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Verified property facts
511-513 Lion Dr is listed at $975,000 with 0 bedrooms, 3,753 square feet, 0.49-acre lot. This places it above the 78641 median of $675,000.
511-513 Lion Dr is zoned for Leander ISD with assigned schools: Camacho (elementary), Leander Middle (middle), Leander High (high). School assignments should be verified directly with the district.
511-513 Lion Dr is a Residential Income built in 2026 featuring 0 bedrooms, 3,753 square feet, 0.49-acre lot.
511-513 Lion Dr is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 511-513 Lion Dr is $3,814. 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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listing timeline with current price, original ask, and market time.
New construction duplex opportunity in the heart of Leander, just minutes from Old Town and within walking distance to Leander Middle School and Rick Bledsoe Park. Built by a custom builder, this property stands apart from typical investor product with elevated construction quality and thoughtful, design-forward details that support long-term value and tenant appeal.
Each unit features high ceilings, 8-foot doors, architectural arches, and built-in closet systems—finishes more commonly found in custom homes than duplex inventory. The exterior showcases a durable and attractive stucco and stone combination, enhancing curb appeal and reducing maintenance over time.
Designed with modern living in mind, each unit includes a one-car garage equipped with a 220V plug for EV charging, plus an additional covered space that can function as a carport or outdoor living/grilling area. Spacious private yards and covered patios further increase livability and rental desirability.
This duplex is one of only three in a limited development, offering a level of privacy and exclusivity not typically found in multifamily investments. Ideal for investors seeking a high-quality asset in a rapidly growing Leander submarket with strong rental demand and proximity to schools, amenities, and Old Town charm.
Property Type
Residential Income
Year Built
2026
Lot Size
0.49 acres
$/Sq Ft
$260
Garage
4 spaces
Listed by University Realty
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
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. Ratings from GreatSchools.org.
20% ($195K)
$975,000
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A sourced read on Leander Heights Sec Two pricing, timing, and property scale. No automated valuation claim.
List price
$975,000
Price per sqft
$260/sqft
Vs. Leander Heights Sec Two median
Not available
Days on market
53 days
Original to current
No verified reduction
$975K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 8, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($195,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 511-513 Lion Dr is around $5,377 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $975,000, 511-513 Lion Dr is in the Leander Heights Sec Two market where there are currently 613 active listings in 78641. The Keenan Group has completed 6 transactions in 78641 as part of 1,000+ career sales totaling $1B+ across Austin.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
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