Active Listing  ·  35 days on market

1948 ALASIO Dr

Leander, TX 78641
$675,000
4 Bed 5 Bath 3,563 sqft $189/sqft Built 2024 0.15 acres 2-Car Garage Pool TRAVISSO

Welcome to this beautifully appointed, like-NEW condition 2024-built home in the highly desirable Travisso community, offering modern style, thoughtful upgrades, and a private setting backing to greenspace. Inside, white-oak-toned luxury vinyl plank flooring creates a warm, contemporary feel throughout the main living areas. Featuring 2 Primary Suites (1 up, 1 down) in a functional floorplan layout with 2 bedrooms/2.5 baths downstairs and 2 beds/2 baths upstairs.

The gorgeous chef’s kitchen is designed to impress, featuring quartz countertops, a stylish tiled backsplash, stainless steel built-in appliances, water purifier, water softener, and elegant glass-front cabinetry. Custom curtains add a polished designer touch throughout the home. A dedicated office with glass-insert doors provides a private and sophisticated space for working from home.

Step outside to enjoy a generously sized backyard that backs to greenspace, creating a peaceful sense of privacy that is hard to find. Take in the day while sitting in your recessed, covered patio perfect to grill or sit and relax and look out into your mini forest. With no immediate rear neighbors, the outdoor space is ideal for relaxing, entertaining, or enjoying the natural surroundings. Decorative, built-in Govee outdoor lights illuminate your property at night. An upgraded, epoxied garage floor gives a clean look to your garage.

Travisso offers an exceptional resort-style amenity package, including multiple clubhouses and community pools, a splash pad, yoga studio, sport courts, two bocce ball courts, a large outdoor playscape, pond area, indoor and outdoor recreation spaces, fitness center, extensive trail systems, and more.

A beautiful newer home with designer finishes, a private greenspace backdrop, and an impressive collection of community amenities—this Travisso property offers the lifestyle you've been looking for.

At $189/sqft, this home is 18% below the Leander active market average of $230/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1948 ALASIO Dr, Leander, TX 78641

Property Details

Price $675,000
Status Active Listing
Beds 4
Full Baths 4
Half Baths 1
Living Area 3,563 sqft
Lot Size 0.15 acres (6,499.15 sqft)
Year Built 2024
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision TRAVISSO
County Travis
Zip Code 78641
$/sqft $189/sqft
Days on Market ,
HOA $540/Semi-Annually
Annual Tax Est. $16,956
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249251569
List Date October 8, 2026
Elementary School CC Mason
Middle School Running Brushy
High School Cedar Park
School District Leander ISD

Leander ISD

CC Mason · Running Brushy · Cedar Park

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 · October 8, 2026 $685,000
Current ask $675,000
▼ Reduced $10,000 (-1.5%) 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
5217 La Spezia Way
Travisso
$675,045 $229 4 bd / 3 ba 2,942 sqft , 2026-09-24
1328 Novara Trl
Travisso
$696,613 $216 5 bd / 4 ba 3,229 sqft , 2026-06-15
5213 La Spezia Way
Travisso - Siena Collection
$699,000 $222 4 bd / 4 ba 3,154 sqft , 2026-07-15
1928 Varese Path
Travisso Ph 4 Sec 6A
$700,000 $218 4 bd / 4 ba 3,204 sqft , 2026-03-18
1716 Siena Sunset Rd
Travisso - Siena Collection
$725,000 $273 3 bd / 4 ba 2,658 sqft , 2026-09-29

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
$3,240/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
$135,000
20% conventional investment loan

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

Estimated Gross Rent+$3,240
Principal + Interest−$3,684
Property Tax (assumed ~2.1%)−$1,181
Insurance (assumed ~0.5%)−$281
Est. Monthly Cash Flow $-1,906

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 · 41 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. The written content was last updated on November 5, 2026.

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

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