Active Listing  ·  72 days on market

635 Leaning Rock Rdg

Austin, TX 78737
$924,900
4 Bed 4 Bath 2,895 sqft $319/sqft Built 2026 0.23 acres 3-Car Garage Pool Parten

Extended entry leads to open family room, kitchen and dining area. Family room features sliding glass doors and a wood mantel fireplace. Hardwood floors throughout main living area. Kitchen hosts island with built-in seating space, a 36" commercial 6-burner gas range top, and a double wall oven. Game room with French doors just off family room. Secluded primary suite. Dual vanities, a freestanding tub, separate glass-enclosed shower and two large walk-in closets in primary bath. A Hollywood bath, high ceilings, large windows and abundant closet space add to this one-story design. Extended covered backyard patio. Mud room off three-car garage.

At $319/sqft, this home is 18% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

635 Leaning Rock Rdg, Austin, TX 78737

Property Details

Price $924,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,895 sqft
Lot Size 0.23 acres (9,896.83 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Parten
County Hays
Zip Code 78737
$/sqft $319/sqft
Days on Market ,
HOA $225/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245374653
List Date September 1, 2026
Elementary School Cypress Springs
Middle School Sycamore Springs
High School Dripping Springs
School District Dripping Springs ISD

Dripping Springs ISD

Cypress Springs · Sycamore Springs · Dripping Springs

Luke Allen (TREC #788149) has deep knowledge of Austin 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 · September 1, 2026 $1,049,900
Previous ask $974,900
Current ask $924,900
▼ Reduced $125,000 (-11.9%) 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 Austin

Comparable Listings Right Now

Homes currently for sale in Austin 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
461 Leaning Rock Rdg
Parten
$909,000 $295 4 bd / 5 ba 3,080 sqft , 2026-09-30
649 Leaning Rock Rdg
Parten
$899,900 $312 4 bd / 4 ba 2,885 sqft , 2026-08-11
651 Bird Holw
Parten Ranch
$899,900 $289 4 bd / 4 ba 3,112 sqft , 2026-08-11
384 Leaning Rock Rdg
Parten Ranch Ph 6 & 7
$964,999 $324 4 bd / 4 ba 2,980 sqft , 2026-09-10
229 Fireside Rd
Parten Ranch Ph 5
$879,000 $292 4 bd / 4 ba 3,008 sqft , 2026-10-25

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
$4,440/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
$184,980
20% conventional investment loan

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

Estimated Gross Rent+$4,440
Principal + Interest−$5,048
Property Tax (assumed ~2.1%)−$1,619
Insurance (assumed ~0.5%)−$385
Est. Monthly Cash Flow $-2,612

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 Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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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 4, 2026.

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

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