Active Listing  ·  20 days on market

4020 Fulton Dr

Leander, TX 78641
$612,990
4 Bed 3 Bath 2,821 sqft $217/sqft Built 2026 0.16 acres 2-Car Garage Pool New Construction Edgewood

Our wonderful Franklin-II plan meets your family's need for functionalality, in a well designed living space. It's a beautiful, open concept 2 story home, with a study just off of the foyer. Next, you'll find a spacious secondary bedroom(14'6" x 11"), and a full bath with walk-in mudset shower. The owner's suite is just off the family room and it features a beautiful bay window, a massive closet, and bright bathroom with a dual vanity bathroom with a large walk-in shower decked out in tiles to ceiling. The kitchen features dark wood cabinets, with satin nickel hardware, a gourmet kitchen, large L-shaped walk-in pantry, and an extended banquet cabinet. The countertops are beautiful veined quartz. The flooring throughout the common areas has been upgraded to light colored vinyl. Upstairs you'll find 2 bedrooms, one of which is 14' x 12' and a large bathroom with dual vanities. A large 65' wide beautiful backyard features an extended covered patio with a gas line perfect for outdoor cooking and entertaining. This beautiful home will be ready in October. Visit today!

Interior images that they are representative of the Franklin II plan.

At $217/sqft, this home is 9% 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

4020 Fulton Dr, Leander, TX 78641

Property Details

Price $612,990
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,821 sqft
Lot Size 0.16 acres (6,969.6 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Edgewood
County Williamson
Zip Code 78641
$/sqft $217/sqft
Days on Market ,
HOA $70/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT241393141
List Date July 27, 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 →

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
821 Purmela St
Edgewood
$619,990 $223 4 bd / 4 ba 2,785 sqft , 2026-07-27
101 Canyon Lake Ln
Parkside at Mayfield Ranch
$623,500 $207 4 bd / 3 ba 3,012 sqft , 2026-07-09
1465 Cypress Paul St
Parkside Peninsula
$624,900 $244 4 bd / 4 ba 2,561 sqft , 2026-04-05
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

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
$2,942/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
$122,598
20% conventional investment loan

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

Estimated Gross Rent+$2,942
Principal + Interest−$3,345
Property Tax (~2.1% TX avg)−$1,073
Insurance (~0.5%)−$255
Est. Monthly Cash Flow $-1,731

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

More Luxury Homes in Leander

Loading…
View All Luxury Homes →
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 →