Active Listing  ·  14 days on market

234 Freeman Ranch St

Leander, TX 78641
$360,000
3 Bed 2 Bath 1,683 sqft $214/sqft Built 2019 0.15 acres 2-Car Garage Pool Larkspur

Welcome to this beautifully maintained one-story home featuring an inviting open floorplan, spacious living areas, and an exceptional outdoor retreat. Limestone and brick accents create charming curb appeal, while the private entrance, attached garage, and concrete driveway add everyday convenience. Inside, rich hardwood floors flow through the main living areas, where a cozy fireplace creates a warm focal point. The open kitchen features granite and stone countertops, a center island, breakfast bar, pantry, gas cooking, stainless steel appliances, recessed lighting, and high ceilings, making it ideal for everyday living and entertaining. The generously sized extended primary bedroom features a window with a clear view of the backyard, creating a bright and relaxing private retreat. The primary bath includes a double vanity, stone counters, and ceramic tile flooring. Two additional bedrooms provide flexibility for guests, work, or hobbies. Outside, enjoy the large extended covered patio with ceiling fan and patio misters, perfect for relaxing or entertaining in the Texas sunshine. The spacious, fully fenced backyard offers plenty of room to play, garden, or unwind. With only five houses on the street and great neighbors, this home offers a welcoming community feel that is hard to find.

At $214/sqft, this home is 10% 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

234 Freeman Ranch St, Leander, TX 78641

Property Details

Price $360,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,683 sqft
Lot Size 0.15 acres (6,625.48 sqft)
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Larkspur
County Williamson
Zip Code 78641
$/sqft $214/sqft
Days on Market ,
HOA $60/Monthly
Annual Tax Est. $9,304.29
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246151655
List Date September 9, 2026
Elementary School Jim Plain
Middle School Knox Wiley
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.

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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
117 Deserti Rd
WILDLEAF
$360,000 $184 3 bd / 3 ba 1,952 sqft , 2026-04-15
152 Fire Wheel Pass
Orchard Ridge
$365,000 $168 4 bd / 3 ba 2,170 sqft , 2026-09-08
169 Mayney Ln
Larkspur
$368,000 $179 3 bd / 3 ba 2,057 sqft , 2026-05-28
193 Fluttermill Loop
Orchard Ridge
$350,000 $179 3 bd / 3 ba 1,956 sqft , 2026-09-14
136 Fire Wheel Pass
Orchard Ridge
$348,000 $182 4 bd / 2 ba 1,909 sqft , 2026-07-20

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
$1,728/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
$72,000
20% conventional investment loan

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

Estimated Gross Rent+$1,728
Principal + Interest−$1,965
Property Tax (~2.1% TX avg)−$630
Insurance (~0.5%)−$150
Est. Monthly Cash Flow $-1,017

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

More Luxury Homes in Leander

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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 September 12, 2026.

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