Active Listing  ·  43 days on market

2816 Sandman Pass

Leander, TX 78641
$1,031,990
5 Bed 6 Bath 4,337 sqft $238/sqft Built 2026 1.00 acres 4-Car Garage Pool New Construction Leander Estates

Introducing the Klein, a brand-new design offering 4,337 sq. ft. on a one-acre corner homesite in Leander Estates, with completion expected September 2026. A dramatic two-story foyer opens to a soaring two-story family room filled with natural light and open views from the second floor, creating an impressive sense of space from the moment you enter. The gourmet kitchen is designed for gathering and entertaining with an oversized island, quartz countertops, large pantry and separate messy kitchen with its own sink, all flowing into a spacious casual dining area and family room. Every bedroom features a private ensuite bath, including a main-level guest suite with an oversized walk-in shower—an ideal arrangement for extended family, overnight guests or multigenerational living. The vaulted primary suite is a true retreat with large windows, abundant natural light and ceiling beam details. Its spa-inspired bath offers dual vanities, soaking tub, walk-in shower with dual shower heads, two private commode closets and a large walk-in closet. Thoughtful everyday function continues in the oversized laundry room with sink, cabinetry and dedicated refrigerator space, conveniently connecting the primary bath to the drop zone just off the garage. Upstairs, three additional ensuite bedrooms surround a spacious game room and separate media room, providing plenty of room to spread out while maintaining privacy. A dedicated home office creates a quiet work-from-home space, while covered outdoor living extends the entertaining space outside. A secondary exterior entry adds flexibility, and the rare 4-car garage provides exceptional room for vehicles, storage, hobbies and recreational gear. With five ensuite bedrooms, two bedrooms on the main level, multiple living spaces and a highly functional layout, the Klein brings together the space, privacy and flexibility today's buyers are looking for on a one-acre homesite.

At $238/sqft, this home is priced in line with the Leander market average of $237/sqft across 610 active listings. View Austin market report →

Location

2816 Sandman Pass, Leander, TX 78641

Property Details

Price $1,031,990
Status Active Listing
Beds 5
Full Baths 5
Half Baths 1
Living Area 4,337 sqft
Lot Size 1.00 acres (43,560 sqft)
Year Built 2026
Garage 4 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Leander Estates
County Williamson
Zip Code 78641
$/sqft $238/sqft
Days on Market ,
HOA $1,400/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT244578472
List Date August 26, 2026
Elementary School Hisle
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 · August 26, 2026 $1,041,990
Current ask $1,031,990
▼ Reduced $10,000 (-1.0%) 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
2948 Redwood Grv
Leander Estates
$1,025,990 $294 4 bd / 5 ba 3,488 sqft , 2026-07-30
3212 Honeywood Dr
Leander Estates
$1,023,950 $285 4 bd / 4 ba 3,592 sqft , 2026-10-05
3040 Whalesong Way
Leander Estates
$999,990 $267 4 bd / 5 ba 3,750 sqft , 2026-01-28
3001 Redwood Grv
Leander Estates
$1,073,950 $291 4 bd / 5 ba 3,689 sqft , 2026-08-12
3089 Green Grange Ln
Leander Estates Ph 1
$989,000 $222 5 bd / 6 ba 4,458 sqft , 2026-02-11

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
$4,954/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
$206,398
20% conventional investment loan

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

Estimated Gross Rent+$4,954
Principal + Interest−$5,632
Property Tax (~2.1% TX avg)−$1,806
Insurance (~0.5%)−$430
Est. Monthly Cash Flow $-2,914

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 27, 2026.

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