ActiveResidential · sale

824 Corvallis

Leander, TX 78641

$484,990

  • 4 beds
  • 4 baths
  • 2,952 sq ft
  • 0.12 acres
  • Built 2026

Listed by M/I Homes Realty · MLS #ACT1980645

824 Corvallis, Leander, TX 78641 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Details worth a look

The covered patio extends your living area outdoors, providing a comfortable space to enjoy the Texas weather year-round.

Year built

Built in 2026.

Garage parking

2 garage spaces listed.

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

THE PROPERTY

Get to know the property.

Welcome to 824 Corvallis Drive, Leander, Texas — a stunning new construction home built by M/I Homes. This 2-story home offers 2,952 square feet of thoughtfully designed living space, perfect for those seeking quality craftsmanship and a well-planned layout.

This home features an open-concept living space that creates a seamless flow between the main gathering areas, making it ideal for both everyday living and entertaining. The covered patio extends your living area outdoors, providing a comfortable space to enjoy the Texas weather year-round.

Home Highlights:
4 spacious bedrooms
3 full bathrooms and 1 half bathroom
2,952 square feet of living space
2-story new construction by M/I Homes
Open-concept living space
Covered patio for outdoor enjoyment
Quality construction and design throughout
The owner's bedroom offers a private retreat with an en-suite bathroom, providing a relaxing escape at the end of each day. Additional bedrooms are generously sized, offering flexibility for family, guests, or a home office.

The quality of design in this home is evident in every detail, from the carefully selected finishes to the functional floorplan that maximizes both space and comfort. Situated in a welcoming neighborhood with convenient proximity to parks, this home offers an exceptional living experience for families of all sizes.
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THE NEIGHBORHOOD

Explore the location.

824 Corvallis, Leander, TX 78641

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2026
Full baths
3
Half baths
1
Garage spaces
2
Cooling
Ceiling Fan(s), Central Air, Electric, ENERGY STAR Qualified Equipment, Zoned
Heating
Central, Electric, ENERGY STAR Qualified Equipment, Zoned
Appliances
Built-In Gas Oven, Built-In Gas Range, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Microwave, Stainless Steel Appliance(s), Water Heater, Tankless Water Heater
Flooring
Carpet, Tile, Vinyl
Fencing
Fenced, Full, Privacy, Wood
Accessibility
None
Pool features
None
Subdivision
Cedar Brook
Parcel
R644027
HOA
Cedar Brook
HOA amenities
Common Area Maintenance
HOA fee frequency
Monthly
Elementary school
Camacho
Middle school
Leander Middle
High school
Leander High
HOA fee
$70.00

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—
Estimated monthly rent$2,020.79
Cap rate—

Annual operating income: —

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

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 & interest—Loan 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

See its potential.
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.

    Review rental pricing, property condition and your ownership goals with a local professional.

  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
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

YOUR CAREER. YOUR NEXT CHAPTER.

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824 Corvallis, Leander, TX 78641 · MLS #ACT1980645

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Times are local to the property. Your tour is not scheduled until an agent confirms.

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Property inquiries go to help@erabrokers.com.

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Listing information

MLS #ACT1980645 · Austin Board of Realtors

Listing brokerage: M/I Homes Realty
Listing agent: Patrick Easter

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