Active Listing  ·  142 days on market

18405 Angel Valley Dr

Leander, TX 78641
$995,000
4 Bed 3 Bath 2,945 sqft $338/sqft Built 1998 15.10 acres 4-Car Garage Pool Waterfront Lonesome Valley Sec 01

Tucked into the Texas Hill Country just 35 minutes from Austin, this private 15-acre property sits in a secluded valley along Big Sandy Creek, offering rolling hills, mature oaks, and exceptional natural beauty. Located at the end of a gated acreage community and accessed by a private drive, the property provides rare privacy while remaining just 10 minutes from major shopping, dining, and 183A Toll Road.

Offered at land value, the existing approximately 2,945 sq ft single-story home (4 bed, 3 bath) was previously flood-affected and taken to the studs, creating a unique opportunity to rebuild or customize. Pre-flood interior and exterior photos are included for reference only to illustrate prior layout and potential. Additional improvements include an approximately 1,461 sq ft shop.

The land is under an Agriculture/Wildlife Exemption managed by Plateau Wildlife Management and has recently operated as a working flower farm with wildflower fields, organic gardens, fruit trees, greenhouses, chicken coops, and open pasture, and is also well suited for equestrian use. Utilities are in place, including Pedernales Electric Cooperative service, a multi-generational well with a new pump (2024), and a 5,000-gallon holding tank (2021).

Outdoor features include a 40,000-gallon natural swimming pond with wetland filtration (installed 2021; flood affected) and an eco-gravity septic system with approved expansion plans and permit valid for seven years.

A rare opportunity to create a private Hill Country retreat with water, wildlife, and infrastructure already in place, just minutes from the conveniences of Austin.

At $338/sqft, this home is priced 40% 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

18405 Angel Valley Dr, Leander, TX 78641

Property Details

Price $995,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,945 sqft
Lot Size 15.10 acres (657,886.68 sqft)
Year Built 1998
Garage 4 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lonesome Valley Sec 01
County Travis
Zip Code 78641
$/sqft $338/sqft
Days on Market ,
HOA $450/Annually
Annual Tax Est. ,
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT222311837
List Date March 15, 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
22303 Honeycomb Ln
Honeycomb Hills / Roundmountain Oaks
$995,000 $327 4 bd / 3 ba 3,041 sqft , 2025-10-05
1600 Whiskey Ct
Fairways At Crystal Falls
$995,000 $264 5 bd / 5 ba 3,767 sqft , 2026-07-01
7212 Celebration Ct
The Hollows
$998,000 $260 4 bd / 5 ba 3,837 sqft , 2026-06-18
3621 White Rosemary Rd
Wildspring - Grove Collection
$999,000 $256 5 bd / 6 ba 3,900 sqft , 2026-03-10
1433 Indigo Bush Ln
Wildspring - Grove Collection
$999,000 $263 4 bd / 5 ba 3,800 sqft , 2026-03-24

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
$4,776/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
$199,000
20% conventional investment loan

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

Estimated Gross Rent+$4,776
Principal + Interest−$5,430
Property Tax (~2.1% TX avg)−$1,741
Insurance (~0.5%)−$415
Est. Monthly Cash Flow $-2,810

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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