Active Listing  ·  137 days on market

3774 N Bagdad Rd

Leander, TX 78641
$949,999
3 Bed 2 Bath 3,846 sqft $247/sqft Built 1980 3.68 acres Pool Live Oak Ranches Sec 1

OPPORTUNITY! Bagdad runs between Leander and Liberty Hill and has seen tremendous growth with new development. This is a great chance to invest before the property value goes up even further. There are 3 living structures on this property - the main home, a detached garage that has been made into a 1 bed 1 bath and a second 1 bed, 1 bath. All appear to be in decent shape, the main house and detached garage conversion both had recent roof replacement and the main house has a HVAC system 6 years old . The 3 residences are all pretty close together, leaving most of the 3.68 acres available for other use. recent leases fetched $3900 from these 3 units combined

At $247/sqft, this home is priced 2% above the Leander active market average of $241/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

3774 N Bagdad Rd, Leander, TX 78641

Property Details

Price $949,999
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 3,846 sqft
Lot Size 3.68 acres (160,300.8 sqft)
Year Built 1980
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Live Oak Ranches Sec 1
County Williamson
Zip Code 78641
$/sqft $247/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $16,603.51
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT223188958
List Date March 20, 2026
Elementary School Liberty Hill
Middle School Liberty Hill Intermediate
High School Liberty Hill
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 · March 20, 2026 $1,200,000
Previous ask $999,999
Current ask $949,999
Reduced $250,001 (-20.8%) 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
1848 Harvest Dance Dr
Fairways At Crystal Falls Sc3 P
$950,000 $260 4 bd / 4 ba 3,648 sqft , 2026-03-30
4513 Vieste Vw
Travisso Ph 3 Sec 1 3
$950,000 $257 4 bd / 5 ba 3,700 sqft , 2026-05-04
933 Trevi Fontana Dr
TRAVISSO PHS 3 SEC 8
$950,000 $241 4 bd / 4 ba 3,940 sqft , 2026-07-24
1529 Jolie Rose Bnd
Palmera Ridge
$949,900 $251 4 bd / 5 ba 3,792 sqft , 2026-05-29
1404 Jolie Rose Bnd
Palmera Ridge
$949,419 $276 4 bd / 5 ba 3,435 sqft , 2026-07-06

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
$4,560/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
$190,000
20% conventional investment loan

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

Estimated Gross Rent+$4,560
Principal + Interest−$5,185
Property Tax (~2.1% TX avg)−$1,662
Insurance (~0.5%)−$396
Est. Monthly Cash Flow $-2,683

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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