Active Listing  ·  28 days on market

2893 Heritage Heights Rd

Leander, TX 78641
$1,089,900
4 Bed 5 Bath 4,057 sqft $269/sqft Built 2026 1.00 acres 4-Car Garage Pool Hilltop Ranch

MLS# 7555462 - Built by Drees Custom Homes - Jan 2027 completion! ~ LEANDER, TX: New 4 Bedroom, 4.5 Bath Luxury Home. Discover exceptional single-story living in this stunning new construction home in Leander, TX, where custom luxury features come standard. Designed for both everyday comfort and effortless entertaining, this thoughtfully crafted home offers an open-concept layout filled with natural light and upscale finishes throughout. The chef-inspired kitchen features a spacious center island, walk-in pantry and convenient planning area adjacent to the family ready room, creating the perfect space for cooking, organizing and gathering. The expansive dining room connects seamlessly to the gameroom, media room and covered outdoor living area, making entertaining family and friends a breeze. Two secondary bedrooms with private en suite baths are tucked away near the gameroom for comfort and privacy. On the opposite side of the home, you'll find a dedicated home office, an additional bedroom and a luxurious primary suite featuring a spa-like bath and oversized walk-in closet. Located in desirable Leander, Texas, this new home combines modern design, flexible living spaces and premium craftsmanship in one exceptional residence. Virtual tours are for illustrative purposes only and floor plan layout,finishes may vary.

At $269/sqft, this home is priced 14% above the Leander active market average of $237/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2893 Heritage Heights Rd, Leander, TX 78641

Property Details

Price $1,089,900
Status Active Listing
Beds 4
Full Baths 4
Half Baths 1
Living Area 4,057 sqft
Lot Size 1.00 acres (43,560 sqft)
Year Built 2026
Garage 4 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Hilltop Ranch
County Williamson
Zip Code 78641
$/sqft $269/sqft
Days on Market ,
HOA $800/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246394240
List Date September 10, 2026
Elementary School Bagdad
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
2941 Heritage Heights Rd
Hilltop Ranch
$1,099,900 $280 4 bd / 5 ba 3,931 sqft , 2026-10-02
3001 Redwood Grv
Leander Estates
$1,073,950 $291 4 bd / 5 ba 3,689 sqft , 2026-08-12
2825 Whalesong Way
Leander Estates
$1,105,950 $240 4 bd / 5 ba 4,601 sqft , 2026-06-25
2816 Sandman Pass
Leander Estates
$1,031,990 $238 5 bd / 6 ba 4,337 sqft , 2026-08-26
2948 Redwood Grv
Leander Estates
$1,025,990 $294 4 bd / 5 ba 3,488 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
$5,232/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
$217,980
20% conventional investment loan

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

Estimated Gross Rent+$5,232
Principal + Interest−$5,948
Property Tax (~2.1% TX avg)−$1,907
Insurance (~0.5%)−$454
Est. Monthly Cash Flow $-3,077

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

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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 September 11, 2026.

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