Active Listing  ·  138 days on market

124 Thrasher Cv

Leander, TX 78641
$294,000
3 Bed 2 Bath 1,920 sqft $153/sqft Built 2016 0.14 acres Pool Summerlyn

This beautiful stone & brick one-story home with spacious floor-plan features open living, dining & kitchen. The kitchen

features granite countertops, prep island, lots of storage & classic black appliances. Inviting Primary suite & bath with

dual sinks, large soaking tub & separate shower. Warm wood laminate floors & tile throughout most of the house.

Great backyard that backs to an Open Space (no neighbor bordering behind you) with covered patio and deck area

perfect for outdoor entertaining. The game room/flex space (previously garage) is an added bonus to this model-like

home. The garage door and tracks have been left in place for convenient reconversion back to garage form. Wonderful community amenities, close to shopping, dining, and highways for commutes.

At $153/sqft, this home is 33% below the Leander active market average of $230/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

124 Thrasher Cv, Leander, TX 78641

Property Details

Price $294,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,920 sqft
Lot Size 0.14 acres (6,229.08 sqft)
Year Built 2016
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Summerlyn
County Williamson
Zip Code 78641
$/sqft $153/sqft
Days on Market ,
HOA $80/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237866162
List Date June 27, 2026
Elementary School Larkspur
Middle School Danielson
High School Glenn
School District Leander ISD

Leander ISD

Larkspur · Danielson · Glenn

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 · June 27, 2026 $325,000
Previous ask $295,000
Current ask $294,000
▼ Reduced $31,000 (-9.5%) 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
216 Hoot Owl Ln N
SUMMERLYN
$295,000 $195 3 bd / 2 ba 1,515 sqft , 2026-10-22
100 Magpie Goose Ln
Summerlyn Ph P-4b
$289,000 $141 4 bd / 3 ba 2,051 sqft , 2026-07-30
136 Nogalito Way
Larkspur
$282,999 $179 3 bd / 2 ba 1,577 sqft , 2026-11-05
172 Housefinch Loop
Summerlyn Ph L-3
$320,000 $144 4 bd / 3 ba 2,221 sqft , 2026-08-26
132 Walkup Ln
Larkspur
$324,500 $190 4 bd / 2 ba 1,704 sqft , 2026-04-23

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
$1,411/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
$58,800
20% conventional investment loan

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

Estimated Gross Rent+$1,411
Principal + Interest−$1,604
Property Tax (assumed ~2.1%)−$515
Insurance (assumed ~0.5%)−$123
Est. Monthly Cash Flow $-831

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

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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 · 41 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. The written content was last updated on October 22, 2026.

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

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