Active Listing  ·  2 days on market

520 Kaluga Trl

Leander, TX 78641
$385,000
4 Bed 2 Bath 2,040 sqft $189/sqft Built 2016 0.17 acres 2-Car Garage Pool MAGNOLIA CREEK

Beautifully upgraded 4-bedroom home in the heart of Leander offering the perfect combination of style, space, and convenience! Step inside to an inviting open-concept floor plan featuring high ceilings, large picture windows for great natural light, and gorgeous upgraded wood-look tile flooring throughout the home (NO carpet anywhere!). Updated LED lights with dimmers. The spacious kitchen is the heart of the home, featuring abundant cabinetry, miles of granite countertops, an oversized walk-in pantry, and a uniquely shaped center island that offers plenty of room for meal prep, casual dining, or homework. Generously sized dining area is perfect for entertaining, hosting holiday dinners, and gathering with friends and family! With four spacious bedrooms, this home offers incredible flexibility for your lifestyle. Whether you need a home office, craft room, guest room, or additional space for hobbies, there's room for it all! The private primary suite is tucked away at the back of the home and features a spacious ensuite bath with an oversized super shower and walk-in closet. Step outside to a large, fully fenced in backyard with plenty of room for outdoor entertaining, weekend BBQs, gardening, or simply relaxing while your four-legged family members enjoy the space. 4 year old roof! Situated in Central Leander, you're just minutes away from shopping, restaurants, and everyday conveniences. Enjoy the community's amenities including a pool, parks, and trails, plus the added bonus of being next to a greenbelt area, perfect for morning walks, evening strolls, or walking the dog. Beautiful upgrades, flexible living spaces, a fantastic backyard, and a convenient location make this home one you won't want to miss!

At $189/sqft, this home is 18% 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

520 Kaluga Trl, Leander, TX 78641

Property Details

Price $385,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 2,040 sqft
Lot Size 0.17 acres (7,230.96 sqft)
Year Built 2016
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision MAGNOLIA CREEK
County Williamson
Zip Code 78641
$/sqft $189/sqft
Days on Market ,
HOA $49/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT252251975
List Date November 10, 2026
Elementary School Camacho
Middle School Leander Middle
High School Rouse
School District Leander ISD

Leander ISD

Camacho · Leander Middle · Rouse

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
1710 Greening Way
Mason Creek Sec 01
$381,000 $178 4 bd / 3 ba 2,146 sqft , 2026-09-01
709 American Trl #58
Trails/Leander Condos
$395,000 $158 4 bd / 3 ba 2,499 sqft , 2026-09-15
111 Dove Song Dr
Old Town Village Sec 03
$370,000 $158 3 bd / 3 ba 2,347 sqft , 2026-06-14
740 Aliso Trl
Trails At Leander Condo
$365,000 $146 3 bd / 3 ba 2,494 sqft , 2026-09-15
509 Rancho Verde Dr
Villas at Vista Ridge
$355,000 $154 4 bd / 3 ba 2,312 sqft , 2026-10-13

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
$1,848/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
$77,000
20% conventional investment loan

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

Estimated Gross Rent+$1,848
Principal + Interest−$2,101
Property Tax (assumed ~2.1%)−$674
Insurance (assumed ~0.5%)−$160
Est. Monthly Cash Flow $-1,087

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 November 11, 2026.

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

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