Active Listing  ·  145 days on market

405 Mountain Sky Bnd

Leander, TX 78641
$419,900
4 Bed 3 Bath 1,942 sqft $216/sqft Built 2022 2-Car Garage Pool ROSENBUSCH RANCH

The unique Prescott plan is a single story 1,942 sq. ft home offering 4 bedrooms, a game room and 2.5 baths. LOWEST taxes in the area. This home features a 8-foot entry door, long front porch, and foyer that lead to the game room space. At the front of the home, you'll find the three extra bedrooms, full bath, mud room and utility room, and the half bath. Continuing to the back of the home, you'll enter the large family space that flows into the wide-open kitchen and large kitchen island. The kitchen features quartz countertops, a walk-in pantry, stainless steel appliances and decorative tile backsplash. Next to the kitchen is the intimate dining space and outdoor covered patio. Upgrades Galore. Originally Phase with upgraded features vs today's new builds. 8ft Doors, 42inch Cabinets,10ft ceilings, just to name a few.

At $216/sqft, this home is 10% 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

405 Mountain Sky Bnd, Leander, TX 78641

Property Details

Price $419,900
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 1,942 sqft
Lot Size ,
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision ROSENBUSCH RANCH
County Williamson
Zip Code 78641
$/sqft $216/sqft
Days on Market ,
HOA $70/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT221624725
List Date March 23, 2026
Elementary School Camacho
Middle School Leander Middle
High School Glenn
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
1624 Coral Sunrise Trl
Retreat at Hero Way
$420,000 $165 5 bd / 5 ba 2,544 sqft , 2026-08-07
640 Loma Cedro Bnd
Vista Ridge
$415,000 $167 3 bd / 2 ba 2,487 sqft , 2026-07-10
432 Tinto St
ROSENBUSCH RANCH
$429,000 $178 4 bd / 3 ba 2,412 sqft , 2026-04-30
1309 Patito Pl
Villas at Vista Ridge
$439,900 $189 3 bd / 3 ba 2,325 sqft , 2026-05-23
1524 Uhland Dr
Mason Ranch Ph 1 Sec 2
$439,900 $183 4 bd / 3 ba 2,402 sqft , 2026-05-27

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
$2,016/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
$83,980
20% conventional investment loan

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

Estimated Gross Rent+$2,016
Principal + Interest−$2,292
Property Tax (~2.1% TX avg)−$735
Insurance (~0.5%)−$175
Est. Monthly Cash Flow $-1,186

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

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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 June 9, 2026.

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