Active Listing  ·  9 days on market

25402 Fawn Dr

Leander, TX 78641
$499,500
5.00 acres Leander Hills

This expansive 5-acre parcel of land presents a remarkable opportunity for development, ideally situated in a desirable location that balance tranquility. With ample space for various projects, this property is perfect for constructing a dream home, developing a residential community. This property, allowing for straightfoward construction, and is adorned with lush greenery, enhancing its aesthetic appeal.

This property is more than just land; it's a blank canvas waiting for your vision to come to life. Whether you dream of a serene retreat surrounded by nature, or a vibrant community hub, this space offers endless possibilities. With the freedom to design your ideal environment, you have the opportunity to tailor every aspect to turn those dreams into your

needs, from landscaping to building layout. If you have a vision, this is the perfect place to turn those dreams into realty, making it an exceptional investment for the future.

Location

25402 Fawn Dr, Leander, TX 78641

Property Details

Price $499,500
Status Active Listing
Beds ,
Full Baths ,
Half Baths ,
Living Area ,
Lot Size 5.00 acres (217,800 sqft)
Year Built ,
Garage ,
Stories ,
Type Land · Multiple Lots (Adjacent)
Subdivision Leander Hills
County Travis
Zip Code 78641
$/sqft ,
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,922.99
Pool ,
Waterfront ,
New Construction ,
MLS # ACT241161344
List Date July 26, 2026
Elementary School Bagdad
Middle School Danielson
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.

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
24203 Fulkes Rd
Sandy Creek Ranches Ph 04
$530,000 $428 1 bd / 1 ba 1,239 sqft , 2026-04-27
408 Mesa Oaks Rd
Hidden Mesa
$534,000 $356 1 bd / 1 ba 1,500 sqft , 2026-05-29
13967 Fm 2769 None
Cypress Creek Volente
$599,000 $891 1 bd / 1 ba 672 sqft , 2026-04-20

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
$2,398/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
$99,900
20% conventional investment loan

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

Estimated Gross Rent+$2,398
Principal + Interest−$2,726
Property Tax (~2.1% TX avg)−$874
Insurance (~0.5%)−$208
Est. Monthly Cash Flow $-1,410

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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