Active Listing  ·  55 days on market

1724 River Plateau Dr

Leander, TX 78641
$419,397
4 Bed 3 Bath 2,429 sqft $173/sqft Built 2026 0.25 acres 2-Car Garage Pool River Bluff

Discover the perfect blend of comfort and functionality in this captivating, two-story home, which showcases an open floor plan with luxury vinyl plank flooring and a spacious great room for entertaining. The kitchen impresses with flat-panel upper cabinets, stylish backsplash, a gas range and Silestone® countertops in Lyra. Upstairs, a versatile game room awaits. The primary bedroom provides a relaxing escape with plush carpeting, a walk-in closet and connecting bath that offers a dual-sink vanity, tile flooring, relaxing tub and luxurious separate walk-in shower. Additional highlights include a smart thermostat, Sherwin-Williams® interior paint, modern Moen® fixtures and ceiling fans at great room and primary bedroom. Step outside to enjoy the covered back patio.

At $173/sqft, this home is 27% below the Leander active market average of $237/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1724 River Plateau Dr, Leander, TX 78641

Property Details

Price $419,397
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,429 sqft
Lot Size 0.25 acres (11,029.39 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision River Bluff
County Williamson
Zip Code 78641
$/sqft $173/sqft
Days on Market ,
HOA $900/Annually
Annual Tax Est. $2,069.96
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241759665
List Date July 30, 2026
Elementary School Rancho Sienna
Middle School Liberty Hill (Liberty Hill)
High School Liberty Hill
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 · July 30, 2026 $426,397
Previous ask $424,397
Current ask $419,397
Reduced $7,000 (-1.6%) 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
2204 Bonavista Way
Palmera Ridge
$419,900 $191 3 bd / 3 ba 2,199 sqft , 2026-07-09
2224 Bonavista Way
Palmera Ridge Sec 4
$415,000 $222 3 bd / 2 ba 1,867 sqft , 2026-09-01
4328 Rockbrook Farms Ln
LIVELY RANCH
$424,900 $204 4 bd / 2 ba 2,081 sqft , 2026-04-16
113 Corbin Ave
Rancho Sienna
$424,999 $197 3 bd / 3 ba 2,152 sqft , 2026-07-30
132 Vino Rossi Rd
Rancho Sienna Sec 18B
$425,000 $207 3 bd / 2 ba 2,050 sqft , 2026-07-22

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
$2,013/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
$83,879
20% conventional investment loan

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

Estimated Gross Rent+$2,013
Principal + Interest−$2,289
Property Tax (~2.1% TX avg)−$734
Insurance (~0.5%)−$175
Est. Monthly Cash Flow $-1,185

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 September 11, 2026.

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