Active Listing  ·  6 days on market

409 Gridiron Cv

Leander, TX 78641
$574,900
3 Bed 2 Bath 2,091 sqft $275/sqft Built 2024 0.16 acres 3-Car Garage Pool Horizon Lake Ph 4 Sec 2

**Lake Views, Stunning Sunsets, Single-Story Living & $150K+ in Upgrades!** Built in 2024 by Taylor Morrison, this exceptional 3-bedroom, 2-bath home with a versatile bonus room is perfectly positioned on a premium cul-de-sac lot overlooking Horizon Lake. Mature trees frame breathtaking lake views and sunsets, creating a peaceful backdrop with nearby access to hiking and biking trails.

The flexible bonus room is ideal for an office, media room, playroom or additional living space. Move-in ready and thoughtfully upgraded, the home includes the refrigerator, washer and dryer, plus an outdoor hot tub.

The professionally landscaped backyard features artificial turf and an expansive 20' x 24' extended patio designed for year-round enjoyment. A 12' x 14' pergola with adjustable louvers, screens on all four sides and motorized shades off the patio allows the space to be fully enclosed, creating a true outdoor living area for entertaining, relaxing or enjoying the scenery in any season. The 8' x 8' hot tub creates the perfect setting to unwind while taking in the lake views and spectacular sunsets.

Additional upgrades include Leaf Filter gutter protection, epoxy garage flooring, whole-house water filtration, tile and luxury vinyl plank flooring throughout, and overhead garage storage racks. The 3-car tandem garage provides abundant parking and storage.

Located in a highly desirable area with easy access to 183, this home offers a rare combination of tranquil lake views, exceptional outdoor living, extensive upgrades and convenient access to shopping, dining, recreation and more. Enjoy the privacy of a premium cul-de-sac setting while remaining close to everything you need. A beautifully finished, truly move-in-ready home in a special setting where everyday living feels like a retreat.

At $275/sqft, this home is priced 15% above the Leander active market average of $239/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

409 Gridiron Cv, Leander, TX 78641

Property Details

Price $574,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,091 sqft
Lot Size 0.16 acres (7,013.16 sqft)
Year Built 2024
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Horizon Lake Ph 4 Sec 2
County Williamson
Zip Code 78641
$/sqft $275/sqft
Days on Market ,
HOA $50/Monthly
Annual Tax Est. $11,011.36
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243892675
List Date August 18, 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
408 Starlight Village Loop
Starlight Village
$645,000 $288 3 bd / 4 ba 2,243 sqft , 2026-07-15
408 Hazelwood St #116
Hazelwood Village
$485,000 $236 3 bd / 3 ba 2,054 sqft , 2026-04-08
912 Canvasback Creek Dr
Magnolia Creek
$475,000 $179 4 bd / 3 ba 2,653 sqft , 2026-08-18
913 Water Hyacinth Loop
Crystal Crossing Ph 1
$469,900 $170 4 bd / 3 ba 2,762 sqft , 2026-08-14
905 Bliss Ln
Leander Crossing
$695,000 $278 3 bd / 2 ba 2,503 sqft , 2026-08-06

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
$2,760/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
$114,980
20% conventional investment loan

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

Estimated Gross Rent+$2,760
Principal + Interest−$3,137
Property Tax (~2.1% TX avg)−$1,006
Insurance (~0.5%)−$240
Est. Monthly Cash Flow $-1,623

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 August 22, 2026.

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