Active Listing  ·  21 days on market

937 Corvallis Dr

Leander, TX 78641
$464,990
4 Bed 3 Bath 2,251 sqft $207/sqft Built 2026 0.10 acres 2-Car Garage Pool New Construction Cedar Brook

Welcome to the beautiful Dexter plan in the popular Cedar Brook community!

This plan offers over 2200 sq ft of functional living space. Enter through the upgraded 8 foot front door and you'll find a private bedroom tucked just off the entry way, with it's own full bathroom that features an upgraded standing shower right outside. Travel into the home, passing the open railing stairs, garage entry and laundry room, into the open concept kitchen, dining, and high ceiling living rooms. In the living room, you 2 rows of windows, letting in so much natural light! You'll find your primary suite with an upgraded bay window right off the living room. In the owners bath, you have an upgraded, overesized mudset shower. Travel upstairs and find 2 more bedrooms, and 1 full bathroom. Perfect for having family and friends stay longterm!

Included features: blinds, water softener loop, garage door openers, tankless waterheater, and much more!

Schedule today to view this home with it's upgraded quartz counters, flooring, cabinets today!

This home is move in ready by November 2026! Photos are representative.

At $207/sqft, this home is 14% below the Leander active market average of $241/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

937 Corvallis Dr, Leander, TX 78641

Property Details

Price $464,990
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,251 sqft
Lot Size 0.10 acres (4,486.68 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Cedar Brook
County Williamson
Zip Code 78641
$/sqft $207/sqft
Days on Market ,
HOA $70/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT239845688
List Date July 14, 2026
Elementary School Camacho
Middle School Leander Middle
High School Leander High
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.

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
3428 Charade Dr
Bluffview Ph 1
$465,000 $232 3 bd / 2 ba 2,007 sqft , 2026-05-07
900 Myrna Bnd
Stewart Crossing
$465,000 $183 5 bd / 3 ba 2,540 sqft , 2026-07-22
1424 South Brook Dr
South Brook
$464,950 $164 5 bd / 4 ba 2,837 sqft , 2026-07-27
432 Tinto St
ROSENBUSCH RANCH
$463,995 $192 4 bd / 3 ba 2,412 sqft , 2026-04-30
1809 Dandy Brush Dr
BAR W RANCH
$463,420 $167 5 bd / 3 ba 2,783 sqft , 2026-07-06

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
$2,232/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
$92,998
20% conventional investment loan

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

Estimated Gross Rent+$2,232
Principal + Interest−$2,538
Property Tax (~2.1% TX avg)−$814
Insurance (~0.5%)−$194
Est. Monthly Cash Flow $-1,314

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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