Active Listing  ·  129 days on market

3109 Honeywood Dr

Leander, TX 78641
$919,000
4 Bed 3 Bath 3,180 sqft $289/sqft Built 2026 1.21 acres 3-Car Garage Pool New Construction Leander Estates Ph 1

New construction home in Leander Estates! 3% flex incentive to use on 3-2-1 buy down, 2-1 buy down, closing costs or price reduction. You could afford up to $125,000 more home than if you bought a resale—without raising your monthly payment. That means more space, more upgrades, and more of what you love. See Sales Manager for details. Customized Siena II floor plan on beautifully treed 1-acre homesite, 1 story, 4 bedroom, 3 bath, study, game room, 3-car side-facing garage. Spacious open floor plan with granite-topped kitchen island, upper cabinets to 10' with glass fronts and puck lighting, JennAir double ovens, microwave drawer, gas cooktop and trash compactor. Features luxury vinyl plank flooring in main living area, game room, primary bedroom, and in the study with built-in bookshelves and cabinets. Wood-beamed ceiling in great room, fireplace with stone floor to ceiling and wood beam mantle. Primary bedroom with spa-like en-suite, double vanities with large walk-in shower. Laundry room with sink and cabinets. Outdoor extended patio with built-in kitchen with gas grill, sink and space for fridge. 3-car garage with utility sink.

At $289/sqft, this home is priced 22% 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

3109 Honeywood Dr, Leander, TX 78641

Property Details

Price $919,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 3,180 sqft
Lot Size 1.21 acres (52,576.92 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Leander Estates Ph 1
County Williamson
Zip Code 78641
$/sqft $289/sqft
Days on Market ,
HOA $1,400/Annually
Annual Tax Est. $11,938.79
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT228157754
List Date June 1, 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.

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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 · June 1, 2026 $959,000
Current ask $919,000
▼ Reduced $40,000 (-4.2%) 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
2620 Council Springs Pass
Greatwood
$890,000 $249 4 bd / 5 ba 3,576 sqft , 2026-06-23
2869 Honeywood Dr
Leander Estates Ph 1
$889,000 $277 4 bd / 4 ba 3,213 sqft , 2026-02-17
3064 Green Grange Ln
Leander Estates
$887,990 $312 4 bd / 4 ba 2,845 sqft , 2025-10-23
3172 Green Grange Ln
Leander Estates
$968,950 $250 4 bd / 5 ba 3,872 sqft , 2026-02-08
3017 Whalesong Way
Leander Estates
$974,950 $305 4 bd / 3 ba 3,193 sqft , 2026-07-26

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
$4,411/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
$183,800
20% conventional investment loan

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

Estimated Gross Rent+$4,411
Principal + Interest−$5,015
Property Tax (~2.1% TX avg)−$1,608
Insurance (~0.5%)−$383
Est. Monthly Cash Flow $-2,595

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 25, 2026.

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