Active Listing  ·  22 days on market

185 Munk Ln

Leander, TX 78641
$385,000
4 Bed 3 Bath 2,159 sqft $178/sqft Built 2021 0.14 acres 2-Car Garage Pool Larkspur

Beautifully maintained 2,100 SF one-story home featuring an open-concept floor plan with 4 bedrooms and 3 full baths. The spacious living room offers warm wood flooring and flows seamlessly into the main living areas, complemented by neutral carpeting in the bedrooms. Enjoy the convenience of a 2-car garage and a large fenced backyard, perfect for outdoor entertaining or relaxation. Only 5 years old and located in the desirable Larkspur community, this home offers comfortable, modern living in a welcoming neighborhood.

SHORT SALE subject to lender approval

At $178/sqft, this home is 25% 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

185 Munk Ln, Leander, TX 78641

Property Details

Price $385,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,159 sqft
Lot Size 0.14 acres (6,229.08 sqft)
Year Built 2021
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Larkspur
County Williamson
Zip Code 78641
$/sqft $178/sqft
Days on Market ,
HOA $60/Monthly
Annual Tax Est. $10,649
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245380894
List Date September 1, 2026
Elementary School LouineNoble
Middle School Santa Rita Middle
High School Liberty Hill
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
309 Lewisville Ln
Caughfield Ph 1
$379,426 $184 3 bd / 2 ba 2,057 sqft , 2026-07-29
319 Arrowhead Vine St
Caughfield Ph 6
$378,000 $163 4 bd / 3 ba 2,313 sqft , 2026-07-28
2504 INDIAN CLOVER Trl
Bar W Ranch West Ph 5
$375,000 $179 4 bd / 3 ba 2,092 sqft , 2026-09-19
2009 Arbuckle Dr
BAR W RANCH
$395,990 $194 4 bd / 3 ba 2,042 sqft , 2026-08-10
2132 Ringstaff Rd
Bryson Ph 1 Sec 1E Final
$374,000 $223 4 bd / 2 ba 1,678 sqft , 2026-09-01

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
$1,848/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
$77,000
20% conventional investment loan

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

Estimated Gross Rent+$1,848
Principal + Interest−$2,101
Property Tax (~2.1% TX avg)−$674
Insurance (~0.5%)−$160
Est. Monthly Cash Flow $-1,087

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 September 19, 2026.

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