
— bed, — bath on 2.04 acres in Leander. Leander, TX 78641. $995,000. Leander ISD.
2 acres in the heart of Leander with entitlements for 21 townhomes! 414 Lion Drive is a great opportunity develop and build 21 town homes! Walking distance to elementary school and middle school! Fantastic location within 1 mile of toll road 183A, with access to everything including downtown Austin, ABIA airport, and major employment centers! Many national retail and shopping centers close by.
Two acres of blank canvas in the heart of Leander with the infrastructure already approved for 21 townhomes - this is a developer's dream with entitlements in hand. Located at 414 Lion Drive in Leander Heights Section 02, this Williamson County property sits on a level, cul-de-sac lot that's ready for the right vision.
The location cuts down your commute significantly. Toll Road 183A sits less than a mile away, giving you direct access to downtown Austin in 20 minutes and Austin Bergstrom International Airport in under 25 minutes. Major employers cluster around the corridor - Oracle in North Austin, Tesla's Gigafactory east of the city, and the tech corridor along Metric Boulevard are all within reasonable distance. Shopping isn't a problem either. Market 183 and the commercial centers along US 183 offer everything from groceries to big-box retail without the drive into central Austin.
Schools feed into the Leander ISD system. Camacho Elementary and Leander Middle School are walkable from the property, and Glenn High School serves the area. Families moving into your potential development would have solid school options without the traffic patterns that plague some closer-in neighborhoods.
The entitlements matter here. This isn't speculative land - the city has already approved the 21-townhome development plan, meaning you're not fighting through months of permitting and planning meetings. The lot's level terrain and cul-de-sac positioning reduce grading costs and create natural traffic patterns that work for higher-density residential.
For a developer with capital ready, this property removes significant risk from the equation. Leander's growth trajectory continues north from Austin proper, and the I-35 expansion through the region only accelerates that trend. The city infrastructure supports the density - utilities, roads, and schools are already in place. You're not building in a vacuum.
The play here is straightforward: execute on existing entitlements and capture the demand from Austin professionals who want to stay in the metro area without downtown pricing. At $995,000 for 2 acres with development approval in Williamson County, you're looking at a developer opportunity that doesn't sit long.
Verified property facts
414 Lion DR is listed at $995,000 with 0 bedrooms, 2.04-acre lot. This places it above the ZIP 78641 single-family closed-sale median price of $675,000 (ZIP 78641 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 30, 2026).
414 Lion DR is zoned for Leander ISD with assigned schools: Camacho (elementary), Leander Middle (middle), Glenn (high). School assignments should be verified directly with the district.
414 Lion DR is listed by Cavalier Real Estate. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Oct 1, 2026.
The most recent annual property tax for 414 Lion DR is $10,765. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
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1 record on file
Every recorded listing, sale, and lease at 414 Lion DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026+20.0% | — | $586,492 | $1,183,647 | — |
2025 | — | $488,743 | $488,743 | — |

Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($199K)
Adjustable assumption - not a lending recommendation.
$995,000
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List price
$995,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
106 days
Original to current
No verified reduction
$995K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 1, 2026.
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This page does not assume a mortgage rate or publish a monthly payment for 414 Lion DR. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Oct 1, 2026, 414 Lion DR is offered at $995,000. The current MLS snapshot shows 625 active listings in 78641. Keenan Group has completed 13 verified transactions in 78641 within its 1,000+ completed transactions and $1B+ career volume across Austin.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
2 events on record
Current Price
$995,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026+20.0% | — | $586,492 | $1,183,647 | — |
2025 | — | $488,743 | $488,743 | — |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
| Address | Offered At |
|---|---|
| 516 Landing Ln | $525K |
| 2228 Long Bow Dr | $860K |
| 2212 Gabriels Horn Rd | $597K |
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