Active Listing  ·  249 days on market

2501 Costera St

Leander, TX 78641
$739,500
4 Bed 4 Bath 3,197 sqft $231/sqft Built 2020 0.23 acres 3-Car Garage Pool Palmera Ridge

High-end upgrades and thoughtful design set this exceptional home apart. Offering 3,197 sq ft (per appraisal), this 4-bedroom, 3.5-bath residence features a 3-car garage, game room, and dedicated office/study, with an open-concept floor plan and most living spaces on the main level. The private office includes custom built-in cabinetry and desk, ideal for working from home.

The heart of the home is the expansive kitchen, showcasing a massive island, quartz countertops, designer backsplash, and a 5-burner gas cooktop—perfect for everyday living and entertaining. The living area features soaring ceilings, an electric-start fireplace, and French doors opening to the extended patio for seamless indoor-outdoor living.

The primary suite is just off the living room and offers peaceful views of the backyard and hot tub. Two secondary bedrooms are located on the opposite side with a shared full bath. Upstairs, a spacious game/living room with abundant natural light leads to the fourth bedroom—ideal for guests or a private retreat.

The backyard is designed for year-round enjoyment with a fully equipped outdoor kitchen featuring a Blaze grill and 30” Le Griddle, a Marquis Vector 21 V84 hot tub with privacy wall, recessed deck and mounted TV, and a gazebo with gas firepit. Additional upgrades include whole-house gutters, sprinkler system, front and back low-voltage lighting, solar screens on the west side, security cameras, epoxy garage floors with storage racks, whole-house water filtration and softener, reverse osmosis system, and tankless water heater. Meticulously upgraded and truly move-in ready.

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

2501 Costera St, Leander, TX 78641

Property Details

Price $739,500
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,197 sqft
Lot Size 0.23 acres (10,127.7 sqft)
Year Built 2020
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Palmera Ridge
County Williamson
Zip Code 78641
$/sqft $231/sqft
Days on Market ,
HOA $150/Quarterly
Annual Tax Est. $16,224.98
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT218479306
List Date February 16, 2026
Elementary School Tarvin
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 · February 16, 2026 $749,000
Current ask $739,500
▼ Reduced $9,500 (-1.3%) 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
2520 Carretera Dr
Palmera Ridge
$724,990 $214 4 bd / 3 ba 3,381 sqft , 2025-10-03
2316 Airport Dr
Palmera Ridge
$724,990 $212 4 bd / 4 ba 3,421 sqft , 2026-10-08
1409 Golden Celebration Bnd
Palmera Ridge
$754,100 $243 5 bd / 5 ba 3,107 sqft , 2026-05-01
1416 Francesca Arden Way
Palmera Bluff
$709,950 $250 4 bd / 4 ba 2,843 sqft , 2026-07-22
3021 Delaware St
Bluffview Reserve
$704,900 $183 5 bd / 4 ba 3,848 sqft , 2026-07-23

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
$3,550/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
$147,900
20% conventional investment loan

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

Estimated Gross Rent+$3,550
Principal + Interest−$4,036
Property Tax (~2.1% TX avg)−$1,294
Insurance (~0.5%)−$308
Est. Monthly Cash Flow $-2,088

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 25, 2026.

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