Active Listing  ·  161 days on market

4601 Apollonia Way

Leander, TX 78641
$899,000
4 Bed 5 Bath 4,551 sqft $198/sqft Built 2021 0.28 acres 3-Car Garage Pool Travisso Ph 3 Sec 5

SELLER WILL CONSIDER FUNDING A BUYER’S 2-1 INTEREST RATE BUY-DOWN WITH AN ACCEPTABLE OFFER. Beautiful two-story home in the highly sought-after Travisso community offering 4,551 sq ft, 4 bedrooms, 4.5 baths, and a spacious layout designed for both everyday living and entertaining. The main level features tall ceilings, abundant natural light, neutral finishes, a private office, formal dining room, guest suite with full bath, and a large primary suite with a spa-like bath and dual walk-in closets.

The open-concept kitchen, breakfast area, and living room create an inviting central gathering space with a gas fireplace, built-in appliances, and an oversized restaurant-grade built-in refrigerator and freezer. Upstairs includes a game room, media room, 2 additional bedrooms, and 2 full baths, providing plenty of space for guests, hobbies, and entertainment.

Additional features include front and back porches, wrought iron fencing, a 3-car tandem garage, abundant storage. Located in the Texas Hill Country, Travisso is known for its resort-style amenities, including a pool, fitness center, clubhouse, playgrounds, tennis courts, trails, and community gathering spaces.

At $198/sqft, this home is 17% 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

4601 Apollonia Way, Leander, TX 78641

Property Details

Price $899,000
Status Active Listing
Beds 4
Full Baths 4
Half Baths 1
Living Area 4,551 sqft
Lot Size 0.28 acres (12,153.24 sqft)
Year Built 2021
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Travisso Ph 3 Sec 5
County Travis
Zip Code 78641
$/sqft $198/sqft
Days on Market ,
HOA $960/Annually
Annual Tax Est. $15,461.67
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT221921066
List Date March 9, 2026
Elementary School CC Mason
Middle School Running Brushy
High School Cedar Park
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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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 · March 9, 2026 $949,000
Current ask $899,000
Reduced $50,000 (-5.3%) 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
1045 Siena Sunset None
Travisso Ph 3 Sec 8
$899,000 $224 5 bd / 5 ba 4,018 sqft , 2026-04-09
1316 Da Vinci Trl
Travisso Ph 3 Sec 4
$899,999 $197 5 bd / 6 ba 4,579 sqft , 2026-04-07
4721 Modena Bay Bnd
Travisso
$895,000 $241 4 bd / 5 ba 3,721 sqft , 2026-05-21
1517 Bardella Dr
Travisso
$885,000 $221 5 bd / 5 ba 4,000 sqft , 2026-07-24
1524 Novara Trl
Travisso
$878,706 $209 5 bd / 5 ba 4,206 sqft , 2026-03-09

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
$4,315/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
$179,800
20% conventional investment loan

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

Estimated Gross Rent+$4,315
Principal + Interest−$4,906
Property Tax (~2.1% TX avg)−$1,573
Insurance (~0.5%)−$375
Est. Monthly Cash Flow $-2,539

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 · 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 August 7, 2026.

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