Active Listing  ·  84 days on market

909 Purmela St

Leander, TX 78641
$762,990
4 Bed 6 Bath 3,705 sqft $206/sqft Built 2026 0.20 acres 2-Car Garage Pool New Construction Edgewood

Our newest plan! Welcome to the Osprey. Part of our Signature-II series. At 3705sf, with high ceilings, a secondary downstairs suite, this new floor plan is sure to delight anyone looking for extra space for their multi-generation family, and still maintain room within the home to escape to. As you enter the open-to- below entryway, the Jr. suite is easily accessible. It contains two walk-in closets, a dual sink vanity, and large 13'x18' bedroom. Visiting guests will love this retreat! The entryway also leads to a powder bath, and private study, perfect for those who work from home. The high ceilings in the family room bring in extra natural light for the family to relax in. The spacious kitchen with walk-in pantry and large dining area, opens to the grand family room, making it a nice place for gathering friends and family. The owner’s suite, just off of the family room, features a beautiful bay window, large closet in the bathroom, and a dual vanity sink, large soaking tub, and walk-in shower. The downstairs flooring is upgraded to vinyl all throughout the common areas. As you make your way up the beautiful open rail staircase to the 2nd floor, you enter a large game room. In addition, this floor feature 2.5 bathrooms, one of which is an en-suite, and two spacious bedrooms, both with walk-in closets. For those who really want to get away and relax, the media room is a perfect place to wind down. The backyard of this gorgeous home features an extended covered patio with a gas line, and more than 60' of landscaped yard space to roam around or garden in.

Schedule a visit to view this home with all of its upgrades and design options. Estimated completion date is in December.

At $206/sqft, this home is 10% 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

909 Purmela St, Leander, TX 78641

Property Details

Price $762,990
Status Active Listing
Beds 4
Full Baths 4
Half Baths 2
Living Area 3,705 sqft
Lot Size 0.20 acres (8,624.88 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Edgewood
County Williamson
Zip Code 78641
$/sqft $206/sqft
Days on Market ,
HOA $70/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT244096154
List Date August 20, 2026
Elementary School Tarvin
Middle School Stiles
High School Rouse
School District Leander ISD

Leander ISD

Tarvin · Stiles · Rouse

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
1332 Cypress Paul St
Parkside Peninsula
$774,900 $308 4 bd / 3 ba 2,513 sqft , 2026-09-17
1025 Sunset Hill Way
Parkside on the River West
$775,900 $228 4 bd / 4 ba 3,396 sqft , 2026-06-12
1341 Cypress Paul St
Parkside Peninsula
$799,900 $312 4 bd / 4 ba 2,561 sqft , 2026-09-15
1487 Cypress Paul St
PARKSIDE PENINSULA
$799,900 $286 4 bd / 4 ba 2,796 sqft , 2026-10-07
1483 Cypress Paul St
PARKSIDE PENNINSULA
$799,900 $308 4 bd / 3 ba 2,595 sqft , 2026-10-27

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
$3,662/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
$152,598
20% conventional investment loan

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

Estimated Gross Rent+$3,662
Principal + Interest−$4,164
Property Tax (assumed ~2.1%)−$1,335
Insurance (assumed ~0.5%)−$318
Est. Monthly Cash Flow $-2,155

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 4, 2026.

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

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