Active Listing  ·  16 days on market

2429 Leonards Pass

Leander, TX 78641
$499,000
4 Bed 3 Bath 2,546 sqft $196/sqft Built 2015 0.16 acres 2-Car Garage Pool Hazelwood

Rare corner lot with a green belt combined gives this beautiful 2 story home ultimate privacy and prestige. This combined feature provides open space, no direct rear neighbors and plenty of natural light. Vaulted ceiling provides great entertainment atmosphere from the living room on the main floor to the game room above. Kitchen provides wide open nook into the living room for convenient conversation with family and guests. Well positioned three bedrooms on the main floor and one bedroom on the second level are well-maintained and reside in the coveted community of Hazelwood. Explore the vibrant outdoors this family-friendly community offers, artistic pool, playgrounds and covered pavilion. Close proximity to top-rated schools, dining and shopping options. Conveniently located off Ronald Reagan Blvd in south Leander, enjoy easy access to 183, 45, 1431 and 35. Welcome to check out and make this your peaceful adobe.

At $196/sqft, this home is 18% 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

2429 Leonards Pass, Leander, TX 78641

Property Details

Price $499,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,546 sqft
Lot Size 0.16 acres (7,122.06 sqft)
Year Built 2015
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Hazelwood
County Williamson
Zip Code 78641
$/sqft $196/sqft
Days on Market ,
HOA $60/Monthly
Annual Tax Est. $9,945.02
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241757786
List Date July 31, 2026
Elementary School Akin
Middle School Stiles
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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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 · July 31, 2026 $499,000
Previous ask $512,000
Current ask $499,000
Increased , (+0.0%) 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
1749 CACTUS MOUND Dr
Cold Springs
$499,900 $182 4 bd / 3 ba 2,754 sqft , 2026-07-16
2625 Bowen St
Hazlewood Sub Ph 4B
$474,900 $172 4 bd / 3 ba 2,757 sqft , 2026-07-15
1924 Granite Springs Rd
Cold Spgs Sec 01
$525,000 $162 5 bd / 4 ba 3,250 sqft , 2026-07-09
1673 Turtle Bay Loop
CRYSTAL SPRINGS
$460,000 $180 4 bd / 4 ba 2,561 sqft , 2026-06-02
1908 Turtle Bay Loop
CRYSTAL SPRINGS
$459,900 $245 3 bd / 2 ba 1,880 sqft , 2026-08-06

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
$2,395/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
$99,800
20% conventional investment loan

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

Estimated Gross Rent+$2,395
Principal + Interest−$2,723
Property Tax (~2.1% TX avg)−$873
Insurance (~0.5%)−$208
Est. Monthly Cash Flow $-1,409

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 August 14, 2026.

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