Active Listing  ·  583 days on market

103 CR 180 None #17

Leander, TX 78641
$499,000
4 Bed 2 Bath 2,347 sqft $213/sqft Built 2018 0.19 acres 2-Car Garage Pool Reserve at Caballo Ranch

Discover this stunning 4-bedroom, 2-bathroom home located in the prestigious gated community of The Reserve at Caballo Ranch. This exceptional property offers a blend of elegance and functionality, featuring hardwood floors, granite countertops, and stainless steel appliances. The spacious living area boasts a cozy fireplace, while the extended covered patio is perfect for outdoor relaxation.

The master suite is a private retreat with a massive walk-in closet, thoughtfully separated from the other bedrooms. Additional features include a walk-in kitchen pantry and a 5-foot garage bump-out for extra storage. Residents of this gated community enjoy exclusive access to a sparkling pool, perfect for leisure and socializing. Conveniently located just 2 miles from HWY-183, this home offers the perfect blend of luxury and practicality. Don't miss this incredible opportunity!

At $213/sqft, this home is 11% below the Leander active market average of $239/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

103 CR 180 None #17, Leander, TX 78641

Property Details

Price $499,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 2,347 sqft
Lot Size 0.19 acres (8,276.4 sqft)
Year Built 2018
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Reserve at Caballo Ranch
County Williamson
Zip Code 78641
$/sqft $213/sqft
Days on Market ,
HOA $500/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT175667879
List Date January 10, 2025
Elementary School Block House
Middle School Stiles
High School Rouse
School District ,

Luke Allen (TREC #788149) has deep knowledge of Leander and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · January 10, 2025 $675,000
Previous ask $510,000
Current ask $499,000
Reduced $176,000 (-26.1%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

Similar Homes on the Market in Leander

Comparable Listings Right Now

Homes currently for sale in Leander with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
2625 Bowen St
Hazlewood Sub Ph 4B
$474,900 $172 4 bd / 3 ba 2,757 sqft , 2026-07-15
103 County Road 180 None #19
Reserve/Caballo Ranch Condos
$530,000 $221 4 bd / 3 ba 2,396 sqft , 2025-12-06
13701 Ronald W Reagan Blvd #101
Edgewater Condos
$439,900 $217 3 bd / 2 ba 2,028 sqft , 2026-07-16
13701 Ronald W Reagan Blvd #84
EDGEWATER CONDOS
$420,000 $224 3 bd / 2 ba 1,876 sqft , 2026-07-14
13701 Ronald W Reagan Blvd #68
Edgewater Condos
$415,000 $190 3 bd / 3 ba 2,181 sqft , 2026-04-11

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$2,395/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$99,800
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$2,395
Principal + Interest−$2,723
Property Tax (~2.1% TX avg)−$873
Insurance (~0.5%)−$208
Est. Monthly Cash Flow $-1,409

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Leander, TX

Leander sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Apple Campus (Domain) 25 min SE
Dell Technologies HQ 20 min SE
Samsung Austin Semiconductor 30 min SE

More Luxury Homes in Leander

Loading…
View All Luxury Homes →
About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on July 31, 2026.

📞 (254) 718-2567 [email protected] More about Luke →