Active Listing  ·  46 days on market

4016 Fulton Dr

Leander, TX 78641
$684,990
4 Bed 4 Bath 3,221 sqft $213/sqft Built 2026 0.16 acres 2-Car Garage Pool New Construction Edgewood

Welcome to the Balcones-II, our most popular floorplan offered in the Signature series here in Edgewood. This home wows with its high ceilings and open concept layout! Downstairs, you'll find a secondary bedroom with a full bathroom that includes walk-in mudset shower. Continuing down the foyer, a generous formal dining space opens through to the gourmet kitchen, with its walk-in pantry, quartz countertops, and stainless-steel appliances. The family room is bright with high ceilings featuring 2 stories of windows. The owner’s suite is just off of the family room and features a bay window and it opens to the deluxe bath with mudset shower and large soaking tub. The suite has two closets. The open railing staircase leads you upstairs to a very spacious game room and right into your own personal media room with its own powder bath. Across the catwalk, you have 2 bedrooms with a large full bathroom in between them. Schedule today to come view this popular floorplan and home that will be completed in October of 2026!

At $213/sqft, this home is 11% 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

4016 Fulton Dr, Leander, TX 78641

Property Details

Price $684,990
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,221 sqft
Lot Size 0.16 acres (6,973.96 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Edgewood
County Williamson
Zip Code 78641
$/sqft $213/sqft
Days on Market ,
HOA $70/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT238311717
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.

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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 · July 1, 2026 $724,990
Current ask $684,990
Reduced $40,000 (-5.5%) 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 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
1475 Cypress Paul St
Parkside Peninsula
$689,990 $251 4 bd / 5 ba 2,749 sqft , 2026-06-29
1304 Cypress Paul St
Parkside Peninsula
$674,990 $227 5 bd / 4 ba 2,979 sqft , 2026-06-27
1325 Cypress Paul St
Parkside Peninsula
$674,900 $229 4 bd / 4 ba 2,942 sqft , 2026-04-16
1397 Cypress Paul St
Parkside Peninsula
$674,900 $260 4 bd / 3 ba 2,595 sqft , 2026-04-19
1412 Sweet Violet Dr
Wildspring - Arbor Collection
$699,000 $218 4 bd / 4 ba 3,204 sqft , 2026-07-14

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
$3,288/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
$136,998
20% conventional investment loan

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

Estimated Gross Rent+$3,288
Principal + Interest−$3,738
Property Tax (~2.1% TX avg)−$1,199
Insurance (~0.5%)−$285
Est. Monthly Cash Flow $-1,934

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 August 4, 2026.

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