Active Listing  ·  256 days on market

204 Cupreata Ln

Leander, TX 78641
$399,000
4 Bed 3 Bath 2,592 sqft $154/sqft Built 2021 0.13 acres 2-Car Garage Pool WILDLEAF

If you’ve been searching for a home that feels more curated than builder grade, this Wildleaf gem delivers style, comfort, and thoughtful upgrades throughout.

A long entryway creates a sense of privacy from the front door, leading into a light-filled open living space where the wide staircase and airy layout make an immediate impression. The floorplan flows naturally, offering flexibility for entertaining, work-from-home needs, or comfortable family living.

Design details throughout the home add personality, including colorful kitchen cabinetry, accent paneling on the kitchen island, updated fixtures, LED plant lighting with shelving, and custom storage in the primary closet. A built-in bookshelf in the bedroom, turned study, adds both charm and function, while the in-ground pergola creates a unique outdoor space to relax or gather with loved ones.

The finishes feel fresh, inviting, and move-in ready.

Located in the growing Wildleaf community of Leander; West of Santa Rita Ranch, North of Larkspur neighborhoods. The home offers convenient access to major roadways including 183 and the tollway. Nearby amenities continue to expand. H-E-B is just minutes away, as well as major retailers Costco and Target opening across the street, making this an area with exciting growth ahead.

For buyers considering nearby new construction, this home offers something special—character, thoughtful upgrades, and a move-in ready feel, without the premium.

Priced to sell! Schedule your showing and experience the space in person.

At $154/sqft, this home is 35% 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

204 Cupreata Ln, Leander, TX 78641

Property Details

Price $399,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,592 sqft
Lot Size 0.13 acres (5,532.12 sqft)
Year Built 2021
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision WILDLEAF
County Williamson
Zip Code 78641
$/sqft $154/sqft
Days on Market ,
HOA $201/Quarterly
Annual Tax Est. $9,137.33
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT215494539
List Date January 10, 2026
Elementary School Bill Burden
Middle School Liberty Hill Middle
High School Liberty Hill
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 · January 10, 2026 $450,000
Previous ask $410,000
Current ask $399,000
Reduced $51,000 (-11.3%) 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
121 Mountain Sage Loop
Orchard Ridge
$399,999 $159 4 bd / 3 ba 2,517 sqft , 2026-04-19
125 Cupreata Ln
Wildleaf
$386,000 $165 4 bd / 3 ba 2,345 sqft , 2026-04-02
229 Majestic Cedar Dr
Highland Mdws Ph 2D
$415,000 $174 4 bd / 4 ba 2,388 sqft , 2026-07-28
309 Lewisville Ln
Caughfield Ph 1
$379,426 $184 3 bd / 2 ba 2,057 sqft , 2026-07-29
120 Northern Harrier Ct
Summerlyn
$425,000 $144 5 bd / 3 ba 2,958 sqft , 2026-08-06

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
$1,915/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
$79,800
20% conventional investment loan

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

Estimated Gross Rent+$1,915
Principal + Interest−$2,178
Property Tax (~2.1% TX avg)−$698
Insurance (~0.5%)−$166
Est. Monthly Cash Flow $-1,127

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 4, 2026.

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