Active Listing  ·  76 days on market

428 Landing Ln

Leander, TX 78641
$685,000
5 Bed 4 Bath 4,226 sqft $162/sqft Built 2020 0.18 acres 3-Car Garage Pool Hawkes Lndg Ph 4

Welcome to 428 Landing Lane, a beautifully designed 5-bedroom, 3.5-bath home offering 4,226 square feet of flexible living in Leander’s Hawkes Landing community. The main level features a private primary suite, dedicated office, formal dining room, and an open kitchen with granite countertops, a large center island, gas cooking, and clear sightlines into the living and dining areas. Upstairs, multiple living spaces provide plenty of flexibility for a game room, media room, playroom, or guest retreat. Additional highlights include wood, tile, and vinyl flooring, smart-home features, owned water softener, wired speakers, a three-car garage, and a covered patio overlooking the fenced backyard. The media room setup, solar panels, and solar battery convey with the property. Residents also enjoy access to the community pool, all within Leander ISD and convenient to shopping, dining, and everyday necessities.

At $162/sqft, this home is 30% 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

428 Landing Ln, Leander, TX 78641

Property Details

Price $685,000
Status Active Listing
Beds 5
Full Baths 3
Half Baths 1
Living Area 4,226 sqft
Lot Size 0.18 acres (7,701.41 sqft)
Year Built 2020
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Hawkes Lndg Ph 4
County Williamson
Zip Code 78641
$/sqft $162/sqft
Days on Market ,
HOA $502/Annually
Annual Tax Est. $13,724.59
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244527845
List Date August 28, 2026
Elementary School Bagdad
Middle School Danielson
High School Glenn
School District Leander ISD

Leander ISD

Bagdad · Danielson · Glenn

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 · August 28, 2026 $690,000
Current ask $685,000
▼ Reduced $5,000 (-0.7%) 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
1808 Camay St
Carneros Ranch
$679,900 $191 4 bd / 5 ba 3,569 sqft , 2026-06-18
1916 Windy River Path
Hawkes Landing
$699,990 $160 6 bd / 4 ba 4,364 sqft , 2026-10-13
2017 Semillon St
Carneros Ranch
$710,000 $203 5 bd / 4 ba 3,490 sqft , 2026-09-10
1800 Camay St
Carneros Ranch
$710,724 $253 4 bd / 3 ba 2,807 sqft , 2026-07-24
916 Landing Ln
Hawkes Landing
$649,990 $183 5 bd / 4 ba 3,561 sqft , 2026-10-13

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
$3,288/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
$137,000
20% conventional investment loan

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

Estimated Gross Rent+$3,288
Principal + Interest−$3,738
Property Tax (assumed ~2.1%)−$1,199
Insurance (assumed ~0.5%)−$285
Est. Monthly Cash Flow $-1,934

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 October 9, 2026.

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

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