Active Listing  ·  156 days on market

701 Los Robles Rd

Leander, TX 78641
$320,000
3 Bed 2 Bath 1,572 sqft $204/sqft Built 2003 0.17 acres 2-Car Garage Pool Estates of North Creek Ranch Sec 02

This Beautifully Maintained 1-story, 3-bedroom, 2-bath Home Offers An Inviting Open Floor Plan With Abundant Natural Light and the Living Area is Anchored by a Cozy Gas Fireplace. All Open Area Floors Are Vinyl Plank. Located in Estates North Creek Ranch the Home Is Within Walking Distance to Jim Plain Elementary. And Is Not Far To Leander Light Rail Station with St. David’s Hospital & Austin Community College Nearby. The Estates of North Creek Ranch Subdivision Has All Utilities Underground. The Home Features A Breakfast Bar & Kitchen Stainless Steel Appliances Including Gas Stove With Oven, Microwave & Refrigerator. A Large Primary Bedroom With Walk-in Closet, Utility Closet & Full Bath. The Laundry Room is Nearby With Both Gas & Electric Hook Ups. Ceiling Fans Located Throughout the Home. Step Outside to a Covered and Extended Back Patio Offering a Great Setup Area for Out Door Dining or Entertaining with a Large Playscape Setup for Kids or Grand Kids Play. This Property Has Full Yard Sprinklers. A Two Car Garage Offers Parking & Storage Space While Pull Down Stairs Offers Additional Storage Space with Installed Flooring in the Attic.

At $204/sqft, this home is 15% 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

701 Los Robles Rd, Leander, TX 78641

Property Details

Price $320,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,572 sqft
Lot Size 0.17 acres (7,213.54 sqft)
Year Built 2003
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Estates of North Creek Ranch Sec 02
County Williamson
Zip Code 78641
$/sqft $204/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,432
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT220429979
List Date March 13, 2026
Elementary School Jim Plain
Middle School Leander Middle
High School Rouse
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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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
1316 Hensley Dr
Benbrook Ranch Sec 02 Ph 01
$319,000 $174 3 bd / 3 ba 1,829 sqft , 2026-07-17
1653 Coral Sunrise Trl
Retreat/Hero Way
$324,999 $159 4 bd / 3 ba 2,046 sqft , 2026-03-23
1005 W South St
Westview Meadows Ph 01
$315,000 $157 3 bd / 2 ba 2,001 sqft , 2026-05-27
600 Sparkling Brook Ln
NORTH CREEK SEC 3A
$315,000 $269 3 bd / 2 ba 1,172 sqft , 2026-08-04
824 Tabernash Dr
Savanna Ranch
$325,000 $194 3 bd / 2 ba 1,675 sqft , 2026-06-12

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
$1,536/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
$64,000
20% conventional investment loan

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

Estimated Gross Rent+$1,536
Principal + Interest−$1,746
Property Tax (~2.1% TX avg)−$560
Insurance (~0.5%)−$133
Est. Monthly Cash Flow $-903

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 July 10, 2026.

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