Active Listing  ·  171 days on market

17706 N Rim Dr

Leander, TX 78641
$825,000
4 Bed 5 Bath 3,534 sqft $233/sqft Built 1993 2.40 acres 3-Car Garage Pool North Rim

HILL COUNTRY VIEWS - LARGE LOT - 2 FIREPLACES - GREAT BONUS ROOM

Hill Country living on 2.4 acres with sweeping valley views.

Situated on a rare corner lot totaling 2.402 acres, this spacious 4-bedroom, 3 full bath, 2 half bath home with 3,674 sq ft offers privacy, space, and the kind of setting people move to the Hill Country for.

The property is filled with mature trees, vibrant flowers, and a charming grape arbor, creating a peaceful outdoor environment that feels like your own private retreat. Trees along the back of the property have been thoughtfully trimmed to open up beautiful valley views, bringing the surrounding landscape into everyday life.

The home itself has been well cared for with major exterior upgrades, including new Hardie Plank siding for durability and fire resistance, a Class 4 hail-resistant roof, and a recent AC system. With strong bones and thoughtful updates, the home is move-in ready while still offering room to personalize.

With no HOA and over two acres of land, the possibilities for outdoor living, entertaining, gardening, or simply enjoying the quiet Hill Country setting are endless.

Despite the privacy and space, you're just minutes from major shopping and dining including H-E-B, Target, HMart, and local retail centers, with Downtown Austin approximately 30 minutes away, making it easy to enjoy city amenities while coming home to wide-open space.

A rare opportunity to own acreage, views, and convenience all in one property.

At $233/sqft, this home is 3% 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

17706 N Rim Dr, Leander, TX 78641

Property Details

Price $825,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 2
Living Area 3,534 sqft
Lot Size 2.40 acres (104,631.12 sqft)
Year Built 1993
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision North Rim
County Travis
Zip Code 78641
$/sqft $233/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,969.33
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT220020592
List Date February 26, 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 →

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 26, 2026 $1,050,000
Previous ask $890,000
Current ask $825,000
Reduced $225,000 (-21.4%) 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
2709 Villa Capri Ct
Travisso Ph 2 Sec 1M
$865,000 $340 4 bd / 4 ba 2,545 sqft , 2026-07-28
3506 Scenic Valley Dr
Misty Valley Ph 1
$749,900 $246 4 bd / 4 ba 3,043 sqft , 2026-07-31

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
$3,960/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
$165,000
20% conventional investment loan

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

Estimated Gross Rent+$3,960
Principal + Interest−$4,502
Property Tax (~2.1% TX avg)−$1,444
Insurance (~0.5%)−$344
Est. Monthly Cash Flow $-2,330

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 14, 2026.

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