About This Home

Beautiful 2-story corner lot home with 3 bedrooms, 2.5 bathrooms, and 2-car garage. Open-concept layout with modern finishes throughout—hard tile, carpet, and quartz countertops. Built by Perry Homes in 2022. Master bedroom features beautiful views. Covered patio and spacious backyard offer excellent outdoor space

At $186/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

2629 San Bautista Way, Leander, TX 78641

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Property Details

Price $372,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths 1

Living Area 2,005 sqft

Lot Size ,

Year Built 2022

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Palmera Ridge

County Williamson

Zip Code 78641

$/sqft $186/sqft

Days on Market ,

HOA $145/Quarterly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT246548450

List Date September 14, 2026

Elementary School Tarvin

Middle School Knox Wiley

High School Glenn

School District ,

Have Questions About This Property?

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

1640 River Plateau Dr
River Bluff $398,509 $181 3 bd / 3 ba 2,200 sqft , 2026-07-29

2224 Bonavista Way
Palmera Ridge Sec 4 $415,000 $222 3 bd / 2 ba 1,867 sqft , 2026-09-01

1724 River Plateau Dr
River Bluff $419,397 $173 4 bd / 3 ba 2,429 sqft , 2026-07-30

2204 Bonavista Way
Palmera Ridge $419,900 $191 3 bd / 3 ba 2,199 sqft , 2026-07-09

2341 Gabriels Horn Rd
BAR W RANCH $458,000 $195 3 bd / 3 ba 2,345 sqft , 2026-04-16

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

$1,786/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

$74,400

20% conventional investment loan

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

Estimated Gross Rent+$1,786

Principal + Interest−$2,030

Property Tax (~2.1% TX avg)−$651

Insurance (~0.5%)−$155

Est. Monthly Cash Flow $-1,050

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

About the Author

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 15, 2026.

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

2629 San Bautista Way

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Leander, TX

More Luxury Homes in Leander

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