Water leakage within water distribution networks (WDNs) presents significant challenges, encompassing infrastructure damage, economic losses, and public health risks. Traditional methods for leak localization based on acoustic signals encounter inherent limitations due to environmental noise and signal distortions. In response to this crucial issue, this study introduces an innovative approach that utilizes deep learning-based techniques to estimate time delay for leak localization. The research findings reveal that while the Res1D-CNN model demonstrates inferior performance compared to the GCC-SCOT and BCC under high signal-to-noise ratio (SNR) conditions, it exhibits robust capabilities and higher accuracy in low SNR scenarios. The proposed method's efficacy was empirically validated through field measurements. This advancement in acoustic leak localization holds the potential to significantly improve fault diagnosis and maintenance systems, thereby enabling efficient management of WDNs.