Active Listing  ·  6 days on market

405 Fairfield Loop

Leander, TX 78641
$375,000
3 Bed 2 Bath 1,938 sqft $193/sqft Built 2002 0.29 acres 2-Car Garage Pool Horizon Park Sec 5

Welcome to 405 Fairfield Loop, a charming three-bedroom, two-bath home in the established Horizon Park community of Leander. This thoughtfully designed home offers comfortable living spaces and a backyard made for enjoying the Texas sunshine.

Inside, the spacious living room is centered around a cozy fireplace, while a separate dining area provides plenty of room for everyday meals or entertaining. The kitchen features stainless steel appliances and opens easily to the surrounding living spaces. Just off the primary suite, a spacious home office offers a quiet, private place to work or study.

The primary suite features a tray ceiling and an ensuite bath with a separate shower and soaking tub. Two additional bedrooms and a second full bath provide flexible space for guests, hobbies, or additional workspace.

Step outside to a private backyard retreat featuring a covered patio, inviting swimming pool, and storage shed—an ideal setup for relaxing, entertaining, and enjoying warm Texas days.

Conveniently located near shopping, dining, major roadways, and Leander ISD schools, 405 Fairfield Loop combines a functional floor plan, desirable outdoor living, and a convenient Leander location.

At $193/sqft, this home is 19% below the Leander active market average of $237/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

405 Fairfield Loop, Leander, TX 78641

Property Details

Price $375,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,938 sqft
Lot Size 0.29 acres (12,519.14 sqft)
Year Built 2002
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Horizon Park Sec 5
County Williamson
Zip Code 78641
$/sqft $193/sqft
Days on Market ,
HOA $85/Quarterly
Annual Tax Est. $7,921.51
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246123438
List Date September 16, 2026
Elementary School Pleasant Hill (Leander ISD)
Middle School Knox Wiley
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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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
1101 Downridge Dr
Ridgewood South Ph 02
$379,900 $176 4 bd / 2 ba 2,160 sqft , 2026-09-14
16201 Mones Ln
Block House Creek Sec 502
$369,000 $157 3 bd / 2 ba 2,343 sqft , 2026-07-20
1903 S West Dr
County Glen Sec 01
$365,000 $218 4 bd / 2 ba 1,676 sqft , 2026-09-15
16601 Jadestone Dr
Block House Crk Ph E Sec 504
$354,500 $206 3 bd / 2 ba 1,725 sqft , 2026-08-13
420 Starlight Village Loop #17
Starlight Village Condos
$399,000 $281 2 bd / 2 ba 1,418 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
$1,800/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
$75,000
20% conventional investment loan

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

Estimated Gross Rent+$1,800
Principal + Interest−$2,047
Property Tax (~2.1% TX avg)−$656
Insurance (~0.5%)−$156
Est. Monthly Cash Flow $-1,059

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 September 17, 2026.

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