Active Listing  ·  6 days on market

2033 Portobello Rd

Leander, TX 78641
$1,425,000
5 Bed 6 Bath 4,349 sqft $328/sqft Built 2018 0.37 acres 3-Car Garage Pool Travisso

Paradise awaits at this meticulously designed Drees Custom home. Perched atop a hill on an expansive 0.37-acre lot backing to a wooded greenbelt, this home offers an extraordinary living experience inside and out with breathtaking views for miles beyond your backyard oasis. Numerous living and dining spaces offer functionality and impressive designer finishes throughout. The panoramic sliding glass doors seamlessly integrate the indoor and outdoor spaces, guiding you to the outdoor oasis, which features an incredible pool/spa, waterfall, and slide, a built-in kitchen with bar seating, a cozy fireplace, and expansive patio spaces. The manicured landscaping and elegant lighting add to its allure. At the heart of the home, the gourmet kitchen boasts high-end built-in appliances, overlooking a great room with towering ceilings and a modern fireplace. The luxurious primary suite incorporates a private living space, with an opulent ensuite featuring separate vanities, a soaking tub, a walk-in shower with dual shower heads, and a huge dream closet with a custom, built-in storage system. The main-level office, featuring panoramic windows, provides an ideal work environment, while the fourth garage space has been converted into a second office with A/C, a half bath, and a kitchenette. This home includes 2 secondary bedrooms with ensuite baths, a 4th bedroom with two closets, and a 5th bedroom currently suited for a gym with subfloor. The second level offers a lofted game room and a separate media room with a wet bar. The second-floor balcony includes motor shades and a gas fire pit, ensuring an unparalleled outdoor experience upstairs and leaving no detail overlooked. Additional features include an impressive laundry room with cabinetry, sink, and refrigerator space, and a safe room discreetly hidden behind a bookcase door. With $600k+ of interior and exterior upgrades and improvements, this luxury designer home delivers a true Hill Country, unparalleled lifestyle!

At $328/sqft, this home is priced 43% above the Leander active market average of $230/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2033 Portobello Rd, Leander, TX 78641

Property Details

Price $1,425,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths 2
Living Area 4,349 sqft
Lot Size 0.37 acres (16,186.9 sqft)
Year Built 2018
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Travisso
County Travis
Zip Code 78641
$/sqft $328/sqft
Days on Market ,
HOA $450/Semi-Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT251849641
List Date November 6, 2026
Elementary School CC Mason
Middle School Running Brushy
High School Leander High
School District Leander ISD

Leander ISD

CC Mason · Running Brushy · Leander High

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
2132 Novara Trl
Travisso
$1,425,000 $278 5 bd / 6 ba 5,124 sqft , 2026-07-10
2609 Novara Trl
Travisso - Florence Collection
$1,496,440 $294 5 bd / 6 ba 5,082 sqft , 2026-10-21
3725 Salento Cv
Travisso - Verona Collection
$1,499,000 $373 4 bd / 5 ba 4,017 sqft , 2026-07-15
1100 High Lonesome St
Grand Mesa
$1,625,000 $354 4 bd / 4 ba 4,593 sqft , 2026-02-01
1601 Coronado None
Grand Mesa At Crystal Falls
$1,195,000 $355 5 bd / 4 ba 3,370 sqft , 2026-06-07

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
$6,840/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
$285,000
20% conventional investment loan

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

Estimated Gross Rent+$6,840
Principal + Interest−$7,777
Property Tax (assumed ~2.1%)−$2,494
Insurance (assumed ~0.5%)−$594
Est. Monthly Cash Flow $-4,025

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 7, 2026.

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

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