About This Home

Charming home with an impressive spiral staircase. This home was certainly designed with you in mind: enjoy a very spacious primary suite, large walk-in closet, and a roomy bathroom with the option to add a soaking tub. While you’re relaxing in your own world, your kids and/or guests can have their own privacy as well. Upstairs is a game room and three secondary bedrooms.

At $209/sqft, this home is 9% below the Leander active market average of $230/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

4021 Waxahachie Rd, Leander, TX 78641

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Property Details

Price $669,889

Status Active Listing

Beds 5

Full Baths 4

Half Baths 1

Living Area 3,200 sqft

Lot Size 0.16 acres (6,756.16 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Edgewood

County Williamson

Zip Code 78641

$/sqft $209/sqft

Days on Market ,

HOA $70/Monthly

Annual Tax Est. $1,223.02

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT251952707

List Date November 6, 2026

Elementary School Tarvin

Middle School Stiles

High School Rouse

School District Leander ISD

School District

Leander ISD

Tarvin · Stiles · Rouse

Have Questions About This Property?

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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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

1421 Cypress Paul St
Parkside Peninsula $674,990 $229 5 bd / 5 ba 2,946 sqft , 2026-05-22

129 Shady Spring Trl
Parkside on the River $679,900 $196 4 bd / 3 ba 3,475 sqft , 2026-10-20

104 Cross Timbers Dr
Parkside/Mayfield Ranch Sec 12 $685,000 $204 4 bd / 4 ba 3,361 sqft , 2026-09-15

4104 Waxahachie Rd
Edgewood $649,990 $188 4 bd / 4 ba 3,456 sqft , 2026-10-07

1017 Sunset Hill Way
Parkside on the River West $649,900 $221 4 bd / 4 ba 2,944 sqft , 2026-03-11

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

$3,215/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

$133,978

20% conventional investment loan

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

Estimated Gross Rent+$3,215

Principal + Interest−$3,656

Property Tax (assumed ~2.1%)−$1,172

Insurance (assumed ~0.5%)−$279

Est. Monthly Cash Flow $-1,892

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 →

About the Author

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 7, 2026.

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

4021 Waxahachie Rd

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Leander, TX

More Luxury Homes in Leander

4021 Waxahachie Rd

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Leander, TX

More Luxury Homes in Leander

Explore Austin Real Estate

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