About This Home

Welcome to your new home! Close to schools, shopping, New Costco, HEB and Target, easy access to 183 A, fabulous schools in the Leander ISD school district and so much more in the desirable Larkspur neighborhood. This beautiful 4-bedroom, 2.5-bath home features soaring ceilings and incredible natural light throughout. This open floorplan is an entertainers dream. Enjoy your evening in the large living room while the kids are upstairs playing in the game room. This is the perfect home for a large family!!!

At $167/sqft, this home is 30% 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

212 Yoakum St, Leander, TX 78641

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Property Details

Price $399,900

Status Active Listing

Beds 4

Full Baths 2

Half Baths 1

Living Area 2,393 sqft

Lot Size 0.12 acres (5,009.4 sqft)

Year Built 2020

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Larkspur

County Williamson

Zip Code 78641

$/sqft $167/sqft

Days on Market ,

HOA $60/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT232727362

List Date June 5, 2026

Elementary School Larkspur

Middle School Danielson

High School Glenn

School District ,

Have Questions About This Property?

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 · June 5, 2026 $415,000

Current ask $399,900

▼ Reduced $15,100 (-3.6%) 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

2224 Nightjar Song Dr
Bar W Ranch West Ph 4 $399,900 $248 3 bd / 2 ba 1,615 sqft , 2026-05-29

429 Rusk Bluff Ave
Larkspur $399,900 $141 5 bd / 3 ba 2,843 sqft , 2026-07-08

1921 Arbuckle Dr
BAR W RANCH $399,990 $180 4 bd / 3 ba 2,223 sqft , 2026-05-26

1945 Arbuckle Dr
BAR W RANCH $399,990 $180 4 bd / 3 ba 2,223 sqft , 2026-08-06

121 Mountain Sage Loop
Orchard Ridge $399,999 $159 4 bd / 3 ba 2,517 sqft , 2026-04-19

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

$1,920/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

$79,980

20% conventional investment loan

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

Estimated Gross Rent+$1,920

Principal + Interest−$2,182

Property Tax (~2.1% TX avg)−$700

Insurance (~0.5%)−$167

Est. Monthly Cash Flow $-1,129

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 →

About the Author

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 1, 2026.

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

212 Yoakum St

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Leander, TX

More Luxury Homes in Leander

212 Yoakum St

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Leander, TX

More Luxury Homes in Leander

Explore Austin Real Estate