Active Listing  ·  63 days on market

384 Leaning Rock Rdg

Austin, TX 78737
$964,999
4 Bed 4 Bath 2,980 sqft $324/sqft Built 2025 0.25 acres 3-Car Garage Pool Parten Ranch Ph 6 & 7

Thoughtfully upgraded and beautifully situated on an exceptional lot in Parten Ranch, this 4-bedroom, 4-bath home offers a rare combination of privacy, modern design, and functionality. Surrounded by mature live oaks and natural greenery, the property enjoys a peaceful, private setting that is increasingly hard to find in newer communities.

Inside, the open-concept floor plan was designed with both everyday living and entertaining in mind. The kitchen, dining, and main living areas flow seamlessly together, complemented by a dedicated office and media room. Three bedrooms feature private en-suite baths, while the fourth is conveniently located near a full guest bath, creating a thoughtful layout for family and visitors alike. The owners were intentional with every selection and invested in extensive upgrades throughout, giving the home an elevated, cohesive feel.

Built in 2025, the home offers the benefits of newer construction with the added character of an established, beautifully treed homesite. Outside, mature live oaks and natural surroundings create a peaceful backdrop and an exceptional level of privacy. Permanent holiday lighting adds another thoughtful upgrade for effortless entertaining and year-round ambiance.

Residents of Parten Ranch enjoy access to scenic neighborhood trails, a resort-style pool, clubhouse, and community amenities, with convenient access to Dripping Springs and Southwest Austin. With its extensive upgrades, versatile floor plan, exceptional privacy, and standout lot, this home is a special opportunity within one of the area's most desirable communities.

At $324/sqft, this home is 17% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

384 Leaning Rock Rdg, Austin, TX 78737

Property Details

Price $964,999
Status Active Listing
Beds 4
Full Baths 4
Half Baths ,
Living Area 2,980 sqft
Lot Size 0.25 acres (10,741.9 sqft)
Year Built 2025
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Parten Ranch Ph 6 & 7
County Hays
Zip Code 78737
$/sqft $324/sqft
Days on Market ,
HOA $225/Quarterly
Annual Tax Est. $4,110.74
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246165605
List Date September 10, 2026
Elementary School Cypress Springs
Middle School Sycamore Springs
High School Dripping Springs
School District Dripping Springs ISD

Dripping Springs ISD

Cypress Springs · Sycamore Springs · Dripping Springs

Luke Allen (TREC #788149) has deep knowledge of Austin 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 · September 10, 2026 $989,999
Current ask $964,999
▼ Reduced $25,000 (-2.5%) 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 Austin

Comparable Listings Right Now

Homes currently for sale in Austin 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
372 Old Stone Rd
Parten Ranch
$975,000 $319 4 bd / 4 ba 3,061 sqft , 2026-08-27
318 Running Bird Rd
Parten Ranch Ph 5
$985,000 $328 4 bd / 3 ba 3,003 sqft , 2026-11-06
791 Bird Holw
Parten
$999,900 $330 4 bd / 5 ba 3,032 sqft , 2026-07-14
225 Bird Bath Bnd
Parten
$999,900 $293 4 bd / 4 ba 3,411 sqft , 2026-08-02
505 Bird Holw
Parten Ranch
$999,900 $303 4 bd / 4 ba 3,295 sqft , 2026-08-11

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
$4,632/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
$193,000
20% conventional investment loan

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

Estimated Gross Rent+$4,632
Principal + Interest−$5,266
Property Tax (assumed ~2.1%)−$1,689
Insurance (assumed ~0.5%)−$402
Est. Monthly Cash Flow $-2,725

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 Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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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 · 41 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. The written content was last updated on November 12, 2026.

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

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