Active Listing  ·  38 days on market

1924 Granite Springs Rd

Leander, TX 78641
$525,000
5 Bed 4 Bath 3,250 sqft $162/sqft Built 2013 0.16 acres 2-Car Garage Pool Cold Spgs Sec 01

Welcome home to 1924 Granite Springs! The seller has made the home ready for you by replacing major systems/expenses: New HVAC (‘26) Water Heater (‘26) & Roof (‘22). The open concept home features wood floors throughout downstairs with soaring high ceilings, a floor-to-ceiling stone fireplace and windows that fill the space with natural light. The fist floor not only hosts the primary bedroom, but an additional bedroom with closet that makes a great flex space as an office, study, or even a music or sewing room! The expansive primary suite impresses with a bay-windows, two oversized walk-in closets, dual-vanities, a garden soaking tub, walk-in shower, & private toilet. The oversized island kitchen is a true entertaining centerpiece complimenting the rest of the kitchen with stainless steel appliances, gas cooktop, built-in double ovens, ample cabinet storage & a built-in “command center” desk nook ready to be transformed into a bar. Upstairs a huge game room or second living area awaits along with 3 generous bedrooms with walk-in closets & 2 full baths. The main-floor laundry room is in a dedicated room right off the oversized 2 car garage holding double water heaters. Outside there is a private, fenced backyard with a covered patio, hot tub, mature shade trees & a turf lawn for low maintenance —perfect for relaxing or entertaining. Zoned to Leander ISD & minutes from Ronald Reagan Blvd, the 183A toll, Metro Rail (5 miles away that takes you right into Austin), Lakewood Park, shopping, dining, & parks, with an easy commute to Austin & The Domain. Move-in ready comfort in an unbeatable location!

Information is deemed reliable but not guaranteed. Buyer and Buyer's Agent are responsible for verifying all information, including but not limited to school zones/attendance boundaries, square footage, property taxes, lot size, and HOA rules or fees. School districts are subject to change and should be confirmed directly with the local school board.

At $162/sqft, this home is 32% 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

1924 Granite Springs Rd, Leander, TX 78641

Property Details

Price $525,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths ,
Living Area 3,250 sqft
Lot Size 0.16 acres (6,960.89 sqft)
Year Built 2013
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Cold Spgs Sec 01
County Williamson
Zip Code 78641
$/sqft $162/sqft
Days on Market ,
HOA $55/Monthly
Annual Tax Est. $11,580.4
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239293616
List Date July 9, 2026
Elementary School Akin
Middle School Knox Wiley
High School Rouse
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.

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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
1749 CACTUS MOUND Dr
Cold Springs
$499,900 $182 4 bd / 3 ba 2,754 sqft , 2026-07-16
2429 Leonards Pass
Hazelwood
$499,000 $196 4 bd / 3 ba 2,546 sqft , 2026-07-31
1101 Feather Reed Dr
Sarita Valley
$480,000 $166 4 bd / 3 ba 2,895 sqft , 2026-03-20
2509 Etta May Ln
Hazlewood Sub Ph 4A
$575,000 $162 5 bd / 4 ba 3,539 sqft , 2026-07-23
2625 Bowen St
Hazlewood Sub Ph 4B
$474,900 $172 4 bd / 3 ba 2,757 sqft , 2026-07-15

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
$2,520/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
$105,000
20% conventional investment loan

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

Estimated Gross Rent+$2,520
Principal + Interest−$2,865
Property Tax (~2.1% TX avg)−$919
Insurance (~0.5%)−$219
Est. Monthly Cash Flow $-1,483

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 August 15, 2026.

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