Active Listing  ·  54 days on market

305 Tequilana Pass

Leander, TX 78641
$348,000
3 Bed 3 Bath 1,909 sqft $182/sqft Built 2020 0.12 acres 2-Car Garage Pool Wildleaf Ph 2

Picturesque suburban life is here! This original owner home is the ideal starter pack for anyone looking to build their new life within Liberty Hill City Limits. This impressively designed two-story home blends dramatic architectural features with a highly sought-after floor plan, peaceful natural surroundings, and ultimate daily convenience. Sitting on a prime lot, this home is backed into a green belt with central access to all the hot spots in Leander, Liberty Hill, and Georgetown. Step inside to a dramatic downstairs living area featuring soaring two-story open ceilings that fill the home with natural light and create an inviting, open-concept feel. The kitchen is one-of-a-kind with a custom built dry bar and center island. Tucked away on the main level for ultimate privacy and comfort is the spacious primary suite, complete with its own full bathroom. A convenient main-floor half-bath serves guests with ease. Head upstairs to overlook the grand living area below and explore two secondary bedrooms, a full bathroom, and a versatile game room/loft space—ideal for a media room, home office, or secondary living zone. Step outside to your own private sanctuary: the home directly backs to a lush greenbelt, providing quiet, scenic views and enhanced privacy with no rear neighbors. Enjoy peaceful morning coffee or weekend relaxation on your private patio. Best of all, location is everything—you are just minutes away from local shopping centers, dining, and daily amenities.

At $182/sqft, this home is 23% 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

305 Tequilana Pass, Leander, TX 78641

Property Details

Price $348,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,909 sqft
Lot Size 0.12 acres (5,331.74 sqft)
Year Built 2020
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Wildleaf Ph 2
County Williamson
Zip Code 78641
$/sqft $182/sqft
Days on Market ,
HOA $67/Monthly
Annual Tax Est. $7,890.04
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241960242
List Date July 31, 2026
Elementary School Bill Burden
Middle School Legacy Ranch
High School Legacy Ranch
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
136 Fire Wheel Pass
Orchard Ridge
$348,000 $182 4 bd / 2 ba 1,909 sqft , 2026-07-20
241 La Dera Dr
SANTA RITA RANCH
$349,900 $172 4 bd / 3 ba 2,034 sqft , 2026-04-09
59 Snowy Plover Ln
Summerlyn West
$349,999 $169 4 bd / 3 ba 2,073 sqft , 2026-05-02
193 Fluttermill Loop
Orchard Ridge
$350,000 $179 3 bd / 3 ba 1,956 sqft , 2026-09-14
120 Windfall Trl
Butler Farms
$354,990 $150 4 bd / 3 ba 2,372 sqft , 2026-05-19

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
$1,670/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
$69,600
20% conventional investment loan

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

Estimated Gross Rent+$1,670
Principal + Interest−$1,899
Property Tax (~2.1% TX avg)−$609
Insurance (~0.5%)−$145
Est. Monthly Cash Flow $-983

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 22, 2026.

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