Active Listing  ·  64 days on market

2709 Saddle Blanket Pl

Leander, TX 78641
$425,000
4 Bed 3 Bath 2,488 sqft $171/sqft Built 2005 0.14 acres 2-Car Garage Pool Lakeline Ranch Sub

Welcome to this stunning home nestled in the highly sought-after Lakeline Ranch subdivision — where thoughtful design, natural light, and exceptional community amenities come together beautifully. The home is vacant and move-in ready, making it easy to show at your convenience with no appointment needed.

MAIN LEVEL:

A welcoming formal dining room greets you as you enter, setting an elegant tone for the rest of the home. Step further inside to soaring ceilings and an expansive living area bathed in natural light from large windows framing a gorgeous backyard view. The open-concept layout flows seamlessly into a beautifully updated kitchen featuring granite countertops, a center island, stainless steel appliances, a farmhouse sink, recessed and pendant lighting, and a breakfast nook — perfect for both everyday living and entertaining. A convenient powder room and dedicated laundry room round out the main level. Retreat to the spacious primary suite, complete with a serene backyard-facing window, an en suite bath with dual vanity, walk-in shower, garden tub, and a generous walk-in closet.

SECOND LEVEL:

Upstairs, a fantastic game room overlooks the dramatic living space below — ideal as a media room, playroom, or second lounge. Three additional spacious bedrooms share a full bathroom with ample counter space and a soaking tub with shower.

OUTDOOR LIVING & PARKING:

Enjoy Texas evenings under the covered patio overlooking a beautifully maintained yard — your own private outdoor escape. An attached two-car garage plus a spacious driveway provide plenty of parking for family and guests alike.

COMMUNITY & LOCATION:

Lakeline Ranch residents enjoy access to a community pool, playground, basketball and volleyball courts, and a picnic area. All of this within five miles of HEB, Costco, and an abundance of shopping and dining options across Leander and Cedar Park. This one checks every box — come see it today!

RECENT UPDATES:

Brand new carpets.

At $171/sqft, this home is 28% below the Leander active market average of $239/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2709 Saddle Blanket Pl, Leander, TX 78641

Property Details

Price $425,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,488 sqft
Lot Size 0.14 acres (6,102.76 sqft)
Year Built 2005
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lakeline Ranch Sub
County Williamson
Zip Code 78641
$/sqft $171/sqft
Days on Market ,
HOA $47/Monthly
Annual Tax Est. $9,288.31
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT235901952
List Date June 12, 2026
Elementary School William J Winkley
Middle School Running Brushy
High School Leander High
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
1712 Uhland Dr
Mason Ranch Ph 1 Sec 3
$420,000 $144 3 bd / 3 ba 2,922 sqft , 2026-02-05
2301 Yaupon Range Dr
Bluffs At Crystal Falls Sec 3
$430,000 $200 4 bd / 3 ba 2,148 sqft , 2026-08-12
2204 Granite Hill Dr
Bluffs at Crystal Falls
$419,500 $202 3 bd / 2 ba 2,074 sqft , 2026-04-17
1305 Horseshoe Ranch Dr
Lakeline Ranch Ph 06
$415,000 $183 3 bd / 3 ba 2,269 sqft , 2026-07-31
1620 Hawk Dr
Heritage Park Sec 03
$435,000 $179 3 bd / 3 ba 2,431 sqft , 2026-07-30

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
$2,040/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
$85,000
20% conventional investment loan

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

Estimated Gross Rent+$2,040
Principal + Interest−$2,319
Property Tax (~2.1% TX avg)−$744
Insurance (~0.5%)−$177
Est. Monthly Cash Flow $-1,200

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

More Luxury Homes in Leander

Loading…
View All Luxury Homes →
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 1, 2026.

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