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Leander · Summerlyn Ph L-1a

$327,900 60 days on market

400 Falcon Ln, Leander, TX 78641

  • 4bedrooms
  • 2.5bathrooms
  • 2,229sqft
  • 0.17acres
  • 2009year built

About this home

Great Opportunity! Priced below market! Whether you’re purchasing your first home or adding to your investment portfolio, this property has previously rented at or above market value. This 4-bedroom, 2.5-bath home sits on a large corner lot and features a functional layout with plenty of space.
The home features an open two-story living room that creates a spacious feel. Downstairs offers no carpet, with wood-look porcelain tile in the living room and primary bedroom, plus wood laminate flooring in the bonus room.
The kitchen includes abundant cabinet space, granite countertops, tile backsplash, and the refrigerator conveys. The primary suite is located on the main floor and features a garden tub, double sinks, walk-in shower, and a spacious walk-in closet. Roof replaced in 2024.
The backyard backs to open green space and includes a storage shed for additional outdoor storage. With just a minor cosmetics, this home offers an excellent opportunity for homeowners and investors alike, and is priced below market to allow you to do so.
Neighborhood amenities include a community pool, parks, and walking/jogging trails, with easy access to 183A, shopping, and restaurants.

Property

Type
Single Family Residence
Levels
Two
Year built
2009
Lot size
0.17 acres
Subdivision
Summerlyn Ph L-1a
MLS #
ACT8853048

Inside

Bedrooms
4
Bathrooms
2.5
Living area
2,229 sqft

Outside / parking

Garage spaces
2

Schools

Elementary
North
High school
Glenn
District
Leander ISD

Costs

HOA
$97 / quarterly
Est. annual taxes
$7,311 (2026)

Listing

First listed
May 28, 2026
Days listed
60
Status
Pending

Listed by Dannielle Laramee, Coldwell Banker Realty · [email protected] · MLS# ACT8853048 · Pending

Estimate your monthly payment

Loan

Down payment
%
0%10%20%30%40%50%
Loan term
Interest rate (%)
3%5%7%9%

Yearly costs

Monthly payment

$0

Total monthly

Principal & interest
$0
Property tax
$0
Insurance
$0
HOA
$0
Loan amount
$0

Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.

Where this home sits

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