Active Listing  ·  56 days on market

916 Isaias Dr

Leander, TX 78641
$495,000
4 Bed 3 Bath 2,780 sqft $178/sqft Built 2016 0.14 acres 2-Car Garage Pool Palmera Ridge

Finding a home that gives you useful first-floor space, a flexible layout, and a peaceful outdoor setting is not always easy. At 916 Isaias Drive, the primary suite and dedicated office are both on the main level, while the backyard backs to a greenbelt and sits along the edge of a community walking path.

Inside, dark wood floors bring warmth to the main living areas, where the spacious living room and kitchen flow together for easy everyday use. The kitchen features gas cooking, generous prep space, and an open connection to the heart of the home.

The primary suite offers a private retreat with a separate soaking tub and shower, plus a large walk-in closet that connects directly to the oversized laundry room for added convenience.

Upstairs, three additional bedrooms are joined by a large second living area, creating plenty of flexibility for movie nights, a game room, hobbies, or a separate place to unwind. Altogether, the home offers four bedrooms, two and a half baths, a dedicated office, and two spacious living areas.

Additional features include smart thermostats, a water softener, tankless water heater, and an automated sprinkler system, adding everyday comfort, efficiency, and convenience.

Outside, the greenbelt backdrop adds privacy and a more open feel, while the nearby walking path makes it easy to enjoy the neighborhood beyond your own backyard.

Palmera Ridge offers community pools, parks, trails, playgrounds, and open spaces throughout the neighborhood. Located near FM 1431 and Ronald Reagan Boulevard, the community also provides convenient access to 183A, shopping, dining, and major employment areas throughout Leander and Northwest Austin. The home is located within Leander ISD.

With a flexible floor plan, thoughtful primary suite, multiple living spaces, and greenbelt setting, this home offers a combination that is worth seeing in person.

At $178/sqft, this home is 23% 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

916 Isaias Dr, Leander, TX 78641

Property Details

Price $495,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,780 sqft
Lot Size 0.14 acres (6,098.4 sqft)
Year Built 2016
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Palmera Ridge
County Williamson
Zip Code 78641
$/sqft $178/sqft
Days on Market ,
HOA $150/Quarterly
Annual Tax Est. $12,221.95
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246898494
List Date September 17, 2026
Elementary School Tarvin
Middle School Knox Wiley
High School Glenn
School District Leander ISD

Leander ISD

Tarvin · Knox Wiley · Glenn

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
2020 Palmera Ridge Blvd
Palmera Rdg Sec 7
$499,000 $197 4 bd / 4 ba 2,536 sqft , 2026-10-01
2017 Palmera Ridge Blvd 2017 Palmera Ridge Blvd Blvd
Palmera Ridge
$529,000 $212 5 bd / 3 ba 2,500 sqft , 2026-06-30
2913 Zuni Path
Bluffview Reserve
$549,900 $192 5 bd / 5 ba 2,865 sqft , 2026-05-13
2208 Bonavista Way
Palmera Ridge
$550,000 $197 4 bd / 4 ba 2,787 sqft , 2026-08-01
2424 Costera St
Palmera Ridge
$564,900 $220 4 bd / 3 ba 2,570 sqft , 2026-07-09

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
$2,376/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
$99,000
20% conventional investment loan

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

Estimated Gross Rent+$2,376
Principal + Interest−$2,701
Property Tax (assumed ~2.1%)−$866
Insurance (assumed ~0.5%)−$206
Est. Monthly Cash Flow $-1,397

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

More Luxury Homes in Leander

Loading…
View All Luxury Homes →
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 October 18, 2026.

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

Save this home