Active Listing  ·  42 days on market

1118 Remington Dr

Leander, TX 78641
$299,900
3 Bed 2 Bath 1,434 sqft $209/sqft Built 2006 0.16 acres 2-Car Garage Pool Benbrook Ranch Sec 01 Ph 02

Special Financing Available with JVM Lending: 2-1 Buydown

Buyer can secure 5.125% in Year 1, 6.125% in Year 2, and 7.125% from Year 3 onward (APR 7.325%)

Discover a harmonious blend of comfort and convenience in this delightful single-story residence, perfectly situated in a desirable Leander neighborhood. This home offers an inviting atmosphere, ideal for creating lasting memories. The thoughtfully designed layout features three comfortable bedrooms and two full bathrooms, providing ample space for relaxation and daily routines. With 1,434 square feet of living area, every corner feels both intimate and spacious.

Recent upgrades enhance the home’s appeal, including new flooring installed in 2024, updated countertops, refreshed cabinets, and replaced kitchen appliances such as the dishwasher and stove. A new water heater installed in 2021 adds efficiency and peace of mind. These improvements create a move-in-ready experience while preserving the home’s original charm.

Situated on a generous 0.16-acre lot, the property offers plenty of outdoor space for gardening, relaxation, or personal landscaping visions. The location delivers exceptional convenience, with doctor offices, CapMetro Rail access, daycare centers, restaurants, shopping, and schools all within a quick 3-minute drive. Families will appreciate having an elementary school within walking distance, making daily routines effortless.

Outdoor enthusiasts will love being just 3 minutes from Devine Lake Park, offering camping areas, fishing spots, scenic walking trails, and a dedicated kids’ play zone — a perfect blend of recreation and relaxation right at your doorstep. This charming home provides a serene escape while maintaining easy access to city conveniences, making it an exceptional place to call home.

At $209/sqft, this home is 12% below the Leander active market average of $237/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1118 Remington Dr, Leander, TX 78641

Property Details

Price $299,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,434 sqft
Lot Size 0.16 acres (7,100.28 sqft)
Year Built 2006
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Benbrook Ranch Sec 01 Ph 02
County Williamson
Zip Code 78641
$/sqft $209/sqft
Days on Market ,
HOA $40/Monthly
Annual Tax Est. $6,082.96
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242693797
List Date August 27, 2026
Elementary School Jim Plain
Middle School Danielson
High School Glenn
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 · August 27, 2026 $320,000
Previous ask $315,000
Current ask $299,900
▼ Reduced $20,100 (-6.3%) 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
1117 Waterfall Ave
Alterra
$299,000 $209 3 bd / 2 ba 1,434 sqft , 2026-09-15
800 Rubles Ct
Benbrook Ranch Sec 01 Ph 02
$298,000 $159 3 bd / 3 ba 1,878 sqft , 2026-07-17
701 Sparkling Brook Ln
North Creek Sec 3b
$296,000 $178 4 bd / 2 ba 1,662 sqft , 2026-08-28
824 Tabernash Dr
Savanna Ranch
$305,000 $182 3 bd / 2 ba 1,675 sqft , 2026-06-12
1304 Hensley Dr
Benbrook Ranch Sec 02 Ph 01
$309,400 $186 4 bd / 2 ba 1,660 sqft , 2026-05-08

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
$1,440/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
$59,980
20% conventional investment loan

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

Estimated Gross Rent+$1,440
Principal + Interest−$1,637
Property Tax (~2.1% TX avg)−$525
Insurance (~0.5%)−$125
Est. Monthly Cash Flow $-847

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

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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 September 19, 2026.

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