Active Listing  ·  303 days on market

22303 Honeycomb Ln

Leander, TX 78641
$995,000
4 Bed 3 Bath 3,041 sqft $327/sqft Built 1981 5.39 acres 3-Car Garage Pool Honeycomb Hills / Roundmountain Oaks

Leander COUNTRY LIVING, 5.39 acres in Honeycomb Hills, PRETTY PROPERTY, Get AWAY FROM TOWN while being CLOSE IN, HILL COUNTRY VIEWS. WELL-SUITED FOR A BUSINESS, currently operating storage rental lot facing Honeycomb Dr. CAN BE SUBDIVIDED. No HOA. Has been appraised. Beautiful corner acreage w plenty of room to build another home, business facility, or barns. Opposite corner from current home, w gated access, is suited for business location or ADDITIONAL home construction site. NEW WELL, NEW ROOF. No city taxes. Bring your horses, cows, chickens. View the impressive hills from your huge back porch! Private location, yet easy access. Spectacular views from every window! 4 bd-3ba ranch-style, modern updates. Many live oaks, red oaks, & 40' Monterrey oaks, and seasonal creek! Stone pathway, and charming front porch. Beautiful living area w massive exposed pine beams, abundant natural light throughout. Open concept. Bonus room with impressive views, perfect for a home office, study, creative space or, with adjacent bath, another bedroom. A second living area is attached to the primary through french doors. The primary bedroom: big beautiful wooded landscape and wildlife from its 4 windows and corner location, bath with granite countertops and a double barrier free shower. The other bedrooms have sliding barn door closets. FROG, 17'x32' bonus, bedroom loft, plumbed for 4th bath, with dormers and views, over the full, 24'x32', 3 car detached garage and work area. Out back entertain on the big, covered 36'X14'deck overlooks the creek bed and heavily treed hill country. Ethernet, Spectrum Internet.

At $327/sqft, this home is priced 36% above the Leander active market average of $241/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

22303 Honeycomb Ln, Leander, TX 78641

Property Details

Price $995,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 3,041 sqft
Lot Size 5.39 acres (234,657.72 sqft)
Year Built 1981
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Honeycomb Hills / Roundmountain Oaks
County Travis
Zip Code 78641
$/sqft $327/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,659
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT208502014
List Date October 5, 2025
Elementary School Bagdad
Middle School Leander Middle
High School Glenn
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 →

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
18405 Angel Valley Dr
Lonesome Valley Sec 01
$995,000 $338 4 bd / 3 ba 2,945 sqft , 2026-03-15
1600 Whiskey Ct
Fairways At Crystal Falls
$995,000 $264 5 bd / 5 ba 3,767 sqft , 2026-07-01
7212 Celebration Ct
The Hollows
$998,000 $260 4 bd / 5 ba 3,837 sqft , 2026-06-18
3621 White Rosemary Rd
Wildspring - Grove Collection
$999,000 $256 5 bd / 6 ba 3,900 sqft , 2026-03-10
1433 Indigo Bush Ln
Wildspring - Grove Collection
$999,000 $263 4 bd / 5 ba 3,800 sqft , 2026-03-24

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
$4,776/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
$199,000
20% conventional investment loan

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

Estimated Gross Rent+$4,776
Principal + Interest−$5,430
Property Tax (~2.1% TX avg)−$1,741
Insurance (~0.5%)−$415
Est. Monthly Cash Flow $-2,810

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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