Active Listing  ·  46 days on market

2237 Cactus Valley Dr

Leander, TX 78641
$614,000
5 Bed 4 Bath 3,283 sqft $187/sqft Built 2015 0.17 acres 2-Car Garage Pool Hazelwood Sub Ph 3

Amazing opportunity to own a spacious and light-filled home in the Hazelwood community. Located in the great LISD school district. This beautifully designed residence features soaring high ceilings and an open floor plan perfect for entertaining. The kitchen seamlessly opens to the living and dining areas, making it the heart of the home. The workstation is perfect for a working-from-home situation. The three bedrooms upstairs have a game room to enjoy. On the main floor, you will find the principal bedroom and an additional bedroom with a full bath, perfect for guests. This home is situated in a premium lot that backs to the greenbelt. Don't miss it. Enjoy evenings listening to the water fountain running.

At $187/sqft, this home is 22% 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

2237 Cactus Valley Dr, Leander, TX 78641

Property Details

Price $614,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths ,
Living Area 3,283 sqft
Lot Size 0.17 acres (7,479.25 sqft)
Year Built 2015
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Hazelwood Sub Ph 3
County Williamson
Zip Code 78641
$/sqft $187/sqft
Days on Market ,
HOA $60/Monthly
Annual Tax Est. $11,328.98
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238058757
List Date July 1, 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.

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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
2217 Cactus Valley Dr
Hazlewood Sub Ph 3
$638,000 $162 5 bd / 6 ba 3,935 sqft , 2026-06-11
2509 Etta May Ln
Hazlewood Sub Ph 4A
$575,000 $162 5 bd / 4 ba 3,539 sqft , 2026-07-23
2113 Manada Trl
Caballo Ranch Sec 3
$659,000 $244 4 bd / 3 ba 2,702 sqft , 2026-05-19
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
$2,947/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
$122,800
20% conventional investment loan

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

Estimated Gross Rent+$2,947
Principal + Interest−$3,351
Property Tax (~2.1% TX avg)−$1,075
Insurance (~0.5%)−$256
Est. Monthly Cash Flow $-1,735

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 July 11, 2026.

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