Active Listing  ·  94 days on market

809 Purmela St

Leander, TX 78641
$629,990
4 Bed 4 Bath 3,221 sqft $196/sqft Built 2026 0.17 acres 2-Car Garage Pool New Construction Edgewood

Key Features:

• 4 bedrooms with the owner’s suite on the main floor

• 3 full bathrooms and 1 half bathroom

• 3,221 square feet of well-planned interior living space

• Open-concept main living area connecting kitchen, dining, and family room

• First-floor study/den with flexible layout options

• Covered front porch and optional extended patio for outdoor living

• Front-loading 2-car garage

The main floor offers a flowing layout with the owner’s suite tucked away for privacy, a bright open family room, and a kitchen designed with an oversized island, ample counter space, and optional butler’s pantry. Upstairs, a spacious game room and two additional bedrooms create the perfect space for family activities or guests, with options to add a media room or extra bedroom and bathroom.

At $196/sqft, this home is 18% below the Leander active market average of $239/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

809 Purmela St, Leander, TX 78641

Property Details

Price $629,990
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,221 sqft
Lot Size 0.17 acres (7,405.2 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Edgewood
County Williamson
Zip Code 78641
$/sqft $196/sqft
Days on Market ,
HOA $70/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT230136609
List Date May 14, 2026
Elementary School Tarvin
Middle School Stiles
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.

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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
1317 Cypress Paul St
Parkside Peninsula
$624,990 $242 4 bd / 4 ba 2,587 sqft , 2026-04-14
1352 Cypress Paul St
Parkside Peninsula
$624,990 $263 4 bd / 3 ba 2,374 sqft , 2026-04-18
4013 Waxahachie Rd
Edgewood
$624,990 $194 5 bd / 4 ba 3,221 sqft , 2026-07-01
3012 Wedgescale Pass
Sarita Valley
$635,000 $191 4 bd / 4 ba 3,322 sqft , 2026-06-11
1465 Cypress Paul St
Parkside Peninsula
$624,900 $244 4 bd / 4 ba 2,561 sqft , 2026-04-05

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
$3,024/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
$125,998
20% conventional investment loan

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

Estimated Gross Rent+$3,024
Principal + Interest−$3,438
Property Tax (~2.1% TX avg)−$1,102
Insurance (~0.5%)−$262
Est. Monthly Cash Flow $-1,778

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 July 21, 2026.

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