Active Listing  ·  119 days on market

409 Kathleen Ln

Leander, TX 78641
$294,900
4 Bed 2 Bath 1,770 sqft $167/sqft Built 1986 0.15 acres 2-Car Garage Pool Block House Creek

At 409 Kathleen LN, Leander TX 78641, this house is grandfathered out of the HOA, so residents have access to all amenities with no additional cost or HOA dues! A single family residence that presents itself as an inviting home, thoroughly ready for immediate enjoyment. The entire roof has been replaced and the foundation repaired in April with transferable warranties on both. The living room offers a comforting expanse, featuring a welcoming fireplace that provides a focal point for relaxation. This space is further enhanced by its high ceiling and a vaulted ceiling, creating an airy atmosphere that invites peaceful moments. Within the kitchen, an appealing backsplash complements the practical design, while the kitchen peninsula offers a convenient area for meal preparation and casual gatherings. The stone countertops contribute to a refined aesthetic, providing both durability and a pleasing surface for culinary endeavors. This home comprises four bedrooms, providing ample private retreats, alongside two bathrooms designed for convenience. One of the bedrooms includes an ensuite bathroom, offering a private sanctuary, and one of the bathrooms features a double vanity, enhancing daily routines with its thoughtful design. Beyond the interior, the property provides practical amenities for outdoor living, including a fenced backyard that ensures a private setting. A patio extends the living space outdoors, perfect for enjoying the open air. A two-space garage provides protected parking and storage. Envision a life of comfort and practicality unfolding within the welcoming spaces of this thoughtfully prepared home.

At $167/sqft, this home is 30% 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

409 Kathleen Ln, Leander, TX 78641

Property Details

Price $294,900
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,770 sqft
Lot Size 0.15 acres (6,577.56 sqft)
Year Built 1986
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Block House Creek
County Williamson
Zip Code 78641
$/sqft $167/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,319.58
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT226924143
List Date April 18, 2026
Elementary School Block House
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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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 · April 18, 2026 $339,900
Previous ask $299,900
Current ask $294,900
Reduced $45,000 (-13.2%) 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
418 Hernandos Loop
Hernandos Hideaway
$297,500 $165 3 bd / 2 ba 1,799 sqft , 2025-11-07
2402 Susan Ln
Settlement/Block Hse Crk Sec 0
$298,990 $219 3 bd / 2 ba 1,368 sqft , 2026-06-30
1910 Ireland Dr
County Glen Sec 08
$299,000 $215 4 bd / 3 ba 1,392 sqft , 2026-07-30
101 Presidio Dr
Horizon Park Sec 1
$289,900 $187 3 bd / 2 ba 1,547 sqft , 2026-07-08
902 Moser River Dr
Block House Creek Ph F Sec 01
$299,900 $199 3 bd / 3 ba 1,508 sqft , 2026-07-30

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
$1,416/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
$58,980
20% conventional investment loan

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

Estimated Gross Rent+$1,416
Principal + Interest−$1,609
Property Tax (~2.1% TX avg)−$516
Insurance (~0.5%)−$123
Est. Monthly Cash Flow $-832

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 13, 2026.

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