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Keenan Group#1 Austin Board of Realtors Team 2024

$899,000

0Beds
3,753Sq Ft
0.49 acresLot

511-513 Lion Dr, Leander, TX 78641

Reduced 8%$975,000
Leander·MLS# 9116957·Built 2026·216 days on market

— bed, — bath, 3,753 sqft on 0.49 acres in Leander. Leander, TX 78641. $899,000. Leander ISD.

About This Home

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
Price / Sq Ft
$240
Garage
2 spaces

Listing information last updated September 22, 2026.

Listed by University Realty

MLS# 9116957 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

2-car garage with additional parking capacity
New construction completed in 2026
Generous 0.49-acre lot
Breakfast Bar
Built-in Features
Ceiling Fan(s)

Facts & Features

Interior

Features

  • Breakfast Bar
  • Built-in Features
  • Ceiling Fan(s)
  • Ceiling-High
  • Double Vanity
  • Entrance Foyer
  • High Speed Internet
  • Low Flow Plumbing Fixtures
  • Multiple Dining Areas
  • No Interior Steps
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Study
  • Home Office
  • Walk-In Closet(s)

Appliances

  • Built-In Range
  • Dishwasher
  • Disposal
  • Stainless Steel Appliance(s)

Flooring

  • Carpet
  • Laminate
Heating
Central
Cooling
Ceiling Fan(s),Central Air
Exterior & Lot

Features

  • Electric Car Plug-in
  • Private Yard

Construction

  • Stone
  • Stucco

Fencing

  • Back Yard
  • Privacy

Foundation

  • Slab

Patio / Porch

  • Covered
  • Front Porch
  • Porch
  • Rear Porch
Roof
Shingle
Lot Size
0.49 Acres

Parking

  • Attached Carport
  • Concrete
  • Electric Vehicle Charging Station(s)
Garage Spaces
2
Financial
Original List Price
$975,000
Price per Sq Ft
$240
Utilities
  • Electricity Connected
  • Sewer Connected
  • Underground Utilities
  • Water Connected
Water Source
Public
Sewer
Public Sewer

Transaction History

1 record on file

Every recorded listing, sale, and lease at 511-513 Lion DR, whoever represented it.

  1. ActiveListed 2026
    Current price: $899,000Original list: $975,000MLS 9116957
    1. Listed · March 19, 2026$975,000
    2. Price changed · June 23, 2026$949,000
    3. Price changed · August 24, 2026$899,000

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

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Price & Listing History

Listing timeline with current price, original ask, and market time.

View Timeline
Current list
$899,000
Original list
$975,000
Price movement
$76K reduction
Listed / DOM
Mar 19, 2026 · 216 days

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$187,091
Assessment Year
2025
Year Built
2025
Parcel ID
R-17-W337-000A-B1B6
$759K
$187K
$187,091
2025
$758,952
+305.7% from prev
2026
YearTaxesTotal AssessmentLandAdditions
2026+305.7%
—$758,952$67,500$691,452
2025
—$187,091$102,871$84,220
5-Year Change305.7%

Virtual Tour

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Map showing 511-513 Lion DR
511-513 Lion DR
Directions

Zoned Schools

Leander ISD →

1 High School1 Middle School1 Elementary School

Leander High

High SchoolGrades 9-12Zoned assignment

Leander Middle

Middle SchoolGrades 6-8Zoned assignment

Camacho

ElementaryGrades K-5Zoned assignment

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.

Principal & interest
$4,980

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

20% ($180K)

Adjustable assumption - not a lending recommendation.

$899,000

Loan: $719K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

A sourced read on Leander pricing, timing, and property scale. No automated valuation claim.

List price

$899,000

Price per sqft

$240/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

216 days

Original to current

$76K reduction

$975K original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.

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Frequently Asked Questions

How much is 511-513 Lion Dr?

511-513 Lion Dr is listed at $899,000 with 0 bedrooms, 3,753 square feet, 0.49-acre lot. This places it above the ZIP 78641 single-family closed-sale median price of $465,747 (ZIP 78641 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 19, 2026).

What school district is 511-513 Lion Dr in?

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.

What are the property details for 511-513 Lion Dr?

511-513 Lion Dr is a Residential Income built in 2026 featuring 0 bedrooms, 3,753 square feet, 0.49-acre lot.

What are the property taxes for 511-513 Lion Dr?

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.

How should a buyer estimate the monthly payment for 511-513 Lion Dr?

This page does not assume a mortgage rate or publish a monthly payment for 511-513 Lion Dr. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 511-513 Lion Dr compare with other homes in Leander?

As of Oct 16, 2026, 511-513 Lion Dr is offered at $899,000. The current MLS snapshot shows 597 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.

Why Choose the #1 Austin Board Team for Leander

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#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

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Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/15/2026, 9:07:12 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated: 10/15/2026, 9:07:12 PM

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