Active Listing  ·  121 days on market

2804 Stone Branch Dr

Leander, TX 78641
$599,990
4 Bed 4 Bath 3,373 sqft $178/sqft Built 2022 0.16 acres 3-Car Garage Pool Deerbrooke

Welcome to this beautifully designed 4-bedroom, 3.5-bath home in the Deerbrooke community, offering 3,373 square feet of thoughtfully curated living space on a corner lot. Built in 2022, this home showcases high ceilings, recessed lighting, and an abundance of windows that flood the space with natural light. The open-concept layout connects the kitchen, dining, and living areas. The kitchen features crisp white cabinetry, stainless steel appliances, a gas stovetop, and a spacious center island with eat-in seating. The primary suite is conveniently located on the main floor and offers a walk-in closet, dual vanity, soaking tub, and walk-in shower. Upstairs, a versatile loft/flex space overlooks the living room below, providing the perfect area for a second living space, office, or playroom. Step outside to enjoy a covered patio with exterior steps leading down to the backyard. The 3-car garage adds both convenience and ample storage. Residents of Deerbrooke enjoy exceptional amenities, including scenic nature trails, a fitness center, infinity-edge pool, splash pad, and dog park. A modern, light-filled home with space to live, work, and unwind—this one checks all the boxes.

At $178/sqft, this home is 26% 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

2804 Stone Branch Dr, Leander, TX 78641

Property Details

Price $599,990
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,373 sqft
Lot Size 0.16 acres (6,982.67 sqft)
Year Built 2022
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Deerbrooke
County Williamson
Zip Code 78641
$/sqft $178/sqft
Days on Market ,
HOA $150/Quarterly
Annual Tax Est. $11,123.67
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT224192301
List Date April 17, 2026
Elementary School Jim Plain
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.

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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
3021 Sage Ranch Dr
Deerbrooke
$599,900 $178 4 bd / 4 ba 3,373 sqft , 2026-04-24
1300 Deering Creek Dr
Deerbrooke Ph 1
$599,900 $269 3 bd / 2 ba 2,231 sqft , 2026-06-26
1009 Amber Creek Way
Deerbrooke
$629,990 $206 4 bd / 4 ba 3,064 sqft , 2026-08-01
3049 Sage Ranch Dr
Deerbrooke
$650,000 $197 4 bd / 4 ba 3,297 sqft , 2026-06-28
1113 Hartman Dr
Savanna Ranch Sec 2
$539,500 $160 4 bd / 3 ba 3,376 sqft , 2026-07-27

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
$2,880/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
$119,998
20% conventional investment loan

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

Estimated Gross Rent+$2,880
Principal + Interest−$3,274
Property Tax (~2.1% TX avg)−$1,050
Insurance (~0.5%)−$250
Est. Monthly Cash Flow $-1,694

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 July 20, 2026.

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