Active Listing  ·  41 days on market

4532 Modena Bay Bnd

Leander, TX 78641
$510,000
3 Bed 2 Bath 1,935 sqft $264/sqft Built 2022 0.15 acres 2-Car Garage Pool Travisso

*~15,300 DOWNPAYMENT AVAILABLE SUBJECT TO LENDER APPROVAL* Start your mornings on the front porch, surrounded by the beauty of the Texas Hill Country. End the day unwinding on the back patio with PRIVATE GREENBELT VIEWS. Located in Travisso in Leander, Texas, this one-story Toll Brothers Alden Hill Country home offers 3 bedrooms and 2 baths, blending thoughtful design with an indoor-outdoor lifestyle. A welcoming foyer leads to a dedicated office for work, study, or additional living space. Natural light enhances the open-concept design as the spacious living room and kitchen flow seamlessly together. The chef’s kitchen features quartz countertops, a designer backsplash, abundant cabinetry, a generous center island with an oversized sink, a walk-in pantry, stainless steel appliances, and a Kinetico K5 reverse-osmosis drinking water system. The spacious primary bedroom overlooks the backyard and greenbelt, creating a peaceful retreat. The private bath offers dual vanities, an expanded walk-in shower, additional storage, and a large walk-in closet. Two additional bedrooms share a hall bath with dual vanities, a tub with tile extending to the ceiling, and additional cabinetry. One bedroom is currently styled as an entertainment/game room. A dramatic 12-foot multi-slide glass door opens the living room to an extended covered patio and fully fenced backyard, overlooking greenbelt, creating a scenic backdrop. No immediate rear neighbors, offering added privacy. Thoughtful upgrades include tray ceilings in the welcome foyer, living room and primary bedroom, Gemstone exterior lighting, and a separate laundry room with built-in storage. The two-car garage features a Kinetico Premier XP Q850 non-electric water softener and a Tesla EV charger. Enjoy Travisso amenities including two clubhouses, resort-style pools, fitness facilities, sports courts, playgrounds, scenic trails, and a pond. Nearby access to Lake Travis, Crystal Falls Golf Club, shopping and dining.

At $264/sqft, this home is priced 15% above the Leander active market average of $230/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

4532 Modena Bay Bnd, Leander, TX 78641

Property Details

Price $510,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,935 sqft
Lot Size 0.15 acres (6,621.12 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Travisso
County Travis
Zip Code 78641
$/sqft $264/sqft
Days on Market ,
HOA $90/Monthly
Annual Tax Est. $12,431.68
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248127453
List Date October 2, 2026
Elementary School CC Mason
Middle School Running Brushy
High School Cedar Park
School District Leander ISD

Leander ISD

CC Mason · Running Brushy · Cedar Park

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
1820 Ficuzza Way
Travisso
$499,999 $229 3 bd / 2 ba 2,182 sqft , 2026-06-03
1424 Castalo Ln
Travisso
$525,000 $234 4 bd / 3 ba 2,239 sqft , 2026-04-21
1229 Novara Trl
Travisso - Capri Collection
$549,000 $222 4 bd / 4 ba 2,477 sqft , 2026-09-29
5217 Cosenza Trce
Travisso
$600,000 $239 4 bd / 4 ba 2,513 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
$2,448/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
$102,000
20% conventional investment loan

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

Estimated Gross Rent+$2,448
Principal + Interest−$2,783
Property Tax (assumed ~2.1%)−$893
Insurance (assumed ~0.5%)−$213
Est. Monthly Cash Flow $-1,441

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

Loading…
View All Luxury Homes →
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 7, 2026.

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

Save this home