Active Listing  ·  108 days on market

2748 Granite Creek Dr

Leander, TX 78641
$335,000
3 Bed 2 Bath 1,848 sqft $181/sqft Built 2003 0.14 acres 2-Car Garage Pool Lakeline Ranch Sub

Seller offering up to 2% in seller credits to use towards rate buy down or closing costs with preferred lender. Charming 3-bedroom, 2-bath ranch in an established neighborhood, offering a comfortable layout with updates throughout. The bright living spaces flow easily into the kitchen and dining area, creating a welcoming setup for everyday living. A large fenced-in backyard provides plenty of room to relax or play, complete with a covered patio and a spacious deck ideal for outdoor entertaining. A well-kept home with great functionality and a warm, inviting feel.

At $181/sqft, this home is 21% 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

2748 Granite Creek Dr, Leander, TX 78641

Property Details

Price $335,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,848 sqft
Lot Size 0.14 acres (6,137.6 sqft)
Year Built 2003
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lakeline Ranch Sub
County Williamson
Zip Code 78641
$/sqft $181/sqft
Days on Market ,
HOA $47/Monthly
Annual Tax Est. $7,606.91
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241179935
List Date July 27, 2026
Elementary School William J Winkley
Middle School Running Brushy
High School Leander High
School District Leander ISD

Leander ISD

William J Winkley · Running Brushy · Leander High

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 27, 2026 $385,000
Previous ask $350,000
Current ask $335,000
▼ Reduced $50,000 (-13.0%) 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
2423 BYFIELD Dr
COVENTRY CROSSING, SEC. 1
$336,000 $183 3 bd / 3 ba 1,832 sqft , 2026-06-13
1605 Hawk Dr
Heritage Park Sec 3
$340,000 $202 3 bd / 2 ba 1,682 sqft , 2026-10-29
2210 Clayton Way
Gann Ranch Sec 01
$325,000 $270 3 bd / 2 ba 1,205 sqft , 2026-09-15
2312 Natalie Cv
Heritage Park Sec 1
$325,000 $218 3 bd / 2 ba 1,493 sqft , 2026-10-28
1721 Fairweather Way
Carriage Hills 2 sec 4
$320,000 $199 4 bd / 2 ba 1,606 sqft , 2026-07-29

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
$1,608/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
$67,000
20% conventional investment loan

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

Estimated Gross Rent+$1,608
Principal + Interest−$1,828
Property Tax (assumed ~2.1%)−$586
Insurance (assumed ~0.5%)−$140
Est. Monthly Cash Flow $-946

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 6, 2026.

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

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