Active Listing  ·  43 days on market

2505 Milan Meadows Dr

Leander, TX 78641
$789,000
4 Bed 4 Bath 2,545 sqft $310/sqft Built 2017 0.21 acres 2-Car Garage Pool Travisso Ph 2 Sec 1k

Looking for a home with complete privacy, a large backyard, mature tree's and designer character with all the new build amenities? This Travisso home has it all for a price that can't be beat!

Featuring 4 bedrooms, a downstairs primary suite, and thoughtfully designed living spaces, this home is made for both everyday living and entertaining. One bedroom has been transformed into a stylish office with an oak Murphy bed and custom shelving, while two additional bedrooms showcase designer paint and elevated finishes. The media room is ready for movie nights with the TV screen, mood lighting, and custom color ambiance already in place.

At the heart of the home, the renovated white oak and white kitchen features a wine fridge, floor-to-ceiling cabinetry, and an open layout that flows seamlessly into the living spaces. The formal dining room adds a designer touch with statement wallpaper and a gorgeous chandelier.

Step outside and the home gets even better. Remote-controlled outdoor screens create a true indoor/outdoor entertaining space, while the oversized backyard offers unobstructed views and plenty of room to make your future pool dreams a reality. Extended patio with aesthetic fencing create the perfect place for sunset dinners and lounging.

And the ultimate luxury? Privacy. You have just one neighbor—with no homes directly behind or adjacent to you.

Miles of nature trails, parks, and a 9-acre amenity center complement the dramatic landscape, offering residents unmatched opportunities to relax and connect with nature. The Palazzo Clubhouse, awarded Best Community Clubhouse by the Texas Association of Builders in 2017, includes a sprawling pavilion with views of the Texas Hill Country, a resort-style pool with children's splash pad, state-of-the-art fitness center, playground, tennis courts, and more.

At $310/sqft, this home is priced 35% above the Leander active market average of $230/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2505 Milan Meadows Dr, Leander, TX 78641

Property Details

Price $789,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,545 sqft
Lot Size 0.21 acres (9,060.48 sqft)
Year Built 2017
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Travisso Ph 2 Sec 1k
County Travis
Zip Code 78641
$/sqft $310/sqft
Days on Market ,
HOA $80/Monthly
Annual Tax Est. $14,662
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247606876
List Date September 30, 2026
Elementary School CC Mason
Middle School Running Brushy
High School Leander High
School District Leander ISD

Leander ISD

CC Mason · Running Brushy · Leander High

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 · September 30, 2026 $798,000
Current ask $789,000
▼ Reduced $9,000 (-1.1%) 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
1328 Pasa Tiempo None
Grand Mesa 03 At Crystal Falls
$834,990 $322 3 bd / 3 ba 2,597 sqft , 2026-10-21
2709 Villa Capri Ct
Travisso Ph 2 Sec 1M
$849,900 $334 4 bd / 4 ba 2,545 sqft , 2026-07-28
2617 Milan Meadows Dr
TRAVISSO
$725,999 $360 3 bd / 2 ba 2,016 sqft , 2026-06-02
1716 Siena Sunset Rd
Travisso - Siena Collection
$725,000 $273 3 bd / 4 ba 2,658 sqft , 2026-09-29
3516 Venezia Vw
Travisso Ph 2 Sec 1C
$659,000 $249 4 bd / 3 ba 2,650 sqft , 2026-10-02

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
$3,787/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
$157,800
20% conventional investment loan

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

Estimated Gross Rent+$3,787
Principal + Interest−$4,306
Property Tax (assumed ~2.1%)−$1,381
Insurance (assumed ~0.5%)−$329
Est. Monthly Cash Flow $-2,229

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 · 41 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. The written content was last updated on November 8, 2026.

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

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