Active Listing  ·  12 days on market

200 Seminole Rd

Leander, TX 78641
$299,000
3 Bed 2 Bath 1,647 sqft $182/sqft Built 1984 0.32 acres Pool Timberline West Sec 2

Welcome to 200 Seminole Rd in Leander! Situated on a spacious .315-acre lot with NO HOA, this property offers room, flexibility, and plenty of potential. The home features two living areas, providing versatile space for entertaining, a game room, home office, or additional gathering area. Additional parking provides space for an RV, boat, or extra vehicles. In the additional parking area there is an RV 220v and Sewer connection available. Two storage sheds convey with the property, and all appliances, including the washer and dryer, can convey. The foundation was recently re-leveled, and the property is being sold as-is. Conveniently located in Leander with easy access to shopping, dining, and major roadways. Bring your ideas and make this one your own!

At $182/sqft, this home is 23% below the Leander active market average of $237/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

200 Seminole Rd, Leander, TX 78641

Property Details

Price $299,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,647 sqft
Lot Size 0.32 acres (13,721.4 sqft)
Year Built 1984
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Timberline West Sec 2
County Williamson
Zip Code 78641
$/sqft $182/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $5,874
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245832832
List Date September 11, 2026
Elementary School Knowles
Middle School Running Brushy
High School Leander High
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
2402 Susan Ln
Settlement/Block Hse Crk Sec 0
$298,990 $219 3 bd / 2 ba 1,368 sqft , 2026-06-30
609 Golden Gate Dr
Horizon Park Sec 6
$299,990 $176 3 bd / 2 ba 1,701 sqft , 2026-07-10
710 Ruby Isle Dr
County Glen Sec 03
$304,900 $250 3 bd / 2 ba 1,222 sqft , 2026-04-24
1805 Bent Oak Cv
Mason Creek Sec 01
$305,000 $238 3 bd / 2 ba 1,279 sqft , 2026-08-07
800 Lost Pines Ln
Cedar Park Towncenter
$305,000 $170 3 bd / 3 ba 1,796 sqft , 2026-09-01

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
$1,435/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
$59,800
20% conventional investment loan

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

Estimated Gross Rent+$1,435
Principal + Interest−$1,632
Property Tax (~2.1% TX avg)−$523
Insurance (~0.5%)−$125
Est. Monthly Cash Flow $-845

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 September 21, 2026.

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