Active Listing  ·  34 days on market

2112 Peoria Dr

Leander, TX 78641
$674,000
5 Bed 5 Bath 3,621 sqft $186/sqft Built 2015 0.30 acres 3-Car Garage Pool Fairways At Crystal Falls Sec

Welcome to 2112 Peoria Drive, where space, flexibility, and lifestyle come together behind the gates of The Fairways at Crystal Falls.

Designed for large families, this five-bedroom home offers a versatile floor plan with two bedrooms on the main level and three upstairs. The secondary downstairs bedroom is ideal for multi-generational living, overnight guests, a nursery, or simply added flexibility.

Soaring ceilings and abundant natural light welcome you into an oversized living room framed by windows overlooking the backyard. A dedicated office with French doors provide a quiet place to work, while the kitchen is truly made for gathering, with generous prep space, abundant cabinetry and storage, and plenty of room for meals, conversation, and connection.

Upstairs, gorgeous ornate railing overlooks the living space below. Two bedrooms share a connecting bath, while a third features its own en-suite. A spacious game room and separate media room create even more room for movie nights, gaming, homework, or simply spreading out.

The three-car garage with tall ceilings offers space for more than vehicles. Use the third bay for a boat or golf cart, create a home gym, or take advantage of the extra storage.

Out back, the expansive yard gives you room to dream—add a pool, sports court, trampoline, outdoor kitchen, or create your own private retreat.

Behind the gates of The Fairways at Crystal Falls, you’re surrounded by Texas Hill Country beauty and an active lifestyle with community pools, parks, trails, sports courts, fishing, disc golf, and Crystal Falls Golf Club nearby.

At 2112 Peoria Drive, there’s room to gather, room to grow, and room to create the life you’ve been looking for. All information provided is deemed reliable but is not guaranteed and should be independently verified.

At $186/sqft, this home is 19% 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

2112 Peoria Dr, Leander, TX 78641

Property Details

Price $674,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths 1
Living Area 3,621 sqft
Lot Size 0.30 acres (13,264.02 sqft)
Year Built 2015
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Fairways At Crystal Falls Sec
County Travis
Zip Code 78641
$/sqft $186/sqft
Days on Market ,
HOA $92/Monthly
Annual Tax Est. $15,168.67
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249211072
List Date October 9, 2026
Elementary School William J Winkley
Middle School Running Brushy
High School Leander High
School District Leander ISD

Leander ISD

William J Winkley · Running Brushy · 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.

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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 9, 2026 $699,000
Current ask $674,000
▼ Reduced $25,000 (-3.6%) 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
1709 Hollowback Dr
Mason Ranch Ph 2 Sec 2B
$679,000 $236 4 bd / 3 ba 2,882 sqft , 2026-09-10
1904 Alamo Bound None
Crystal Falls
$650,000 $178 5 bd / 4 ba 3,656 sqft , 2026-10-21
2525 Quick Fort Dr
Highlands/Crystal Falls Sec I
$649,900 $178 5 bd / 4 ba 3,661 sqft , 2026-09-16
1928 Bold Sundown Dr
Fairways At Crystal Falls Sec
$635,000 $193 4 bd / 3 ba 3,296 sqft , 2026-04-16
2632 Outlook Ridge Loop
Bluffs At Crystal Falls Sec 1
$635,000 $246 4 bd / 3 ba 2,581 sqft , 2026-10-27

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
$3,235/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
$134,800
20% conventional investment loan

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

Estimated Gross Rent+$3,235
Principal + Interest−$3,678
Property Tax (assumed ~2.1%)−$1,180
Insurance (assumed ~0.5%)−$281
Est. Monthly Cash Flow $-1,904

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 11, 2026.

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

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