Active Listing  ·  7 days on market

709 American Trl #58

Leander, TX 78641
$405,000
4 Bed 3 Bath 2,499 sqft $162/sqft Built 2019 0.10 acres 2-Car Garage Pool Trails/Leander Condos

The first thing you will notice about this home is the fantastic street appeal! Built by William Lyons Homes, this is a free standing house with a private fenced backyard and no neighbor behind you. The gated community is very quiet and peaceful, and offers a lovely lap pool and playsacape , with walking trails. The super convenient location gives easy proximity to schools, shopping, restaurants, entertainment, parks and major employers. Its an easy 30 minute commute to downtown Austin and just 9 minutes to the Leander train station. Inside the home, you will love the bright and spacious feeling of the huge living/dining/kitchen, high ceilings, and many very large energy star rated windows that flood the space with natural sunlight. The floorplan is very well designed, with the large primary suite on the fist floor, along with a second room that has a double door entry , situated just off the entry foyer, that does double duty as either a fourth bedroom or a home office. Upstairs you will find 2 large bedrooms and a second living area and shared bathroom. Built in 2019, this home has only been owner occupied and is well maintained. A zoned Carrier central air and heat system and energy star windows help keep utility usage down, and electric is supplied by Pedernales Electric. Recent carpet upstairs and in the bedrooms and engineered wood flooring in the common area, recessed lighting, 9 foot ceilings, quartz counters and stainless steel appliances, first floor laundry room, and ceiling fans . Primary bath has a quartz topped double vanity and walk in shower, and a very large walk in closet. The private fenced backyard has a wrought iron fence at the back , giving a view into the HOA owned and maintained land. Sprinkler system makes lawn maintenance easy!

At $162/sqft, this home is 32% below the Leander active market average of $237/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

709 American Trl #58, Leander, TX 78641

Property Details

Price $405,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,499 sqft
Lot Size 0.10 acres (4,356 sqft)
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Trails/Leander Condos
County Williamson
Zip Code 78641
$/sqft $162/sqft
Days on Market ,
HOA $94/Monthly
Annual Tax Est. $8,301.49
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246796037
List Date September 15, 2026
Elementary School Camacho
Middle School Leander Middle
High School Leander High
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
1425 Bovina Dr
Mason Ranch Ph 1 Sec 1
$399,999 $152 3 bd / 3 ba 2,626 sqft , 2026-04-03
1411 Encino Dr
Vista Ridge Ph 01
$399,900 $138 4 bd / 3 ba 2,900 sqft , 2026-07-26
904 American Trl #2
Trails/Leander Condos
$419,000 $191 4 bd / 3 ba 2,189 sqft , 2026-04-25
1436 Lindo Dr
VISTA RIDGE PH 2-B
$419,000 $129 5 bd / 4 ba 3,237 sqft , 2026-06-13
1720 Bovina Dr
Mason Ranch
$420,000 $144 4 bd / 3 ba 2,922 sqft , 2026-02-26

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
$1,944/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
$81,000
20% conventional investment loan

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

Estimated Gross Rent+$1,944
Principal + Interest−$2,210
Property Tax (~2.1% TX avg)−$709
Insurance (~0.5%)−$169
Est. Monthly Cash Flow $-1,144

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 September 16, 2026.

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