Active Listing  ·  90 days on market

380 Blue Sage Dr

Leander, TX 78641
$339,900
4 Bed 3 Bath 2,162 sqft $157/sqft Built 2020 0.12 acres 2-Car Garage Pool Larkspur

Welcome to this charming home in the highly desirable Larkspur community! With two neighborhood pools and an elementary school nearby, this area offers both convenience and a great lifestyle. Nestled in a quiet corner of the neighborhood, this home enjoys a more open feel with green space just across the street. The backyard is a great size—perfect for pets, play, or relaxing outdoors. Step inside to a spacious, open-concept layout featuring a large living, dining, and kitchen area right off the entry—ideal for entertaining or everyday living. The primary suite is located on the first floor, tucked away down a private hallway alongside a guest bath. It features a large walk-in shower and a generously sized closet. Upstairs is perfect for kids or guests, offering a second living area, three bedrooms, and a conveniently located laundry room—no more hauling clothes up and down the stairs. With easy access to shopping from both the front and back of the neighborhood, this home is a fantastic entry-level opportunity in a wonderful community. Come see it for yourself!

At $157/sqft, this home is 35% 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

380 Blue Sage Dr, Leander, TX 78641

Property Details

Price $339,900
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,162 sqft
Lot Size 0.12 acres (5,031.18 sqft)
Year Built 2020
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Larkspur
County Williamson
Zip Code 78641
$/sqft $157/sqft
Days on Market ,
HOA $60/Monthly
Annual Tax Est. $9,691.08
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT228722569
List Date May 6, 2026
Elementary School Larkspur
Middle School Knox Wiley
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.

Schedule a Call →

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
1320 Alpine Mountain Dr
Lakeline Ranch Ph 05
$339,900 $216 3 bd / 2 ba 1,577 sqft , 2026-04-02
1521 Hope Ranch Rd
Reserve/North Fork Sub
$340,000 $198 3 bd / 2 ba 1,714 sqft , 2026-04-23
108 Blue Sage Dr
Caughfield Ph Iv
$339,000 $198 4 bd / 2 ba 1,713 sqft , 2026-05-17
809 Hilltop Dr
Oak Ridge Sec 3A
$339,000 $225 3 bd / 2 ba 1,505 sqft , 2026-03-19
100 Magpie Goose Ln
Summerlyn Ph P-4b
$338,000 $165 4 bd / 3 ba 2,051 sqft , 2026-07-30

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
$1,632/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
$67,980
20% conventional investment loan

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

Estimated Gross Rent+$1,632
Principal + Interest−$1,855
Property Tax (~2.1% TX avg)−$595
Insurance (~0.5%)−$142
Est. Monthly Cash Flow $-960

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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