Active Listing  ·  163 days on market

3141 Pale Rider Pass

Leander, TX 78641
$389,990
3 Bed 2 Bath 1,927 sqft $202/sqft Built 2020 0.13 acres 2-Car Garage Pool Crystal Falls

*** Seller to provide concessions for closing cost coverage or rate buy down with the use of their in-house lender. *** Welcome to 3141 Pale Rider Pass in the desirable Crystal Falls community of Leander. This well-maintained 3 bedroom, 2 bathroom home offers comfortable living with a functional layout and thoughtful upgrades throughout. Inside, the home features an open living and dining area designed for both everyday living and entertaining. The kitchen flows easily into the main living space, creating a central gathering area filled with natural light. The primary bedroom offers a private retreat with an ensuite bathroom, while two additional bedrooms provide flexibility for guests, office space, or hobbies. The home offers direct access to walking and biking trails, providing an easy connection to the surrounding natural Hill Country landscape. The property also includes a full gutter system, landscape enhancements with river rock, a water softener, and fully paid-off solar panels for added efficiency. Landscaping includes fig trees, prairie fire crab apple, and myrtle shrubs. Located in the highly regarded Crystal Falls community, residents enjoy access to a wide range of neighborhood amenities including community pools, parks, playgrounds, tennis courts, and walking and hiking trails. Veterans Park is just a short walk away and offers additional recreational opportunities including pickleball courts, a splash pad, pool, and a large dog park. The home is conveniently located near schools within Leander ISD, with the elementary and middle school within close distance . Nearby shopping, dining, and grocery options are easily accessible, including Whole Foods and HEB. Commuters will appreciate the convenient access to 183 and 183A Toll Road, along with nearby bus service connecting to the MetroRail station. This home combines comfortable living, outdoor recreation access, and convenient connectivity in one of Leander’s established master-planned communities.

At $202/sqft, this home is 15% 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

3141 Pale Rider Pass, Leander, TX 78641

Property Details

Price $389,990
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,927 sqft
Lot Size 0.13 acres (5,697.65 sqft)
Year Built 2020
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Crystal Falls
County Travis
Zip Code 78641
$/sqft $202/sqft
Days on Market ,
HOA $63/Monthly
Annual Tax Est. $9,193.4
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT221479596
List Date March 5, 2026
Elementary School William J Winkley
Middle School Running Brushy
High School Leander High
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 · March 5, 2026 $460,000
Previous ask $394,990
Current ask $389,990
Reduced $70,010 (-15.2%) 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
1721 Fairweather Way
Carriage Hills 2 sec 4
$385,000 $240 4 bd / 2 ba 1,606 sqft , 2026-07-29
1405 Hawk Dr
Heritage Park Sec 3
$399,000 $189 4 bd / 3 ba 2,108 sqft , 2026-07-16
1806 Carriage Hills Trl
Carriage Hills 3 Sec 3
$375,000 $162 4 bd / 3 ba 2,313 sqft , 2026-07-20
2748 Granite Creek Dr
Lakeline Ranch Sub
$375,000 $203 3 bd / 2 ba 1,848 sqft , 2026-07-27
2208 John Tee Dr
Heritage Park Sec 4
$375,000 $207 3 bd / 2 ba 1,808 sqft , 2026-08-12

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
$1,872/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
$77,998
20% conventional investment loan

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

Estimated Gross Rent+$1,872
Principal + Interest−$2,128
Property Tax (~2.1% TX avg)−$682
Insurance (~0.5%)−$162
Est. Monthly Cash Flow $-1,100

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 13, 2026.

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