Active Listing  ·  47 days on market

703 Sparkling Brook Ln

Leander, TX 78641
$359,990
3 Bed 3 Bath 1,864 sqft $193/sqft Built 2000 0.16 acres 2-Car Garage Pool North Creek Sec 03B

Welcome to 703 Sparkling Brook in the heart of Leander! This beautifully maintained home stands out with its unique eclectic design touches, creating a warm and inviting atmosphere full of character. Thoughtfully updated throughout, the home features no carpet, offering a clean, modern look and easy maintenance.

Enjoy peace of mind with a recent HVAC system and water heater, both covered by transferable warranties for added value and confidence. The open and functional floor plan provides comfortable living spaces perfect for everyday life and entertaining alike.

Conveniently located near shopping, dining, parks, and top-rated schools, this move-in-ready home combines style, comfort, and important mechanical updates in one exceptional package. Don't miss the opportunity to make this distinctive Leander home your own!

At $193/sqft, this home is 20% below the Leander active market average of $241/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

703 Sparkling Brook Ln, Leander, TX 78641

Property Details

Price $359,990
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,864 sqft
Lot Size 0.16 acres (7,091.57 sqft)
Year Built 2000
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision North Creek Sec 03B
County Williamson
Zip Code 78641
$/sqft $193/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,994.38
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236781735
List Date June 18, 2026
Elementary School Bagdad
Middle School Danielson
High School Glenn
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.

Schedule a Call →

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
117 Deserti Rd
WILDLEAF
$360,000 $184 3 bd / 3 ba 1,952 sqft , 2026-04-15
141 Parryi Cv
Wildleaf
$360,000 $191 4 bd / 2 ba 1,885 sqft , 2025-08-11
328 Blue Oasis Ln #328
Retreat at Hero Way
$359,950 $172 4 bd / 4 ba 2,089 sqft , 2025-09-28
860 Water Hyacinth Loop
Crystal Crossing
$359,900 $154 3 bd / 2 ba 2,344 sqft , 2026-02-27
536 Rancho Verde Dr
VILLAS AT VISTA RIDGE
$359,900 $167 4 bd / 2 ba 2,155 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
$1,728/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
$71,998
20% conventional investment loan

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

Estimated Gross Rent+$1,728
Principal + Interest−$1,965
Property Tax (~2.1% TX avg)−$630
Insurance (~0.5%)−$150
Est. Monthly Cash Flow $-1,017

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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