About This Home

This 4-bedroom, 2.5-bathroom home offers an open concept kitchen, dining & living room area, sturdy vinyl flooring throughout, laundry room inside, 2 car garage, covered porch & patio and all bedrooms upstairs. Conveniently located in Leander, this home is an opportunity to make the space your own. Schedule a showing to view the property and evaluate its features, layout, and condition.

At $206/sqft, this home is 13% below the Leander active market average of $237/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

424 Turnbuckle Bnd, Leander, TX 78641

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Property Details

Price $449,900

Status Active Listing

Beds 4

Full Baths 2

Half Baths 1

Living Area 2,179 sqft

Lot Size 0.11 acres (4,791.6 sqft)

Year Built 2022

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Horizon Lk Ph I Sec 1

County Williamson

Zip Code 78641

$/sqft $206/sqft

Days on Market ,

HOA $40/Monthly

Annual Tax Est. $11,777.82

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT247879218

List Date September 24, 2026

Elementary School Pleasant Hill

Middle School Knox Wiley

High School Rouse

School District ,

Have Questions About This Property?

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.

Schedule a Call →

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

913 Water Hyacinth Loop
Crystal Crossing Ph 1 $449,900 $163 4 bd / 3 ba 2,762 sqft , 2026-08-14

301 Harbors Ln
Horizon Lake Ph 1 Sec 1 $460,000 $214 4 bd / 3 ba 2,153 sqft , 2026-09-25

1201 Drake Cv
Woods At Mason Creek 02 Sec 04 $435,000 $166 4 bd / 3 ba 2,614 sqft , 2026-07-18

909 Lily Pad None
Crystal Crossing $430,000 $177 3 bd / 3 ba 2,432 sqft , 2026-01-04

912 Canvasback Creek Dr
Magnolia Creek $470,000 $177 4 bd / 3 ba 2,653 sqft , 2026-08-18

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

$2,160/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

$89,980

20% conventional investment loan

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

Estimated Gross Rent+$2,160

Principal + Interest−$2,455

Property Tax (~2.1% TX avg)−$787

Insurance (~0.5%)−$187

Est. Monthly Cash Flow $-1,269

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 →

About the Author

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 September 26, 2026.

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

424 Turnbuckle Bnd

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Leander, TX

More Luxury Homes in Leander

424 Turnbuckle Bnd

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Leander, TX

More Luxury Homes in Leander

Explore Austin Real Estate