Active Listing  ·  16 days on market

245 E Broade St

Leander, TX 78641
$310,000
4 Bed 3 Bath 1,688 sqft $184/sqft Built 2018 0.10 acres 1-Car Garage Pool Village/Leander Station Ph 1 &

$10,000 FLEX CASH for buyers at closings! Dual primary suites in a 2018-built single-story home, minutes from Historic Downtown Leander. This east-facing 4-bedroom, 3-bath home lives larger than its 1,688 square feet, with an open-concept living, dining, and kitchen space brightened by recessed lighting throughout. The kitchen centers on an island with an electric range, microwave, and dishwasher. Both primary suites offer private baths with double vanities; two additional bedrooms and a third full bath sit off the main hall. Energy-efficient HVAC and insulation keep utility costs in check, and the privacy-fenced backyard with a porch offers a low-maintenance outdoor retreat. One-car garage with opener; ceiling fans and blinds already in place. Zoned to Leander ISD — Larkspur Elementary, Stiles Middle, and Rouse High. Just minutes to Lakewood Park, H-E-B Plus!, downtown dining, and the Leander MetroRail station, with 183A Toll putting central Austin within easy reach.

At $184/sqft, this home is 22% 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

245 E Broade St, Leander, TX 78641

Property Details

Price $310,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 1,688 sqft
Lot Size 0.10 acres (4,356 sqft)
Year Built 2018
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Village/Leander Station Ph 1 &
County Williamson
Zip Code 78641
$/sqft $184/sqft
Days on Market ,
HOA $65/Monthly
Annual Tax Est. $6,939.75
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245527693
List Date September 6, 2026
Elementary School Larkspur
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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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
315 Northern Trl
Westview Meadows Ph 04
$310,000 $203 3 bd / 2 ba 1,528 sqft , 2026-05-01
500 Municipal Dr #402
Municipal Drive Townhomes
$312,990 $218 3 bd / 3 ba 1,434 sqft , 2026-08-26
500 Municipal Dr #404
Municipal Drive Townhomes
$312,990 $218 3 bd / 3 ba 1,434 sqft , 2026-08-27
500 Municipal Dr #401
Municipal Drive Townhomes
$305,342 $210 3 bd / 3 ba 1,454 sqft , 2026-03-20
500 Municipal Dr #303
Municipal Drive Townhomes
$305,342 $210 3 bd / 3 ba 1,454 sqft , 2026-03-20

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
$1,488/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
$62,000
20% conventional investment loan

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

Estimated Gross Rent+$1,488
Principal + Interest−$1,692
Property Tax (~2.1% TX avg)−$543
Insurance (~0.5%)−$129
Est. Monthly Cash Flow $-876

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 September 8, 2026.

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