Active Listing  ·  80 days on market

2429 Adriel Cv

Leander, TX 78641
$699,000
4 Bed 3 Bath 3,026 sqft $231/sqft Built 2018 0.27 acres 3-Car Garage Pool Palmera Rdg Sec 1

Backing to the neighborhood park and greenbelt at the end of a quiet cul-de-sac, this beautifully maintained Palmera Ridge home pairs expansive single-story living with peaceful views and everyday convenience. Mature trees, colorful landscaping, and classic brick masonry create standout curb appeal, while the 3-car tandem garage offers space for extra parking, storage, or a workshop. Major energy savings with Solar Panels and a Tesla home battery (~$40K upgrade), along with full insulation throughout.

Inside, more than 3,000 sq ft gives everyone room to spread out with multiple living areas and flexible spaces that adapt to your needs. Hardwood floors, tall ceilings, plantation shutters, graceful archways, and oversized windows fill the home with natural light. The living room centers around a gas fireplace and flows into the dining areas and island kitchen featuring quartz countertops, built-in stainless appliances, white cabinetry, and generous bar seating.

Two flexible use bonus living area include a home office and media room currently used as the library, which can easily be converted back. The primary suite is peacefully secluded alongside a bonus office nook and comes with beautiful bay windows and an ensuite bathroom complete with a walk-in closet. Three additional secondary bedrooms and two full bathrooms provide space for family and guests.

The backyard is made for unwinding with a covered porch, flagstone patio, lush lawn, and views of the community pond and park. The neighborhood pool, playground, and walking trails are just beyond the stone wall fence, putting Palmera Ridge's best amenities just steps away.

With acclaimed Leander ISD schools, shopping, dining, medical services, and quick access to 183 all nearby, this move-in-ready home delivers the space, setting, and lifestyle that make it worth leaving the city. Come experience everything this remarkable Palmera Ridge home has to offer today.

At $231/sqft, this home is priced in line with the Leander market average of $236/sqft across 606 active listings. View Austin market report →

Location

2429 Adriel Cv, Leander, TX 78641

Property Details

Price $699,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 3,026 sqft
Lot Size 0.27 acres (11,761.2 sqft)
Year Built 2018
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Palmera Rdg Sec 1
County Williamson
Zip Code 78641
$/sqft $231/sqft
Days on Market ,
HOA $50/Monthly
Annual Tax Est. $15,015.41
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241909508
List Date August 4, 2026
Elementary School Tarvin
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.

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 · August 4, 2026 $725,000
Current ask $699,000
▼ Reduced $26,000 (-3.6%) 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
2332 Airport Dr
Palmera Ridge
$699,000 $241 4 bd / 4 ba 2,903 sqft , 2026-08-28
2913 Wind River Trl
Bluffview Reserve
$699,900 $180 5 bd / 4 ba 3,884 sqft , 2026-06-08
2345 Airport Dr
Palmera Rdg Sec 11
$689,000 $223 5 bd / 3 ba 3,085 sqft , 2026-09-25
1416 Francesca Arden Way
Palmera Bluff
$709,950 $250 4 bd / 4 ba 2,843 sqft , 2026-07-22
2520 Carretera Dr
Palmera Ridge
$724,990 $214 4 bd / 3 ba 3,381 sqft , 2025-10-03

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
$3,355/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
$139,800
20% conventional investment loan

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

Estimated Gross Rent+$3,355
Principal + Interest−$3,815
Property Tax (~2.1% TX avg)−$1,223
Insurance (~0.5%)−$291
Est. Monthly Cash Flow $-1,974

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 18, 2026.

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