Active Listing  ·  34 days on market

17412 W First St

Leander, TX 78641
$767,000
4 Bed 4 Bath 3,035 sqft $253/sqft Built 2022 0.24 acres 4-Car Garage Pool Trails End Resub 04

$30K+ INSTANT EQUITY BASED ON MOST RECENT APPRAISAL | STR FRIENDLY | IN ETJ - NO CITY TAXES | NO HOA | INCOME POTENTIAL | HUGE WORKSHOP | Modern barndominium just one block from Lake Travis featuring two separate living spaces with private entrances - perfect for multi-generational living, rental income, guest quarters, or flexible use. Backing directly to the ~138 acres of the Balcones Canyonlands Preserve, enjoy protected Hill Country views and added privacy. The oversized workshop with two roll-up doors easily accommodates RVs, boats, trailers, equipment, storage, or workspace needs. Located outside city limits in the ETJ with no city taxes and greater freedom of use. Large fenced yard, mature oak trees, move-in ready finishes, optional POA lake access, and highly rated Leander ISD schools. Easy commute to Cedar Park & Leander, close to Hill Country favorites like wineries and breweries, and backs directly to Balcones Canyonlands, which draws 25,000+ visitors a year.

At $253/sqft, this home is priced 7% above the Leander active market average of $237/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

17412 W First St, Leander, TX 78641

Property Details

Price $767,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,035 sqft
Lot Size 0.24 acres (10,550.23 sqft)
Year Built 2022
Garage 4 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Trails End Resub 04
County Travis
Zip Code 78641
$/sqft $253/sqft
Days on Market ,
HOA $150/Annually
Annual Tax Est. $7,392.39
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243303138
List Date August 19, 2026
Elementary School CC Mason
Middle School Running Brushy
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.

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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
11005 Beach Rd
Valle Verde Beach
$760,000 $260 4 bd / 4 ba 2,924 sqft , 2026-03-20
9504 Harbor Dr
Northlake Hills Sec 1 Resub Of
$825,000 $341 3 bd / 3 ba 2,419 sqft , 2026-03-13
10314 W Darleen Dr
Trails End
$919,000 $440 4 bd / 2 ba 2,088 sqft , 2025-03-28
17545 Reed Park Rd #2
VILLAS AT HARBOR MARINA CONDOMINIUM
$549,900 $247 3 bd / 3 ba 2,225 sqft , 2026-06-09

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
$3,682/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
$153,400
20% conventional investment loan

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

Estimated Gross Rent+$3,682
Principal + Interest−$4,186
Property Tax (~2.1% TX avg)−$1,342
Insurance (~0.5%)−$320
Est. Monthly Cash Flow $-2,166

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 August 21, 2026.

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