Active Listing  ·  15 days on market

2316 Airport Dr

Leander, TX 78641
$724,990
4 Bed 4 Bath 3,421 sqft $212/sqft Built 2020 0.26 acres 2-Car Garage Pool Palmera Ridge

VIEWS! VIEWS! VIEWS! Immaculately maintained 4-bedroom, 3.5-bath home with a dedicated study, spacious game room and exceptional indoor-outdoor living. A welcoming covered front porch creates a beautiful first impression, while the private backyard backs to a lush greenbelt with mature trees. Enjoy the peaceful setting from the incredible covered patio with fireplace or the lovely upstairs covered balcony—both designed to take full advantage of the beautiful views.

Inside, the open and light-filled floor plan features luxury vinyl plank flooring throughout the main level, soaring ceilings, 8-foot doors, recessed lighting and plush carpeting in the bedrooms. The gourmet kitchen is the heart of the home, featuring quartz countertops, abundant cabinetry, a dramatic stone backsplash extending to the ceiling behind the modern stainless-steel chimney hood, wine refrigerator and generous island, all opening seamlessly to the living and dining areas.

The spacious primary suite features a luxurious bath with a modern freestanding soaking tub, oversized separate walk-in shower, dual vanities with granite countertops and a large walk-in closet. Granite countertops are featured throughout the additional baths.

The upstairs game room provides plenty of space for entertaining, relaxing or movie nights and opens to the impressive covered balcony overlooking the greenbelt. A dedicated study offers the perfect work-from-home space.

Exceptional community amenities include two clubhouses, two pools, playgrounds, dog parks and scenic hiking trails along the bluff with beautiful Hill Country views. Conveniently located just minutes from Costco, Home Depot, shopping, dining, Downtown Leander and the Northline/Leander MetroRail area, offering easy access into Austin.

Beautifully maintained, thoughtfully designed and ideally situated—this home offers the space, privacy, views and outdoor living that are increasingly hard to find.

At $212/sqft, this home is 10% below the Leander active market average of $236/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2316 Airport Dr, Leander, TX 78641

Property Details

Price $724,990
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,421 sqft
Lot Size 0.26 acres (11,430.14 sqft)
Year Built 2020
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Palmera Ridge
County Williamson
Zip Code 78641
$/sqft $212/sqft
Days on Market ,
HOA $150/Quarterly
Annual Tax Est. $16,638.6
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249017619
List Date October 8, 2026
Elementary School River Ridge
Middle School Stiles
High School Vandegrift
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
2520 Carretera Dr
Palmera Ridge
$724,990 $214 4 bd / 3 ba 3,381 sqft , 2025-10-03
2501 Costera St
Palmera Ridge
$739,500 $231 4 bd / 4 ba 3,197 sqft , 2026-02-16
1416 Francesca Arden Way
Palmera Bluff
$709,950 $250 4 bd / 4 ba 2,843 sqft , 2026-07-22
2429 Adriel Cv
Palmera Rdg Sec 1
$699,000 $231 4 bd / 3 ba 3,026 sqft , 2026-08-04
2332 Airport Dr
Palmera Ridge
$699,000 $241 4 bd / 4 ba 2,903 sqft , 2026-08-28

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
$3,480/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
$144,998
20% conventional investment loan

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

Estimated Gross Rent+$3,480
Principal + Interest−$3,957
Property Tax (~2.1% TX avg)−$1,269
Insurance (~0.5%)−$302
Est. Monthly Cash Flow $-2,048

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 October 13, 2026.

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