Active Listing  ·  46 days on market

4013 Waxahachie Rd

Leander, TX 78641
$624,990
5 Bed 4 Bath 3,221 sqft $194/sqft Built 2026 0.16 acres 2-Car Garage Pool New Construction Edgewood

Welcome to the Balcones II, our most popular floorplan offered on 50' lots here in Edgewood. This home wows with its high ceilings and open to below layout. Downstairs, you'll find a secondary bedroom with a full bathroom, that includes a walk-in, mudset shower. Slightly down the entryway is a study with French doors and just past that is the bright family room with two stories of windows. The gourmet kitchen features, a 5-burner cooktop, walk-in pantry, pot and pan drawers, trash pullout, vent hood, built-in microwave and oven, single basic sink and quartz countertops. The bay window in the owner’s suite, makes this space an inviting retreat, and is complete with deluxe bathroom with dual vanity, soaking tub, and walk-in shower. The room also features dual walk-in closets. Traveling up to the second story, you’ll notice the gorgeous open iron staircase, which leads to a large game room with views to below! 3 spacious bedrooms, and two full baths round out the upstairs. Schedule today to come view this popular floorplan and home that will be completed in October of 2026!

At $194/sqft, this home is 19% 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

4013 Waxahachie Rd, Leander, TX 78641

Property Details

Price $624,990
Status Active Listing
Beds 5
Full Baths 4
Half Baths ,
Living Area 3,221 sqft
Lot Size 0.16 acres (6,791 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Edgewood
County Williamson
Zip Code 78641
$/sqft $194/sqft
Days on Market ,
HOA $70/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT238314567
List Date July 1, 2026
Elementary School Tarvin
Middle School Stiles
High School Rouse
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 · July 1, 2026 $714,990
Previous ask $674,990
Current ask $624,990
Reduced $90,000 (-12.6%) 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
1317 Cypress Paul St
Parkside Peninsula
$624,990 $242 4 bd / 4 ba 2,587 sqft , 2026-04-14
1352 Cypress Paul St
Parkside Peninsula
$624,990 $263 4 bd / 3 ba 2,374 sqft , 2026-04-18
1465 Cypress Paul St
Parkside Peninsula
$624,900 $244 4 bd / 4 ba 2,561 sqft , 2026-04-05
101 Canyon Lake Ln
Parkside at Mayfield Ranch
$623,500 $207 4 bd / 3 ba 3,012 sqft , 2026-07-09
821 Purmela St
Edgewood
$619,990 $223 4 bd / 4 ba 2,785 sqft , 2026-07-27

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
$3,000/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
$124,998
20% conventional investment loan

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

Estimated Gross Rent+$3,000
Principal + Interest−$3,411
Property Tax (~2.1% TX avg)−$1,094
Insurance (~0.5%)−$260
Est. Monthly Cash Flow $-1,765

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 July 29, 2026.

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