Active Listing  ·  99 days on market

2240 Greatwood Trl

Leander, TX 78641
$1,299,000
4 Bed 5 Bath 4,969 sqft $261/sqft Built 2026 1.00 acres 3-Car Garage Pool New Construction Toll Brothers at Woodland Estates

MLS# 4121050 - Built by Toll Brothers - Ready Now ~ The Rollinghill showcases elegance with an impressive foyer that flows past the beautiful formal dining room, revealing flanking dual stairways that perfectly frame the spacious great room and a view to the extensive covered patio beyond. Central to an airy casual dining area, the expertly crafted kitchen features plenty of counter and cabinet space, a gorgeous center island with accompanying breakfast bar, a sizable walk-in pantry, and a butler pantry that connects to the dining room. Tucked away off the great room, the palatial primary bedroom suite is highlighted by an expansive walk-in closet and tranquil primary bath with dual vanities, large soaking tub, luxurious shower with seat and drying area, and a private water closet. Secondary bedrooms, one with a private bath and one with a shared hall bath, feature walk-in closets and overlook a spacious loft. Additionally featured in the Rollinghill is a desirable first-floor bedroom suite with walk-in closet and private bath, a private office off the foyer, convenient powder room and everyday entry, centrally located first-floor laundry, and additional storage. Disclaimer: Photos are images only and should not be relied upon to confirm applicable features.

At $261/sqft, this home is priced 10% above the Leander active market average of $237/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2240 Greatwood Trl, Leander, TX 78641

Property Details

Price $1,299,000
Status Active Listing
Beds 4
Full Baths 4
Half Baths 1
Living Area 4,969 sqft
Lot Size 1.00 acres (43,603.56 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Toll Brothers at Woodland Estates
County Williamson
Zip Code 78641
$/sqft $261/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT238352775
List Date July 1, 2026
Elementary School Hisle
Middle School Danielson
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 · July 1, 2026 $1,389,000
Current ask $1,299,000
▼ Reduced $90,000 (-6.5%) 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
2453 Lineage Ln
Hilltop Ranch
$1,349,000 $307 4 bd / 5 ba 4,389 sqft , 2026-09-03
2992 Heritage Heights Rd
Hilltop Ranch
$1,199,900 $242 5 bd / 6 ba 4,966 sqft , 2026-09-16
2408 Descendant Dr
Hilltop Ranch
$1,199,000 $318 4 bd / 5 ba 3,776 sqft , 2026-09-03
2429 Lineage Ln
Hilltop Ranch
$1,169,900 $235 5 bd / 6 ba 4,982 sqft , 2026-04-01
2825 Whalesong Way
Leander Estates
$1,105,950 $240 4 bd / 5 ba 4,601 sqft , 2026-06-25

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
$6,235/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
$259,800
20% conventional investment loan

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

Estimated Gross Rent+$6,235
Principal + Interest−$7,089
Property Tax (~2.1% TX avg)−$2,273
Insurance (~0.5%)−$541
Est. Monthly Cash Flow $-3,668

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 October 8, 2026.

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