Active Listing  ·  76 days on market

2204 Bonavista Way

Leander, TX 78641
$419,900
3 Bed 3 Bath 2,199 sqft $191/sqft Built 2017 0.15 acres 2-Car Garage Pool Palmera Ridge

This one has the kind of details that make you stop and take notice. One level living with an open, flowing layout including engineered wood floors in the main living areas, granite countertops, and a kitchen with a center island that connects effortlessly to the living space. It's the kind of home that just feels right the moment you walk in. But the covered rear patio with a stone fireplace? That's the moment you fall in love. Additionally, there is a secondary living room space, which would be perfect for a kids game-room, media room, or dedicated office space. Whether it's a quiet morning with coffee or a weekend gathering with friends, that outdoor living space is something you'll use every single day. The primary suite was designed to be your personal retreat with high ceilings, a spacious custom closet, and an ensuite bath with soaring ceilings, dual sinks, a soaking tub, and a separate shower. Plush carpet in the bedrooms rounds out the warmth and comfort this home delivers at every turn. Living in Palmera Ridge means a community pool, amenity center, playgrounds, and hike and bike trails are all just steps away. Easy access to US-183 and Ronald Reagan Blvd keeps you connected to Cedar Park, Leander, and Austin, just 30 miles south. Zoned to the highly regarded Leander ISD. Homes like this don't sit long, come tour it for yourself! Discounted rate options and no lender fee future refinancing may be available for qualified buyers of this home.

At $191/sqft, this home is 19% 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

2204 Bonavista Way, Leander, TX 78641

Property Details

Price $419,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,199 sqft
Lot Size 0.15 acres (6,499.15 sqft)
Year Built 2017
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Palmera Ridge
County Williamson
Zip Code 78641
$/sqft $191/sqft
Days on Market ,
HOA $150/Quarterly
Annual Tax Est. $10,644.52
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239292142
List Date July 9, 2026
Elementary School Tarvin
Middle School Knox Wiley
High School Glenn
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 →

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 · July 9, 2026 $450,000
Previous ask $439,900
Current ask $419,900
Reduced $30,100 (-6.7%) 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
1724 River Plateau Dr
River Bluff
$419,397 $173 4 bd / 3 ba 2,429 sqft , 2026-07-30
2224 Bonavista Way
Palmera Ridge Sec 4
$415,000 $222 3 bd / 2 ba 1,867 sqft , 2026-09-01
1640 River Plateau Dr
River Bluff
$398,509 $181 3 bd / 3 ba 2,200 sqft , 2026-07-29
2341 Gabriels Horn Rd
BAR W RANCH
$458,000 $195 3 bd / 3 ba 2,345 sqft , 2026-04-16
2629 San Bautista Way
Palmera Ridge
$372,000 $186 3 bd / 3 ba 2,005 sqft , 2026-09-14

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
$2,016/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
$83,980
20% conventional investment loan

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

Estimated Gross Rent+$2,016
Principal + Interest−$2,292
Property Tax (~2.1% TX avg)−$735
Insurance (~0.5%)−$175
Est. Monthly Cash Flow $-1,186

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 · 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 17, 2026.

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