Active Listing  ·  30 days on market

509 Rancho Verde Dr

Leander, TX 78641
$355,000
4 Bed 3 Bath 2,312 sqft $154/sqft Built 2015 0.12 acres 2-Car Garage Pool Villas at Vista Ridge

Recently refreshed and move-in ready! Improvements include fresh interior paint throughout, new carpet on the stairs and upper level, updated LVP flooring in the downstairs bedrooms and closets, LED lighting, and refreshed interior and exterior finishes. Brand New Microwave! Extensive cleaning, maintenance, and landscaping improvements further enhance the home's appeal. This two-story home offers a functional floor plan with a main-level primary suite, an open kitchen and living area, and a spacious upstairs game room. Located in the Villas at Vista Ridge community in Leander, with convenient access to shopping, dining, grocery stores, and US-183. Enjoy nearby Robin Bledsoe Park within walking distance, the Leander Public Library, and local recreational facilities. Located within Leander ISD. Schedule your showing today!

At $154/sqft, this home is 33% 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

509 Rancho Verde Dr, Leander, TX 78641

Property Details

Price $355,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,312 sqft
Lot Size 0.12 acres (5,096.52 sqft)
Year Built 2015
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Villas at Vista Ridge
County Williamson
Zip Code 78641
$/sqft $154/sqft
Days on Market ,
HOA $15.83/Monthly
Annual Tax Est. $8,010.38
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249148368
List Date October 13, 2026
Elementary School Camacho
Middle School Leander Middle
High School Leander High
School District Leander ISD

Leander ISD

Camacho · Leander Middle · 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.

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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
703 Sparkling Brook Ln
North Creek Sec 03B
$359,990 $193 3 bd / 3 ba 1,864 sqft , 2026-06-18
1712 Uhland Dr
Mason Ranch Ph 1 Sec 3
$350,000 $120 3 bd / 3 ba 2,922 sqft , 2026-02-05
211 Banner Ave
Westview Mdws Ph 03 Final
$350,000 $156 4 bd / 3 ba 2,241 sqft , 2026-04-17
2014 Woodway Dr
Westwood Sec 05
$350,000 $129 4 bd / 3 ba 2,710 sqft , 2026-07-22
644 Peregrine Way
Vista Ridge
$350,000 $187 3 bd / 2 ba 1,868 sqft , 2026-08-21

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
$1,704/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
$71,000
20% conventional investment loan

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

Estimated Gross Rent+$1,704
Principal + Interest−$1,937
Property Tax (assumed ~2.1%)−$621
Insurance (assumed ~0.5%)−$148
Est. Monthly Cash Flow $-1,002

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 24, 2026.

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

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