Active Listing  ·  1 day on market

706 Milton Cv

Leander, TX 78641
$269,900
3 Bed 2 Bath 1,132 sqft $238/sqft Built 1985 0.15 acres 2-Car Garage Pool Block House Creek Sec 04

Welcome to 706 Milton Cove, a beautifully updated home tucked away on a quiet cul-de-sac in the established Block House Creek community of Leander. Offering 3 bedrooms and 2 baths, this inviting home combines thoughtful updates, a functional layout, and a convenient location near major highways, employers, shopping, dining, parks, and playgrounds. The light-filled living area features a cozy fireplace and creates a welcoming space for everyday living and entertaining. The primary bedroom is privately situated upstairs, providing a peaceful retreat separate from the main living areas and secondary bedrooms. The home features high-efficiency Andersen windows with custom framing throughout, an updated water heater, and an HVAC system replaced in 2025. Outside, enjoy a private backyard with plenty of room to relax, entertain, garden, or play. Enjoy an established neighborhood setting, and convenient access to everything Leander and North Austin have to offer, this home is ready for its next owner.

At $238/sqft, this home is priced in line with the Leander market average of $239/sqft across 673 active listings. View Austin market report →

Location

706 Milton Cv, Leander, TX 78641

Property Details

Price $269,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,132 sqft
Lot Size 0.15 acres (6,560.14 sqft)
Year Built 1985
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Block House Creek Sec 04
County Williamson
Zip Code 78641
$/sqft $238/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,126.53
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244141369
List Date August 23, 2026
Elementary School Block House
Middle School Knox Wiley
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.

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
407 MCCARTHUR Dr
HORIZON PARK
$270,000 $192 3 bd / 2 ba 1,405 sqft , 2026-06-15
110 Brentwood Dr
Horizon Park Sec 1
$275,000 $197 3 bd / 2 ba 1,396 sqft , 2026-05-09
400 Ashbury Dr
Horizon Park Sec 5
$285,000 $208 3 bd / 2 ba 1,370 sqft , 2026-07-21
2402 Susan Ln
Settlement/Block Hse Crk Sec 0
$298,990 $219 3 bd / 2 ba 1,368 sqft , 2026-06-30
902 Moser River Dr
Block House Creek Ph F Sec 01
$299,900 $199 3 bd / 3 ba 1,508 sqft , 2026-07-30

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
$1,296/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
$53,980
20% conventional investment loan

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

Estimated Gross Rent+$1,296
Principal + Interest−$1,473
Property Tax (~2.1% TX avg)−$472
Insurance (~0.5%)−$112
Est. Monthly Cash Flow $-761

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

More Luxury Homes in Leander

Loading…
View All Luxury Homes →
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 August 23, 2026.

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