Active Listing  ·  103 days on market

2208 Bonavista Way

Leander, TX 78641
$550,000
4 Bed 4 Bath 2,787 sqft $197/sqft Built 2017 0.15 acres 2-Car Garage Pool Palmera Ridge

Every day can feel like a vacation at 2208 Bonavista Way. From the sparkling pool and relaxing hot tub to the flexible layout designed for everyday living and entertaining, this is the kind of home you may never want to leave. Explore the custom property website and 3D tour: https://show.tours/2208bonavistawy.

Welcome to resort-style living in the highly sought-after Palmera Ridge community. This beautifully maintained 4-bedroom, 3.5-bath home offers 2,787 square feet with a main-level primary suite, dedicated flex room, and multiple living spaces.

The light-filled open-concept interior features soaring vaulted ceilings, wood flooring, and a spacious kitchen built for entertaining. Enjoy a large center island with breakfast seating, stainless steel appliances, abundant cabinetry and counter space, plus a walk-in pantry.

The primary suite is conveniently located downstairs, while the main-level flex room offers options for a home office, playroom, workout space, or guest area. Upstairs, spacious secondary bedrooms are joined by another living area ideal for a game room, media room, or retreat.

Step outside to the feature that truly sets this home apart—your private backyard oasis. Enjoy a sparkling in-ground pool, relaxing hot tub, waterfall feature, covered patio, landscaped yard, and automatic irrigation. From summer pool parties to peaceful evenings under the Texas sky, this backyard was made to be enjoyed.

Additional features include a tankless water heater, masonry-all-sides construction with stone and stucco accents, two-car garage, and impressive curb appeal.

Palmera Ridge offers parks, playgrounds, and miles of walking and biking trails. H-E-B, shopping, dining, 183A, TX-45, and Mopac are minutes away, providing convenient access to Austin, Cedar Park, Round Rock, Apple, Dell, Samsung, and other major employment centers.

Space, flexibility, location, and your own private backyard resort—2208 Bonavista Way brings it all together.

At $197/sqft, this home is 14% 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

2208 Bonavista Way, Leander, TX 78641

Property Details

Price $550,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,787 sqft
Lot Size 0.15 acres (6,372.83 sqft)
Year Built 2017
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Palmera Ridge
County Williamson
Zip Code 78641
$/sqft $197/sqft
Days on Market ,
HOA $150/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242007149
List Date August 1, 2026
Elementary School Pleasant Hill (Leander ISD)
Middle School Knox Wiley
High School Rouse
School District Leander ISD

Leander ISD

Pleasant Hill (Leander ISD) · Knox Wiley · Rouse

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 · August 1, 2026 $560,000
Current ask $550,000
▼ Reduced $10,000 (-1.8%) 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
2913 Zuni Path
Bluffview Reserve
$549,900 $192 5 bd / 5 ba 2,865 sqft , 2026-05-13
2424 Costera St
Palmera Ridge
$564,900 $220 4 bd / 3 ba 2,570 sqft , 2026-07-09
2017 Palmera Ridge Blvd 2017 Palmera Ridge Blvd Blvd
Palmera Ridge
$529,000 $212 5 bd / 3 ba 2,500 sqft , 2026-06-30
3001 Ottawa St
Bluffview Reserve
$584,990 $185 5 bd / 3 ba 3,154 sqft , 2026-02-20
2020 Palmera Ridge Blvd
Palmera Rdg Sec 7
$499,000 $197 4 bd / 4 ba 2,536 sqft , 2026-10-01

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
$2,640/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
$110,000
20% conventional investment loan

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

Estimated Gross Rent+$2,640
Principal + Interest−$3,002
Property Tax (assumed ~2.1%)−$963
Insurance (assumed ~0.5%)−$229
Est. Monthly Cash Flow $-1,554

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 3, 2026.

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

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