Active Listing  ·  138 days on market

17511 E Darleen Dr

Leander, TX 78641
$450,000
3 Bed 2 Bath 1,604 sqft $281/sqft Built 1990 0.79 acres Pool Waterfront Trails End

Lake views within your budget! This charming lake house can be your tranquil home base, or a peaceful home away from home. You'll love the bright and open feel of the kitchen and main living areas, with glimpses of water peaking through all of the back windows. A sun room off the living room gives an additional sitting area to enjoy the feel of nature all around you. Upstairs, you'll find a loft bonus room perfect for a home office or craft area. Fresh interior paint in March 2026! Auxiliary building provides 200+ additional square feet of conditioned space for a media room, exercise studio, or guest accommodations. Concrete pads provide level parking for 2 cars and a boat. And just less than a mile down the road, you'll find a gated community park exclusive to residents of the Trails End Voluntary HOA. Dues of only $150/year give access to a private boat ramp, fishing dock, outdoor kitchen, picnic areas, fire pit, playground, and park areas with panoramic views of Lake Travis. All of these at a great price that offers functionality now, and room to renovate and make it your own.

At $281/sqft, this home is priced 17% 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

17511 E Darleen Dr, Leander, TX 78641

Property Details

Price $450,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,604 sqft
Lot Size 0.79 acres (34,617.13 sqft)
Year Built 1990
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Trails End
County Travis
Zip Code 78641
$/sqft $281/sqft
Days on Market ,
HOA $150/Annually
Annual Tax Est. $8,304.85
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT223025618
List Date March 19, 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
941 Del Raphael Dr
Palmera Ridge
$450,000 $219 3 bd / 2 ba 2,052 sqft , 2026-06-02
1301 Low Branch Ln #5
Cottages At Deerbrooke
$449,900 $223 3 bd / 3 ba 2,015 sqft , 2025-04-02
1953 Arbuckle Dr
BAR W RANCH
$449,740 $302 3 bd / 2 ba 1,489 sqft , 2026-05-26
2301 Spokane Dr
Cedar Brook
$444,990 $242 3 bd / 3 ba 1,842 sqft , 2026-07-14
4509 Lucabella Ln
Travisso - Capri Collection
$459,000 $220 3 bd / 2 ba 2,090 sqft , 2026-05-18

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
$2,160/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
$90,000
20% conventional investment loan

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

Estimated Gross Rent+$2,160
Principal + Interest−$2,456
Property Tax (~2.1% TX avg)−$788
Insurance (~0.5%)−$188
Est. Monthly Cash Flow $-1,272

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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