Active Listing  ·  91 days on market

224 Trellis Blvd

Leander, TX 78641
$300,000
3 Bed 2 Bath 1,545 sqft $194/sqft Built 2017 0.15 acres 2-Car Garage Pool Highland Terrace Ph 1

>> Zero-Down USDA Loan Eligible! Plus, Get up to 1% Lender Credit for Closing Costs or a Permanent Rate

Buydown - plus a FREE 1% lower rate for your first year. (Rate must be locked by 8/31/26 to receive the free 1/0 Buydown). ASK ME HOW! >> Nestled in the highly desirable boutique community of Grayson, this meticulously maintained, single-story gem offers the perfect blend of modern open-concept living and functional design. Its in-law layout for added privacy, this home is an absolute dream for first-time homebuyers or anyone looking to downsize without compromising on quality. The current owners have taken phenomenal care of this property, ensuring it is 100% move-in ready for its next chapter: New Roof installed May 2026, Freshly Painted Interior, water heater is only a couple of years old, and the HVAC/AC system has been meticulously serviced regularly. It also features a spacious lawn perfect for enjoying warm summer nights, complete with a generous 10 x 12 Tuff Shed. Enjoy access to fantastic neighborhood amenities, including a sparkling community pool to beat the summer heat and a fully stocked fishing pond. Located just one mile north of the beautiful San Gabriel River, minutes away from Costco and the highly anticipated, soon-to-come Target! Enjoy the charm and community of the City of Liberty Hill with the benefit of a Leander zipcode, all while being zoned for the highly acclaimed Leander ISD.

At $194/sqft, this home is 18% 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

224 Trellis Blvd, Leander, TX 78641

Property Details

Price $300,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,545 sqft
Lot Size 0.15 acres (6,581.92 sqft)
Year Built 2017
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Highland Terrace Ph 1
County Williamson
Zip Code 78641
$/sqft $194/sqft
Days on Market ,
HOA $199/Quarterly
Annual Tax Est. $6,596.35
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231471626
List Date June 24, 2026
Elementary School Larkspur
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.

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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 · June 24, 2026 $334,500
Previous ask $309,900
Current ask $300,000
Reduced $34,500 (-10.3%) 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
109 Filifera Ct
WILDLEAF
$299,900 $207 3 bd / 2 ba 1,449 sqft , 2026-07-08
604 Mourning Dove Ln
Summerlyn Ph L-4
$299,000 $241 3 bd / 2 ba 1,240 sqft , 2026-04-09
100 Centuryplant Rd
WILDLEAF
$299,000 $171 4 bd / 2 ba 1,746 sqft , 2026-06-24
124 Thrasher Cv
Summerlyn
$298,750 $184 3 bd / 2 ba 1,621 sqft , 2026-06-27
200 High Plains Pass
Orchard Ridge
$298,700 $216 3 bd / 2 ba 1,386 sqft , 2026-09-18

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
$1,440/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
$60,000
20% conventional investment loan

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

Estimated Gross Rent+$1,440
Principal + Interest−$1,637
Property Tax (~2.1% TX avg)−$525
Insurance (~0.5%)−$125
Est. Monthly Cash Flow $-847

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 September 22, 2026.

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