’t realize you were missing. Built in 2017 and spanning 2,386 square feet, the home unfolds with soaring ceilings, expansive sightlines and natural light that pours in. At the heart of it all, the kitchen commands attention with sleek granite surfaces, stainless steel appliances, a generous island designed for everything from early morning breakfasts to late night conversations over a glass of wine. The living room carries that same energy and it is the kind of space that adapts to your rhythm. Movie nights, quiet Sundays, or a room full of laughter without ever missing a beat. All four bedrooms are thoughtfully placed on the main level, creating a layout that feels both functional and connected. Whether it is family, guests, or simply the ease of single level living, everything is exactly where it should be. Upstairs, a bonus space waits to become whatever you need it to be. A media room. A game room. A private studio. A place to create, unwind, or escape. The possibilities are wide open. Step outside and the story continues. A covered patio invites slow mornings with coffee and evenings that stretch a little longer than planned. The fully fenced backyard offers space to run, play, and breathe. With a two car garage, full gutters, and proximity to Halsey Park, the home balances beauty with practicality in all the right ways. And just minutes away, the energy of Leander’s Northline district continues to rise with dining, shopping, and entertainment that keeps life moving. 1721 Erie Drive is more than a home. It is a shift in how you live. A place where space, style, and serenity come together without compromise. And once you experience it, nothing else feels quite the same.

At $218/sqft, this home is 9% 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

1721 Erie Dr, Leander, TX 78641

Property Details

Price $520,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 2,386 sqft
Lot Size 0.19 acres (8,450.64 sqft)
Year Built 2017
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Savanna Ranch Sec 4
County Williamson
Zip Code 78641
$/sqft $218/sqft
Days on Market ,
HOA $70/Monthly
Annual Tax Est. $8,735.89
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT219227128
List Date February 13, 2026
Elementary School Jim Plain
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 →

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 · February 13, 2026 $530,000
Current ask $520,000
Reduced $10,000 (-1.9%) 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
609 Jess Maynard Trl
Northside Meadows
$515,000 $209 4 bd / 3 ba 2,464 sqft , 2026-07-05
1017 Tabernash Dr
Savanna Ranch
$499,995 $172 3 bd / 3 ba 2,901 sqft , 2026-05-15
1100 Deer Rim Rd
Deerbrooke
$499,000 $208 4 bd / 3 ba 2,397 sqft , 2026-07-07
941 Teeler Ln
South Brook
$479,950 $169 5 bd / 4 ba 2,837 sqft , 2026-06-17
1601 Harrongton Way
Homestead Ph 1
$479,000 $180 3 bd / 3 ba 2,659 sqft , 2026-07-17

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
$2,496/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
$104,000
20% conventional investment loan

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

Estimated Gross Rent+$2,496
Principal + Interest−$2,838
Property Tax (~2.1% TX avg)−$910
Insurance (~0.5%)−$217
Est. Monthly Cash Flow $-1,469

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 July 29, 2026.

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