Active Listing  ·  785 days on market

24300 Cisco Trl

Leander, TX 78641
$499,000
2 Bed 980 sqft $509/sqft Built 1988 11.88 acres Pool Round Mountain Oaks

Discover the perfect canvas for your vision with this exceptional unrestricted 11.881-acre lot located on a non-through street in Leander, Texas. Nestled amidst the breathtaking Hill Country, this picturesque land boasts an abundance of mature trees and sweeping hill country views, offering a serene and private setting. Infrastructure essentials are already in place, with Aqua Water and electric services readily available on the property. Nature enthusiasts will delight in the abundance of outdoor adventures just moments away. Lace up your hiking boots and explore the captivating trails of the nearby Balcones Canyonlands National Wildlife Refuge. For those seeking aquatic adventures, the shimmering waters of Lake Travis beckon. Enjoy boating, fishing, or simply basking in the sun and enjoy a welcome escape from the hustle and bustle of daily life. Leander, known for its friendly community and proximity to Austin, offers a variety of shopping, dining, and entertainment options just a short distance away. Take advantage of the nearby amenities, including parks, golf courses, and local events that showcase the vibrant spirit of the area. Set your dreams into motion with this exceptional 11.881 lot, offering an unmatched opportunity to create something extraordinary amidst the natural beauty of the Hill Country. Embrace the beauty of the surroundings, develop a remarkable project, or build your own private sanctuary. There is a single wide mobile home that is a tear down. Water, electric, and septic in place.

At $509/sqft, this home is priced 111% above the Leander active market average of $241/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

24300 Cisco Trl, Leander, TX 78641

Property Details

Price $499,000
Status Active Listing
Beds 2
Full Baths ,
Half Baths ,
Living Area 980 sqft
Lot Size 11.88 acres (517,536.36 sqft)
Year Built 1988
Garage ,
Stories ,
Type Residential · Mobile Home
Subdivision Round Mountain Oaks
County Travis
Zip Code 78641
$/sqft $509/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $2,822.67
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT122820874
List Date June 10, 2024
Elementary School Bagdad
Middle School Leander Middle
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 →

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
17009 E Darleen Dr #2
Trails End Lake Travis
$499,500 $378 2 bd / 2 ba 1,320 sqft , 2026-04-01
24203 Fulkes Rd
Sandy Creek Ranches Ph 04
$530,000 $428 1 bd / 1 ba 1,239 sqft , 2026-04-27
13967 Fm 2769 None
Cypress Creek Volente
$599,000 $891 1 bd / 1 ba 672 sqft , 2026-04-20
22601 Dewberry Holw
Pecan Hollow Ranches
$395,000 $353 3 bd / 2 ba 1,120 sqft , 2026-04-13
1470 Oak Grove Rd
Eaton
$350,000 $268 3 bd / 2 ba 1,304 sqft , 2026-02-20

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
$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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