Active Listing  ·  52 days on market

2120 Leander St

Georgetown, TX 78626
$305,000
2 Bed 1 Bath 956 sqft $319/sqft Built 1940 0.13 acres Pool Lansdale 2

This 956-square-foot property features two bedrooms, two living areas, and an updated kitchen with stainless appliances and granite countertops. Its location near commercial properties may interest buyers considering future commercial use (buyer to verify). The flexible layout accommodates residential living, office conversion, or investment. The large corner lot offers strong redevelopment potential. Additional amenities include a spacious carport within a gated yard, solid wood floors, and a low-maintenance standing seam metal roof. Conveniently located near downtown Georgetown and Southwestern University, the property is move-in ready and suitable for future development.

At $319/sqft, this home is priced 41% above the Georgetown active market average of $227/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2120 Leander St, Georgetown, TX 78626

Property Details

Price $305,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 956 sqft
Lot Size 0.13 acres (5,832.68 sqft)
Year Built 1940
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Lansdale 2
County Williamson
Zip Code 78626
$/sqft $319/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,476
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236216843
List Date June 13, 2026
Elementary School Annie Purl
Middle School James Tippit
High School East View
School District ,

Luke Allen (TREC #788149) has deep knowledge of Georgetown 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 · June 13, 2026 $330,000
Previous ask $310,000
Current ask $305,000
Reduced $25,000 (-7.6%) 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 Georgetown

Comparable Listings Right Now

Homes currently for sale in Georgetown 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
228 Gus Loop
Rancho San Gabriel
$302,900 $239 3 bd / 2 ba 1,266 sqft , 2026-03-10
116 Harness Ln
Neighborhood 11 Ph 02-A
$307,500 $267 2 bd / 2 ba 1,153 sqft , 2026-07-31
251 Gus Loop
Rancho San Gabriel
$300,900 $238 3 bd / 2 ba 1,262 sqft , 2026-06-10
202 Forest St
South San Gabriel Urban Renewal Blk O
$300,000 $343 3 bd / 1 ba 875 sqft , 2026-02-13
401 Yorktown St
Sun City
$300,000 $244 2 bd / 2 ba 1,229 sqft , 2026-05-08

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
$1,464/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
$61,000
20% conventional investment loan

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

Estimated Gross Rent+$1,464
Principal + Interest−$1,665
Property Tax (~2.1% TX avg)−$534
Insurance (~0.5%)−$127
Est. Monthly Cash Flow $-862

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 Georgetown, TX

Georgetown sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Dell Technologies HQ 20 min S
Apple Campus (Domain) 30 min S
Williamson County jobs hub 5-10 min

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