Active Listing  ·  72 days on market

912 Purmela St

Leander, TX 78641
$579,990
4 Bed 4 Bath 2,785 sqft $208/sqft Built 2026 0.21 acres 2-Car Garage Pool New Construction Edgewood

This popular Belmont floor plan comes with green space privacy! The home sits on a large lot with wide backyard. The entrance is open to above and is just off of it is a large study. The foyer leads to a spacious kitchen and dining area, which then flows to a wonderful family room that's opens to the above game room. The downstairs owner's bedroom features a beautiful bay window and dual sink vanity and deluxe bath. Upstairs, off the large game room, you'll find 2 bedrooms, both with walk-in closets, and a shared large bathroom. There is also a spacious guest bedroom(13’ x 14’) with its own attached full bath that includes standing shower and walk in closet. An extended covered patio, equipped with w/gas stub rounds out the backyard.

Ready in December.

At $208/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

912 Purmela St, Leander, TX 78641

Property Details

Price $579,990
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,785 sqft
Lot Size 0.21 acres (9,365.4 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Edgewood
County Williamson
Zip Code 78641
$/sqft $208/sqft
Days on Market ,
HOA $70/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT245408860
List Date September 1, 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.

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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 · September 1, 2026 $646,990
Previous ask $609,990
Current ask $579,990
▼ Reduced $67,000 (-10.4%) 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
4013 Waxahachie Rd
Edgewood
$579,990 $180 5 bd / 4 ba 3,221 sqft , 2026-07-01
165 Lady Bird Ln
Parkside at Mayfield Ranch
$575,000 $179 4 bd / 3 ba 3,212 sqft , 2026-10-19
348 Lake Livingston Dr
Parkside At Mayfield Ranch Sec 10
$574,998 $196 4 bd / 3 ba 2,941 sqft , 2026-10-15
1313 Cypress Paul St
Parkside Peninsula
$574,990 $221 4 bd / 4 ba 2,601 sqft , 2026-04-15
1317 Cypress Paul St
Parkside Peninsula
$584,990 $226 4 bd / 4 ba 2,587 sqft , 2026-04-14

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
$2,784/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
$115,998
20% conventional investment loan

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

Estimated Gross Rent+$2,784
Principal + Interest−$3,165
Property Tax (assumed ~2.1%)−$1,015
Insurance (assumed ~0.5%)−$242
Est. Monthly Cash Flow $-1,638

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 3, 2026.

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

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