Active Listing  ·  281 days on market

418 Hernandos Loop

Leander, TX 78641
$297,500
3 Bed 2 Bath 1,799 sqft $165/sqft Built 1978 0.31 acres 1-Car Garage Pool Hernandos Hideaway

Tremendous opportunity to update and make a classic home your own! Wonderful neighborhood with quick access to Austin. Spacious bedrooms, 2 living areas, living/dining room with crown molding, fenced backyard with covered patio and more! This property just needs your personal touch and some updating to make it a fantastic home or investment property.

At $165/sqft, this home is 31% 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

418 Hernandos Loop, Leander, TX 78641

Property Details

Price $297,500
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,799 sqft
Lot Size 0.31 acres (13,503.6 sqft)
Year Built 1978
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Hernandos Hideaway
County Williamson
Zip Code 78641
$/sqft $165/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT209635916
List Date November 7, 2025
Elementary School Whitestone
Middle School Leander Middle
High School Leander High
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
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
902 Moser River Dr
Block House Creek Ph F Sec 01
$299,900 $199 3 bd / 3 ba 1,508 sqft , 2026-07-30
409 Kathleen Ln
Block House Creek
$294,900 $167 4 bd / 2 ba 1,770 sqft , 2026-04-18
1805 Bent Oak Cv
Mason Creek Sec 01
$305,000 $238 3 bd / 2 ba 1,279 sqft , 2026-08-07

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
$1,428/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
$59,500
20% conventional investment loan

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

Estimated Gross Rent+$1,428
Principal + Interest−$1,624
Property Tax (~2.1% TX avg)−$521
Insurance (~0.5%)−$124
Est. Monthly Cash Flow $-841

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 July 18, 2026.

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