Active Listing  ·  42 days on market

1653 Coral Sunrise Trl

Leander, TX 78641
$329,900
4 Bed 3 Bath 2,046 sqft $161/sqft Built 2023 0.06 acres 2-Car Garage Pool Retreat/Hero Way

Come home to a quiet gated street where life just feels simpler. This home gives you room to spread out without the work of a big yard. There are four bedrooms and three full baths, and every bedroom has brand new carpet. A rare detached garage adds extra space for storage or a weekend workshop. Retreat at Hero Way is a small community of just 83 cottage homes behind a gate, and residents share a park and picnic area of their own. You're in Leander ISD, with the local elementary school about half a mile down the road. For a slow morning walk, Devine Lake Park is about a mile away. Getting around is easy too. Hop on 183A or catch the MetroRail at Leander Station, both just a couple of miles from your front door.

At $161/sqft, this home is 30% 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

1653 Coral Sunrise Trl, Leander, TX 78641

Property Details

Price $329,900
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 $161/sqft
Days on Market ,
HOA $95/Monthly
Annual Tax Est. $7,372.68
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247859247
List Date October 1, 2026
Elementary School Bagdad
Middle School Leander Middle
High School Leander High
School District Leander ISD

Leander ISD

Bagdad · Leander Middle · Leander High

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 · October 1, 2026 $348,900
Current ask $329,900
▼ Reduced $19,000 (-5.4%) 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
610 Riverway Ln
North Creek Sec 03a
$325,000 $189 3 bd / 2 ba 1,716 sqft , 2026-06-20
2005 Woodway Dr
Westwood Sec 05
$335,000 $191 3 bd / 2 ba 1,755 sqft , 2026-10-22
520 S Brook Dr
Heritage Glen Sec 01
$320,000 $199 3 bd / 2 ba 1,605 sqft , 2026-11-09
1804 Candlelight Dr
West Wood Sec 02
$319,900 $215 3 bd / 2 ba 1,486 sqft , 2026-10-22
709 LOS ROBLES Rd
Estate/North Crk Ranch Sec 02
$339,900 $150 4 bd / 3 ba 2,261 sqft , 2026-07-31

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
$1,584/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
$65,980
20% conventional investment loan

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

Estimated Gross Rent+$1,584
Principal + Interest−$1,800
Property Tax (assumed ~2.1%)−$577
Insurance (assumed ~0.5%)−$137
Est. Monthly Cash Flow $-930

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 · 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 November 5, 2026.

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

Save this home