Active Listing  ·  66 days on market

2217 Cactus Valley Dr

Leander, TX 78641
$638,000
5 Bed 6 Bath 3,935 sqft $162/sqft Built 2015 0.17 acres 3-Car Garage Pool Hazlewood Sub Ph 3

Stunning East / North East Facing Greenbelt Home with 5 Bedrooms, Media Room & 3-Car Garage

Welcome to an exceptional residence offering perfect balance of elegance, functionality, convenience in one of Leander's highly desirable communities.

Situated on a premium greenbelt lot, The home's desirable east-facing orientation allows for abundant morning sunlight and comfortable outdoor enjoyment throughout the day.

The dedicated media room provides a versatile space for movies, gaming, sports viewing, or other entertainment activities. Upstairs, a private balcony offers an additional outdoor retreat where residents can relax and take in the surrounding views.

Outdoor living is enhanced by the fully extended covered patio, creating an ideal setting for outdoor dining, entertaining, or simply enjoying the peaceful greenbelt backdrop.

A spacious 3-car garage offers ample room for vehicles, storage, and hobby space, adding convenience and functionality to daily living.

Ideally located near the Ronald Reagan Boulevard corridor, this home provides convenient access to shopping, dining, healthcare facilities, parks, and recreation.

The property is located within Leander Independent School District (LISD). Buyers should independently verify schools, attendance boundaries, enrollment eligibility, and all education-related information.

All information contained herein, including but not limited to property features, facing, measurements, square footage, lot size, taxes, schools, restrictions, and community information, is deemed reliable but not guaranteed. Buyers are advised to independently verify all information important to their purchase decision.

This attractive home combines a premium greenbelt setting, east-facing orientation, spacious floor plan, media room, balcony, extended covered patio, and 3-car garage, presenting a compelling opportunity in today's Leander market. Contact the listing agent for additional details and a private tour.

At $162/sqft, this home is 32% below the Leander active market average of $239/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2217 Cactus Valley Dr, Leander, TX 78641

Property Details

Price $638,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths 2
Living Area 3,935 sqft
Lot Size 0.17 acres (7,540.24 sqft)
Year Built 2015
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Hazlewood Sub Ph 3
County Williamson
Zip Code 78641
$/sqft $162/sqft
Days on Market ,
HOA $60/Monthly
Annual Tax Est. $11,487
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT235610902
List Date June 11, 2026
Elementary School Akin
Middle School Knox Wiley
High School Rouse
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 · June 11, 2026 $639,000
Current ask $638,000
Reduced $1,000 (-0.2%) 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
2113 Manada Trl
Caballo Ranch Sec 3
$659,000 $244 4 bd / 3 ba 2,702 sqft , 2026-05-19
2237 Cactus Valley Dr
Hazelwood Sub Ph 3
$614,000 $187 5 bd / 4 ba 3,283 sqft , 2026-07-01
2509 Etta May Ln
Hazlewood Sub Ph 4A
$575,000 $162 5 bd / 4 ba 3,539 sqft , 2026-07-23
1924 Granite Springs Rd
Cold Spgs Sec 01
$525,000 $162 5 bd / 4 ba 3,250 sqft , 2026-07-09
1749 CACTUS MOUND Dr
Cold Springs
$499,900 $182 4 bd / 3 ba 2,754 sqft , 2026-07-16

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
$3,062/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
$127,600
20% conventional investment loan

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

Estimated Gross Rent+$3,062
Principal + Interest−$3,482
Property Tax (~2.1% TX avg)−$1,117
Insurance (~0.5%)−$266
Est. Monthly Cash Flow $-1,803

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 7, 2026.

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