Active Listing  ·  31 days on market

708 Camino Real Dr

Leander, TX 78641
$379,000
4 Bed 3 Bath 2,437 sqft $156/sqft Built 2002 0.18 acres 2-Car Garage Pool Estates North Creek Ranch Sec 01

Welcome home to this beautifully remodeled 2,437 sq. ft. Leander gem! Enjoy fresh, modern updates throughout, including all-new flooring, kitchen countertops, appliances, and landscaping. With generous living space and a refreshed look, this home is ready for you to move in and make it your own. Conveniently located near local schools, H-E-B, shopping, and a variety of restaurants, with easy access to Downtown Leander, US 183, and 183A for commuting around the Austin area. Enjoy the perfect blend of comfort, convenience, and modern updates in a

fantastic Leander location!

Property Updates & Improvements:

1. New roof – architectural shingles (2026)

2. New air conditioning

3. New GE appliances

4. Quartz countertops

5. Freshly painted cabinets

6. New fans and fixtures

7. New handles

8. Laminate floors – luxury-style planks

9. Newly painted walls

10. All new windows

11. New back door

12. New upstairs carpet

13. New plumbing upstairs

14. LVP in bathrooms

15. Newly renovated tubs and cabinets

16. New stairs railing

17. Inspected water heater

18. LED light fixtures

19. New switches

20. New hardware

21. New toilets (all)

22. New window screens

23. Cleaned shed and new paint

24. New shed roof

25. GFCI outlets for outdoor kitchen

At $156/sqft, this home is 32% 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

708 Camino Real Dr, Leander, TX 78641

Property Details

Price $379,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,437 sqft
Lot Size 0.18 acres (7,858.22 sqft)
Year Built 2002
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Estates North Creek Ranch Sec 01
County Williamson
Zip Code 78641
$/sqft $156/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,643.05
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249136917
List Date October 12, 2026
Elementary School Jim Plain
Middle School Leander Middle
High School Glenn
School District Leander ISD

Leander ISD

Jim Plain · Leander Middle · Glenn

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
501 Battlecreek Ln
North Creek Sec 01
$379,000 $216 3 bd / 3 ba 1,757 sqft , 2026-09-04
820 Paper Daisy Path
Oak Creek
$379,000 $201 3 bd / 2 ba 1,890 sqft , 2026-09-22
111 Dove Song Dr
Old Town Village Sec 03
$370,000 $158 3 bd / 3 ba 2,347 sqft , 2026-06-14
1449 Weatherford Ln
Devine Lake Ph 1
$369,900 $183 4 bd / 3 ba 2,022 sqft , 2026-06-05
1411 Encino Dr
Vista Ridge Ph 01
$389,900 $134 4 bd / 3 ba 2,900 sqft , 2026-07-26

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
$1,819/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
$75,800
20% conventional investment loan

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

Estimated Gross Rent+$1,819
Principal + Interest−$2,068
Property Tax (assumed ~2.1%)−$663
Insurance (assumed ~0.5%)−$158
Est. Monthly Cash Flow $-1,070

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 6, 2026.

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

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