Active Listing  ·  15 days on market

925 Purmela St

Leander, TX 78641
$614,990
5 Bed 5 Bath 3,277 sqft $188/sqft Built 2026 0.17 acres 2-Car Garage Pool New Construction Edgewood

The Kestrel plan offers an expansive and highly flexible two-story layout designed to accommodate a wide range of lifestyles. Downstairs feature a study just off the entry, powder bath, and our newest feature lies just beyond. A Junior Suite equipped with large 17' x 13' bedroom, with dual vanity, and large walk-in closet. It's perfect for short term or long term guests.

The first floor is centered around a spacious family room with a volume ceiling, creating an open and inviting atmosphere that flows seamlessly into the kitchen and breakfast area. The kitchen features an oversized island, walk-in pantry and a generous workspace in the gourmet kitchen.

Privately situated on the main level, the owner’s suite offers a spacious retreat complete with a large walk-in closet and walk-in shower.

The second floor expands the living space with a large game room that overlooks portions of the home below, contributing to the open and connected feel of the design. Three additional bedrooms, all with walk-in closets, and two full baths round out the space.

Ready in December!

At $188/sqft, this home is 18% 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

925 Purmela St, Leander, TX 78641

Property Details

Price $614,990
Status Active Listing
Beds 5
Full Baths 4
Half Baths 1
Living Area 3,277 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 $188/sqft
Days on Market ,
HOA $70/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT251088441
List Date October 28, 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 · October 28, 2026 $644,990
Current ask $614,990
▼ Reduced $30,000 (-4.7%) 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
480 Monahans Dr
Parkside at Mayfield Ranch Sec 4B
$619,000 $223 4 bd / 3 ba 2,782 sqft , 2026-07-19
713 Coppell Ct
Edgewood
$619,900 $188 4 bd / 4 ba 3,303 sqft , 2026-08-24
4008 Fulton Dr
Edgewood
$609,990 $189 4 bd / 4 ba 3,221 sqft , 2026-05-15
4045 Fulton Dr
Edgewood
$619,990 $192 5 bd / 4 ba 3,221 sqft , 2026-09-09
101 Canyon Lake Ln
Parkside at Mayfield Ranch
$619,995 $206 4 bd / 3 ba 3,012 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
$2,952/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
$122,998
20% conventional investment loan

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

Estimated Gross Rent+$2,952
Principal + Interest−$3,356
Property Tax (assumed ~2.1%)−$1,076
Insurance (assumed ~0.5%)−$256
Est. Monthly Cash Flow $-1,736

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 2, 2026.

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

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