Active Listing  ·  190 days on market

2429 Lineage Ln

Leander, TX 78641
$1,169,900
5 Bed 6 Bath 4,982 sqft $235/sqft Built 2025 1.07 acres 4-Car Garage Pool New Construction Hilltop Ranch

Designed for both everyday living and effortless entertaining, this nearly 5,000 sf Drees, Grantley II floor plan sits on just over an acre with a northeast facing orientation and offers a warm, modern take on luxury living in Leander.

Step through the double front doors into the foyer that immediately showcases the home’s elevated design. To the left, a private en suite bedroom provides the perfect space for guests, alongside a dedicated home office and a conveniently located powder room. Continuing down the hall, the mudroom and utility room are positioned to the right, offering everyday functionality and organization.

The home opens into a beautifully designed kitchen on the left, complete with a gas cooktop, large center island, and abundant cabinetry, all seamlessly flowing into a grand family and dining room. This expansive space is anchored by a fireplace and highlighted by a wall of sliding glass doors that open wide to create a true indoor outdoor living experience, filling the home with natural light and extending your living space to the covered patio and backyard beyond.

Privately situated on the right side of the home, the primary suite offers a luxurious retreat featuring an oversized walk in shower with two showerheads, a freestanding soaking tub, dual vanities, and a linen closet. The primary closet includes direct access to the utility room, adding an extra level of convenience to daily living.

Upstairs, a spacious loft welcomes you as a central gathering area, accompanied by bedrooms three and four, two full bathrooms, and an additional flex living space with a separate media room featuring a barn door.

With five bedrooms, five and a half bathrooms, expansive living spaces, and a layout designed for both comfort and entertaining, this home offers the perfect combination of luxury and livability. This is a rare opportunity to own a beautifully crafted home by Drees Custom Homes in one of Leander’s most desirable communities.

At $235/sqft, this home is priced in line with the Leander market average of $237/sqft across 610 active listings. View Austin market report →

Location

2429 Lineage Ln, Leander, TX 78641

Property Details

Price $1,169,900
Status Active Listing
Beds 5
Full Baths 5
Half Baths 1
Living Area 4,982 sqft
Lot Size 1.07 acres (46,652.76 sqft)
Year Built 2025
Garage 4 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Hilltop Ranch
County Williamson
Zip Code 78641
$/sqft $235/sqft
Days on Market ,
HOA $800/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT224602793
List Date April 1, 2026
Elementary School Bagdad
Middle School Danielson
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 · April 1, 2026 $1,199,900
Previous ask $1,189,900
Current ask $1,169,900
▼ Reduced $30,000 (-2.5%) 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
2408 Descendant Dr
Hilltop Ranch
$1,199,000 $318 4 bd / 5 ba 3,776 sqft , 2026-09-03
2992 Heritage Heights Rd
Hilltop Ranch
$1,199,900 $242 5 bd / 6 ba 4,966 sqft , 2026-09-16
2825 Whalesong Way
Leander Estates
$1,105,950 $240 4 bd / 5 ba 4,601 sqft , 2026-06-25
2941 Heritage Heights Rd
Hilltop Ranch
$1,099,900 $280 4 bd / 5 ba 3,931 sqft , 2026-10-02
2893 Heritage Heights Rd
Hilltop Ranch
$1,089,900 $269 4 bd / 5 ba 4,057 sqft , 2026-09-10

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
$5,616/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
$233,980
20% conventional investment loan

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

Estimated Gross Rent+$5,616
Principal + Interest−$6,385
Property Tax (~2.1% TX avg)−$2,047
Insurance (~0.5%)−$487
Est. Monthly Cash Flow $-3,303

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 1, 2026.

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