ActiveResidential · sale

17011 E Darleen Dr

Leander, TX 78641

$3,095,000

  • 7 beds
  • 8 baths
  • 7,813 sq ft
  • 1.97 acres
  • Built 2018

Listed by Compass RE Texas, LLC · MLS #ACT9688141

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17011 E Darleen Dr, Leander, TX 78641 · MLS #ACT9688141

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A FEW THINGS TO NOTICE

What stands out.

Additional spaces

The 7,813-square-foot waterfront compound includes three separate structures: a 5,882 sq ft main residence, a 1,259 sq ft two-bedroom guest house, and a dedicated private gym, all set on a stunning 1.98-acre multi-tiered hillside property with sweeping Lake Travis views.

Year built

Built in 2018.

Garage parking

4 garage spaces listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Unrestricted Lake Travis waterfront estate with private dock, panoramic water views, and exceptional short-term rental potential. Located on nearly 2 acres of premier Lake Travis shoreline, this rare property offers direct lake access with no restrictive HOA limitations, making it an outstanding opportunity for Airbnb, VRBO, luxury vacation rental income, or a private waterfront compound. Designed for both luxury living and investment flexibility, the estate functions beautifully as a primary residence, corporate retreat, multi-generational family compound, or high-performing income property in the Lake Travis short-term rental market. The 7,813-square-foot waterfront compound includes three separate structures: a 5,882 sq ft main residence, a 1,259 sq ft two-bedroom guest house, and a dedicated private gym, all set on a stunning 1.98-acre multi-tiered hillside property with sweeping Lake Travis views. The main residence features four ensuite bedrooms, a fifth flexible room, private elevator, theatre room, and a dramatic great room with floor-to-ceiling windows framing the lake, along with a chef’s kitchen equipped with Thermador appliances and custom cabinetry designed for entertaining. Outdoor amenities rival a private resort with a glass-view resort-style pool, firepit lounge, expansive terraces, steam sauna, and a private hillside tram leading directly to the exclusive dock and Lake Travis shoreline. The property is fully automated with Control4 smart home technology and offered fully furnished, creating a turn-key luxury lakefront estate ready for immediate enjoyment or short-term rental operation. With unrestricted use, private dock access, expansive acreage, and strong demand for Lake Travis vacation rentals, this exceptional waterfront estate offers rare lifestyle appeal combined with powerful long-term investment potential.

THE NEIGHBORHOOD

Explore the location.

17011 E Darleen Dr, Leander, TX 78641

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LOCAL MARKET CONTEXT

Travis County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$505,893Down 1.5% vs. the previous 12 months
Months of supply5.612-month average
Days on market8412-month weighted average

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2018
Full baths
6
Half baths
2
Garage spaces
4
Cooling
Central Air
Heating
Central
Appliances
Built-In Freezer, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Exhaust Fan, Double Oven, RNGHD, Stainless Steel Appliance(s), Washer/Dryer, Water Softener, Wine Cooler, Wine Refrigerator
Flooring
Carpet, Marble, Stone
Fencing
Back Yard, Fenced, Front Yard, Full, Gate, Perimeter, Privacy, Security, Stone
Accessibility
Accessible Elevator Installed
Pool features
In Ground, Pool/Spa Combo, Waterfall
Subdivision
Trails End
Parcel
01825308260000
Elementary school
CC Mason
Middle school
Running Brushy
High school
Cedar Park
Annual property tax
$54,490.40

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$4,794.67
Estimated monthly rent$12,895.83
Cap rate2.11%

Annual operating income: $65,273.57

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

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Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

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  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #ACT9688141 · Austin Board of Realtors

Listing brokerage: Compass RE Texas, LLC
Listing agent: Adam Cormany

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.