Active Listing  ·  7 days on market

4517 Apollonia Way

Leander, TX 78641
$925,000
4 Bed 4 Bath 4,587 sqft $202/sqft Built 2021 0.30 acres 2-Car Garage Pool TRAVISSO

White stone masonry and stucco construction establish the exterior presence of this two-story contemporary home. A

concrete driveway climbs past the manicured lawn toward the attached garage, while stone pillars frame the covered

front porch and private entrance. This property offers four bedrooms and 3 full bathrooms across 4,587 square feet

of living space on a 0.3-acre lot. High ceilings and wood flooring define the entrance foyer, which features French doors

and window blinds. The open floorplan transitions to a kitchen containing a kitchen island, breakfast bar, stone

counters, and stainless steel appliances, including a double oven, cooktop, range hood, and microwave. A nearby

pantry and a dry bar equipped with a wine refrigerator add dedicated storage. The dining area offers high ceilings and

wood flooring alongside a window overlooking the trees and woods. Inside, French doors lead into a home office with

high ceilings. The bedrooms feature ceiling fans and carpet, tile, or wood flooring, with one bedroom showcasing a tray

ceiling and recessed lighting. In the master bathroom, dual vanities sit adjacent to a soaking tub, a walk-in closet, and

a walk-in shower. A laundry room with tile flooring contains a washer and dryer, while the dedicated home theater

room offers plush carpeting and a ceiling fan. The covered patio with concrete flooring overlooks a grassy back yard

enclosed by wrought iron fencing. Rain gutters trim the shingle roofline, and the private yard borders a terraced stone

retaining wall. This outdoor setting offers views of the surrounding hills, neighborhood, and woods. This Leander

property combines extensive square footage with a functional layout. Schedule a tour to experience this spacious

contemporary home on Apollonia Way.

At $202/sqft, this home is 12% 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

4517 Apollonia Way, Leander, TX 78641

Property Details

Price $925,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 4,587 sqft
Lot Size 0.30 acres (13,054.93 sqft)
Year Built 2021
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision TRAVISSO
County Travis
Zip Code 78641
$/sqft $202/sqft
Days on Market ,
HOA $960/Annually
Annual Tax Est. $20,839.18
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT251627424
List Date November 5, 2026
Elementary School CC Mason
Middle School Running Brushy
High School Leander High
School District Leander ISD

Leander ISD

CC Mason · Running Brushy · Leander High

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
2217 Sondrio Bnd
Travisso Ph 4 Sec 5
$925,000 $202 4 bd / 5 ba 4,588 sqft , 2026-10-16
2505 San Martino Dr
Travisso Ph 2 Sec 1L
$930,000 $238 4 bd / 5 ba 3,909 sqft , 2026-08-31
920 Trevi Fontana Dr
Travisso
$930,000 $203 5 bd / 6 ba 4,582 sqft , 2026-11-06
1505 Novara Trl
Travisso
$919,220 $224 5 bd / 5 ba 4,111 sqft , 2026-07-23
1640 Alasio Dr
Travisso
$905,570 $211 5 bd / 5 ba 4,300 sqft , 2026-07-16

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
$4,440/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
$185,000
20% conventional investment loan

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

Estimated Gross Rent+$4,440
Principal + Interest−$5,048
Property Tax (assumed ~2.1%)−$1,619
Insurance (assumed ~0.5%)−$385
Est. Monthly Cash Flow $-2,612

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

More Luxury Homes in Leander

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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 November 11, 2026.

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

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