Active Listing  ·  146 days on market

1653 Coral Sunrise Trl

Leander, TX 78641
$324,999
4 Bed 3 Bath 2,046 sqft $159/sqft Built 2023 0.06 acres 2-Car Garage Pool Retreat/Hero Way

? MOTIVATED BANK | SHORT SALE | $325K | 2022 BUILD | ACT BEFORE SEPTEMBER

Smart buyers know a real opportunity when they see one. Welcome to 1623 Coral Sunrise Trail — a 2022-built, 4 bedroom, 3 full bath, 2,046 SF two-story home tucked inside The Retreat at Hero Way, one of Leander's most sought-after boutique gated communities. This is a short sale priced at $325,000 — well below what 2022 construction in a gated Leander community should cost — because the bank has a September 1, 2026 deadline. That deadline is your advantage. Motivated bank. Move-in ready home. Builder warranty still active and transferable to you at closing. Inside, you'll find a thoughtfully designed open floor plan with modern finishes, neutral tones, quartz countertops, stainless appliances, and smart home technology throughout — video doorbell, smart thermostat, and Wi-Fi garage opener included. The two-car garage and two-story layout give you space for every lifestyle: growing family, home office, guest suite, or investment property. The Retreat at Hero Way delivers a lock-and-leave lifestyle with gated security, a community playground and picnic area, and dog-friendly spaces — all for just $65/month HOA. And location? Less than a mile to H-E-B Plus, 5 minutes to the Leander Metro Station for a stress-free Austin commute, and minutes to Williamson County Regional Park's 800 acres of trails and recreation. Leander ISD schools serve this address. Builder warranty transfers. Property is vacant — showings available immediately. Offered as a short sale. All offers subject to lender/bank approval. Serious, pre-approved buyers: submit strong offers now. September 1 is not a soft deadline. This is your window.

At $159/sqft, this home is 33% 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

1653 Coral Sunrise Trl, Leander, TX 78641

Property Details

Price $324,999
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,046 sqft
Lot Size 0.06 acres (2,827.04 sqft)
Year Built 2023
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Retreat/Hero Way
County Williamson
Zip Code 78641
$/sqft $159/sqft
Days on Market ,
HOA $95/Monthly
Annual Tax Est. $7,906.1
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT223481617
List Date March 23, 2026
Elementary School Bagdad
Middle School Leander Middle
High School Leander High
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 →

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
610 Riverway Ln
North Creek Sec 03a
$325,000 $189 3 bd / 2 ba 1,716 sqft , 2026-06-20
701 Los Robles Rd
Estates of North Creek Ranch Sec 02
$320,000 $204 3 bd / 2 ba 1,572 sqft , 2026-03-13
607 Sparkling Brook Ln
North Creek Sec 03a
$330,000 $168 4 bd / 3 ba 1,964 sqft , 2026-04-02
710 Encanto Dr
ESTATES OF NORTH CREEK RANCH SEC 4
$330,000 $160 3 bd / 3 ba 2,062 sqft , 2026-08-05
1005 W South St
Westview Meadows Ph 01
$315,000 $157 3 bd / 2 ba 2,001 sqft , 2026-05-27

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
$1,560/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
$65,000
20% conventional investment loan

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

Estimated Gross Rent+$1,560
Principal + Interest−$1,774
Property Tax (~2.1% TX avg)−$569
Insurance (~0.5%)−$135
Est. Monthly Cash Flow $-918

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 · 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 20, 2026.

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