Active Listing  ·  64 days on market

803 Sparkling Brook Ln

Leander, TX 78641
$269,000
3 Bed 2 Bath 1,081 sqft $249/sqft Built 2000 0.16 acres 2-Car Garage Pool North Creek Sec 03E

New Low Price! Enjoy your own backyard oasis with established raised garden beds and mature fruit trees, perfect for growing fresh vegetables, herbs and seasonal fruit right at home. The thoughtfully designed outdoor space offers both beauty and functionality, creating an ideal setting for gardening enthusiasts, sustainable living, or simply relaxing and enjoying the harvest. Nectarine trees, Peach trees, fig trees, grape vines, herb bed. Raised beds with irrigation, Whether you are cultivating your favorite plants or gathering fruit from your own trees, this property provides a unique opportunity to enjoy the rewards of homegrown living. Roof replaced in 2025, fresh interior paint, new dishwasher, new hot water heater, updated exterior paint in last couple of years, no carpet throughout. Home has been well maintained. No HOA, very close by Bagdad elementary and beautiful Divine Lake Park

At $249/sqft, this home is priced 4% above the Leander active market average of $239/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

803 Sparkling Brook Ln, Leander, TX 78641

Property Details

Price $269,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,081 sqft
Lot Size 0.16 acres (7,078.5 sqft)
Year Built 2000
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision North Creek Sec 03E
County Williamson
Zip Code 78641
$/sqft $249/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $5,402.59
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT235914633
List Date June 13, 2026
Elementary School Bagdad
Middle School Leander Middle
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.

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · June 13, 2026 $285,000
Previous ask $275,000
Current ask $269,000
Reduced $16,000 (-5.6%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
1005 Burgess Dr
Benbrook Ranch Sec 01 Ph 01
$275,000 $200 3 bd / 2 ba 1,376 sqft , 2026-04-08
903 Gentry Dr
Benbrook Ranch Sec 02 Ph 01
$290,000 $205 3 bd / 2 ba 1,415 sqft , 2026-06-11
611 Clearcreek Dr
North Creek Sec 01
$299,000 $214 3 bd / 2 ba 1,398 sqft , 2026-07-24
600 Sparkling Brook Ln
NORTH CREEK SEC 3A
$315,000 $269 3 bd / 2 ba 1,172 sqft , 2026-08-04

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
$1,291/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
$53,800
20% conventional investment loan

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

Estimated Gross Rent+$1,291
Principal + Interest−$1,468
Property Tax (~2.1% TX avg)−$471
Insurance (~0.5%)−$112
Est. Monthly Cash Flow $-760

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 August 15, 2026.

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