About This Home

Pride of Ownership shows! ~ One owner ~ Enjoy the privacy of not having a neighbor in the back! ~ Roof recently replaced ~ This home is in very good condition ~ Priced below appraisal value ~ 4 Bedrooms and 2.5 Baths with Main bedroom downstairs for privacy ~ Two living areas: Family Room downstairs, and upstairs Den is very spacious ~ Desirable Leander School District ~ Close to 183A for quick access to roads, shopping and employers ~ Enjoy the community swimming pool, parks, walking trails and gym!

At $161/sqft, this home is 33% below the Leander active market average of $241/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

341 Blue Sage Dr, Leander, TX 78641

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Property Details

Price $345,000

Status Active Listing

Beds 4

Full Baths 2

Half Baths 1

Living Area 2,141 sqft

Lot Size 0.10 acres (4,482.32 sqft)

Year Built 2020

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision LARKSPUR

County Williamson

Zip Code 78641

$/sqft $161/sqft

Days on Market ,

HOA $60/Monthly

Annual Tax Est. $9,653

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT232487655

List Date June 12, 2026

Elementary School Larkspur

Middle School Knox Wiley

High School Glenn

School District ,

Have Questions About This Property?

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

46 Snowy Plover Ln
Summerlyn West $345,000 $188 3 bd / 3 ba 1,837 sqft , 2026-07-23

1512 Dillon Lake Bnd
Block House Creek Ph D Sec 02 $342,500 $204 4 bd / 2 ba 1,678 sqft , 2026-07-23

1600 Hope Ranch Rd
Reserve at North Fork $348,000 $206 4 bd / 2 ba 1,688 sqft , 2026-01-07

40 Pacific Loon St
Summerlyn West Sec 4 & 5 $348,000 $171 4 bd / 3 ba 2,041 sqft , 2026-07-07

1504 William Bee Dr
Stewart Xing Ph 1 $349,000 $200 3 bd / 2 ba 1,745 sqft , 2026-04-04

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

$1,656/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

$69,000

20% conventional investment loan

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

Estimated Gross Rent+$1,656

Principal + Interest−$1,883

Property Tax (~2.1% TX avg)−$604

Insurance (~0.5%)−$144

Est. Monthly Cash Flow $-975

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 →

341 Blue Sage Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Leander, TX

More Luxury Homes in Leander

341 Blue Sage Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Leander, TX

More Luxury Homes in Leander

Explore Austin Real Estate