Active Listing  ·  88 days on market

4721 Modena Bay Bnd

Leander, TX 78641
$895,000
4 Bed 5 Bath 3,721 sqft $241/sqft Built 2023 0.28 acres 3-Car Garage Pool Travisso

Stunning two story home located in a cul-de-sac in the highly sought-after Travisso community in the Texas Hill Country. Offering 3721 sq ft, 4 bedrooms, and 4.5 baths. This home features tall ceilings, abundant natural light and an open-concept living, kitchen, and breakfast area. A formal dining room adds elegance, while the main level includes a spacious primary suite with spa-like bath and dual walk-in closets, a guest suite with full bath, private office, and large laundry room. Upstairs offers a game room, media room, 2 bedrooms, and 2 full baths. Enjoy the covered back Patio. Wrought iron fencing and green belt. 3-car tandem garage, abundant storage, and Hill Country view from the front.

At $241/sqft, this home is priced in line with the Leander market average of $239/sqft across 674 active listings. View Austin market report →

Location

4721 Modena Bay Bnd, Leander, TX 78641

Property Details

Price $895,000
Status Active Listing
Beds 4
Full Baths 4
Half Baths 1
Living Area 3,721 sqft
Lot Size 0.28 acres (12,222.94 sqft)
Year Built 2023
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Travisso
County Travis
Zip Code 78641
$/sqft $241/sqft
Days on Market ,
HOA $1,080/Annually
Annual Tax Est. $20,695.7
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT230436525
List Date May 21, 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 · May 21, 2026 $959,000
Previous ask $899,000
Current ask $895,000
Reduced $64,000 (-6.7%) 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
1045 Siena Sunset None
Travisso Ph 3 Sec 8
$899,000 $224 5 bd / 5 ba 4,018 sqft , 2026-04-09
4601 Apollonia Way
Travisso Ph 3 Sec 5
$899,000 $198 4 bd / 5 ba 4,551 sqft , 2026-03-09
1316 Da Vinci Trl
Travisso Ph 3 Sec 4
$899,999 $197 5 bd / 6 ba 4,579 sqft , 2026-04-07
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
$4,296/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
$179,000
20% conventional investment loan

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

Estimated Gross Rent+$4,296
Principal + Interest−$4,884
Property Tax (~2.1% TX avg)−$1,566
Insurance (~0.5%)−$373
Est. Monthly Cash Flow $-2,527

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 · 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 9, 2026.

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