Active Listing  ·  112 days on market

904 American Trl #2

Leander, TX 78641
$419,000
4 Bed 3 Bath 2,189 sqft $191/sqft Built 2017 0.32 acres 2-Car Garage Pool Trails/Leander Condos

Surrounded by mature trees and backed by protected natural space with no rear neighbors, this 4-bedroom, 2.5-bath home offers a rare level of backyard privacy in the heart of one of Leander’s fastest-growing communities. The oversized lot is fully fenced, flat, and framed by peaceful wooded views— creating endless potential for outdoor living, entertaining, play, or a future private pool. The HOA has already pre-approved pool construction for added flexibility.

Inside, the former model home showcases upscale finishes throughout, including hardwood floors, a gourmet kitchen, and a spacious primary suite designed for comfort and retreat. The layout offers a warm, functional flow with flexible living spaces suited for both everyday living and hosting.

Located just steps from the community pool and playground, and minutes from shopping, dining, and top-rated Leander ISD schools, this home combines privacy, convenience, and outdoor potential with easy access to Austin’s major employers.

At $191/sqft, this home is 20% 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

904 American Trl #2, Leander, TX 78641

Property Details

Price $419,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,189 sqft
Lot Size 0.32 acres (13,891.28 sqft)
Year Built 2017
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Trails/Leander Condos
County Williamson
Zip Code 78641
$/sqft $191/sqft
Days on Market ,
HOA $75/Monthly
Annual Tax Est. $8,362.51
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227680853
List Date April 25, 2026
Elementary School Camacho
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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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
1712 Uhland Dr
Mason Ranch Ph 1 Sec 3
$420,000 $144 3 bd / 3 ba 2,922 sqft , 2026-02-05
640 Loma Cedro Bnd
Vista Ridge
$415,000 $167 3 bd / 2 ba 2,487 sqft , 2026-07-10
1411 Encino Dr
Vista Ridge Ph 01
$415,000 $143 4 bd / 3 ba 2,900 sqft , 2026-07-26
1201 Drake Cv
Woods At Mason Creek 02 Sec 04
$435,000 $166 4 bd / 3 ba 2,614 sqft , 2026-07-18
1425 Bovina Dr
Mason Ranch Ph 1 Sec 1
$399,999 $152 3 bd / 3 ba 2,626 sqft , 2026-04-03

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
$2,011/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
$83,800
20% conventional investment loan

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

Estimated Gross Rent+$2,011
Principal + Interest−$2,287
Property Tax (~2.1% TX avg)−$733
Insurance (~0.5%)−$175
Est. Monthly Cash Flow $-1,184

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 June 22, 2026.

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