Active Listing  ·  63 days on market

941 Del Raphael Dr

Leander, TX 78641
$450,000
3 Bed 2 Bath 2,052 sqft $219/sqft Built 2019 0.17 acres 2.5-Car Garage Pool Palmera Ridge

Some homes just have a natural rhythm for hosting, where conversation flows easily from the kitchen right out to the back patio. This Palmera Ridge single-family home features 3 bedrooms, 2 full bathrooms, and a dedicated study, offering a single-story layout that balances social spaces with quiet everyday corners. The main entryway opens up to a well-designed layout where wood-look tile flooring connects the central living room and kitchen. In the living room, a built-in electric fireplace adds a distinct focal point, while a wall of large windows frames views of the trees outside. The kitchen is designed for gathering, centered around a large island with a reclaimed wood accent where guests can hang out while you cook. It is finished with quartz countertops, a herringbone tile backsplash, under-cabinet lighting, and stainless steel appliances. The primary bedroom sits in its own wing of the house, featuring a custom accent wall and an ensuite bathroom with a walk-in shower and a generous walk-in closet. Two secondary bedrooms and the second full bathroom occupy a separate hallway, while the dedicated study sits near the front of the home behind double doors. The backyard is a standout feature for anyone who loves to entertain, backing up directly to a heavily wooded property that creates a completely private, green backdrop. You can host casual dinners under the wooden pergola, set up yard games on the grass, or wind down the evening with drinks around the built-in fire pit. Located in the 78641 zip code, the Palmera Ridge neighborhood is known for its welcoming community feel and pocket parks. This location offers easy access to the 183A toll road, keeping you connected to the rest of the Austin area. Residents are only a few minutes from weekend trips to the Crossover Sports Complex, Chaparral Ice, and the local dining spots lining the Cedar Park and Leander corridors.

At $219/sqft, this home is 9% 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

941 Del Raphael Dr, Leander, TX 78641

Property Details

Price $450,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,052 sqft
Lot Size 0.17 acres (7,244.03 sqft)
Year Built 2019
Garage 2.5 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Palmera Ridge
County Williamson
Zip Code 78641
$/sqft $219/sqft
Days on Market ,
HOA $150/Quarterly
Annual Tax Est. $10,301.36
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231782947
List Date June 2, 2026
Elementary School Tarvin
Middle School Knox Wiley
High School Glenn
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.

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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
17511 E Darleen Dr
Trails End
$450,000 $281 3 bd / 2 ba 1,604 sqft , 2026-03-19
1114 Calistoga Dr
Ridgewood South Ph 02
$450,000 $166 4 bd / 3 ba 2,710 sqft , 2026-02-27
1012 Hillrose Dr
Savanna Ranch Sec 4
$450,000 $172 3 bd / 3 ba 2,609 sqft , 2026-06-05
1301 Low Branch Ln #5
Cottages At Deerbrooke
$449,900 $223 3 bd / 3 ba 2,015 sqft , 2025-04-02
605 Palmilla St
Oak Creek Ph 2
$449,900 $200 4 bd / 2 ba 2,255 sqft , 2026-02-06

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
$2,160/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
$90,000
20% conventional investment loan

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

Estimated Gross Rent+$2,160
Principal + Interest−$2,456
Property Tax (~2.1% TX avg)−$788
Insurance (~0.5%)−$188
Est. Monthly Cash Flow $-1,272

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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