Active Listing  ·  37 days on market

188 Green Egret Way

Leander, TX 78641
$374,000
5 Bed 3 Bath 2,757 sqft $136/sqft Built 2019 0.14 acres 2-Car Garage Pool SUMMERLYN WEST SEC 1

INCREDIBLE BUYER INCENTIVES: $6,000 MORTGAGE CONCESSION. Opendoor Home Loans will contribute up to $6,000 towards a permanent interest rate buy-down if you finance with Opendoor Home Loans LLC.

188 Green Egret Way is a two-story Leander home with approximately 2,757 square feet, five bedrooms and three full bathrooms. The kitchen features an island, pantry, range, microwave and refrigerator, opening to the dining and living areas. A fireplace anchors the main gathering space. The main-level primary bedroom connects to an adjoining bathroom and walk-in closet, with another bedroom near the front entry. Upstairs, three bedrooms share a full bathroom and a separate gathering area. A dedicated laundry room and two-car garage provide additional space. The floor plan places bedrooms on both levels with distinct areas for gathering. Included 100-Day Home Warranty with buyer activation

At $136/sqft, this home is 41% 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

188 Green Egret Way, Leander, TX 78641

Property Details

Price $374,000
Status Active Listing
Beds 5
Full Baths 3
Half Baths ,
Living Area 2,757 sqft
Lot Size 0.14 acres (6,054.84 sqft)
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision SUMMERLYN WEST SEC 1
County Williamson
Zip Code 78641
$/sqft $136/sqft
Days on Market ,
HOA $45/Monthly
Annual Tax Est. $8,959.62
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249019536
List Date October 6, 2026
Elementary School North
Middle School Danielson
High School Glenn
School District Leander ISD

Leander ISD

North · 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.

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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 6, 2026 $380,000
Current ask $374,000
▼ Reduced $6,000 (-1.6%) 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
153 Marcheeta Way
Summerlyn South Sec 2
$365,000 $146 4 bd / 3 ba 2,494 sqft , 2026-10-01
121 Tequilana Pass
Wildleaf
$364,990 $154 4 bd / 3 ba 2,376 sqft , 2026-01-16
124 Barn Owl Loop
Summerlyn
$362,800 $134 4 bd / 3 ba 2,717 sqft , 2026-10-23
141 Parryi Cv
Wildleaf
$360,000 $191 4 bd / 2 ba 1,885 sqft , 2025-08-11
172 Housefinch Loop
Summerlyn Ph L-3
$320,000 $144 4 bd / 3 ba 2,221 sqft , 2026-08-26

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
$1,795/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
$74,800
20% conventional investment loan

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

Estimated Gross Rent+$1,795
Principal + Interest−$2,041
Property Tax (assumed ~2.1%)−$655
Insurance (assumed ~0.5%)−$156
Est. Monthly Cash Flow $-1,057

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 · 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 12, 2026.

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

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