Active Listing  ·  56 days on market

407 Chaparral Dr

Leander, TX 78641
$418,900
4 Bed 2 Bath 2,345 sqft $179/sqft Built 2013 0.16 acres 2.5-Car Garage Pool Vista Ridge Ph 03

Enjoy single story living with neighborhood amenities close at hand in Leander’s Vista Ridge community! This 4 bedroom, 2 bath home offers approximately 2,345 square feet, providing space for everyday living, hosting guests, or a home office. The primary bedroom is separate from the other bedrooms for added privacy and features a full ensuite bath and a large walk in closet. The community pool is conveniently located across the street, while neighborhood walking trails and a community park offer more ways to enjoy the outdoors. Built in 2013, the home features a front porch and a 2.5 car garage on an approximately 0.16 acre lot. The garage accommodates two cars with additional space for storage or a workshop. Refrigerator included. Located within Leander ISD, this home combines the convenience of one level living with access to inviting community spaces. Schedule your showing today!

At $179/sqft, this home is 22% 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

407 Chaparral Dr, Leander, TX 78641

Property Details

Price $418,900
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 2,345 sqft
Lot Size 0.16 acres (7,143.84 sqft)
Year Built 2013
Garage 2.5 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Vista Ridge Ph 03
County Williamson
Zip Code 78641
$/sqft $179/sqft
Days on Market ,
HOA $420/Annually
Annual Tax Est. $7,947.1
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246984736
List Date September 17, 2026
Elementary School Camacho
Middle School Leander Middle
High School Leander High
School District Leander ISD

Leander ISD

Camacho · Leander Middle · Leander High

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 · September 17, 2026 $419,900
Current ask $418,900
▼ Reduced $1,000 (-0.2%) 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
1613 Sonny Dr
Mason Ranch Ph 1 Sec 7 & Sec 8
$419,000 $174 3 bd / 3 ba 2,402 sqft , 2026-08-28
641 Nickle Creek Cv
ROSENBUSCH RANCH
$425,000 $176 4 bd / 3 ba 2,412 sqft , 2026-10-23
441 Eagle Canyon Dr
Rosenbusch Ranch
$426,590 $203 4 bd / 2 ba 2,105 sqft , 2026-08-13
2137 Spokane Dr
Cedar Brook
$427,000 $169 4 bd / 3 ba 2,534 sqft , 2026-08-07
432 Tinto St
ROSENBUSCH RANCH
$429,000 $178 4 bd / 3 ba 2,412 sqft , 2026-04-30

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
$2,011/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
$83,780
20% conventional investment loan

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

Estimated Gross Rent+$2,011
Principal + Interest−$2,286
Property Tax (assumed ~2.1%)−$733
Insurance (assumed ~0.5%)−$175
Est. Monthly Cash Flow $-1,183

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 · 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 2, 2026.

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

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