About This Home

Welcome to your next home in the heart of Leander! Nestled on a quiet cul-de-sac, this charming property offers the perfect blend of comfort and convenience. Enjoy an open floor plan filled with natural light, a spacious kitchen made for gathering, and a serene primary suite to unwind at the end of the day. The backyard provides the ideal space for outdoor fun or peaceful evenings. Close to parks, schools, and shopping—this home truly has it all!

At $232/sqft, this home is 3% below the Leander active market average of $239/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

3025 Silvergrass Cv, Leander, TX 78641

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Property Details

Price $639,900

Status Active Listing

Beds 4

Full Baths 3

Half Baths ,

Living Area 2,754 sqft

Lot Size 0.17 acres (7,426.98 sqft)

Year Built 2016

Garage 3 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Bluffs/Crystal Falls Ph 3H Sec

County Travis

Zip Code 78641

$/sqft $232/sqft

Days on Market ,

HOA $63/Monthly

Annual Tax Est. $11,770.64

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT231585219

List Date May 28, 2026

Elementary School William J Winkley

Middle School Running Brushy

High School Leander High

School District ,

Have Questions About This Property?

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 · May 28, 2026 $675,000

Previous ask $649,900

Current ask $639,900

▼ Reduced $35,100 (-5.2%) 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

2216 Lookout Knoll Dr
Bluffs At Crystal Falls Sec 2 $648,000 $178 4 bd / 4 ba 3,642 sqft , 2025-11-03

1300 Terrace Vw
Whitestone Oaks $650,000 $181 4 bd / 3 ba 3,592 sqft , 2026-01-31

2525 Quick Fort Dr
Highlands/Crystal Falls Sec I $667,495 $182 5 bd / 4 ba 3,661 sqft , 2026-07-23

1503 Terrace View Dr
Whitestone Oaks At Anderson $599,000 $209 4 bd / 3 ba 2,866 sqft , 2026-05-28

1511 Rimstone Dr
Whitestone Oaks At Anderson $699,000 $207 5 bd / 4 ba 3,377 sqft , 2026-04-09

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

$3,072/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

$127,980

20% conventional investment loan

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

Estimated Gross Rent+$3,072

Principal + Interest−$3,492

Property Tax (~2.1% TX avg)−$1,120

Insurance (~0.5%)−$267

Est. Monthly Cash Flow $-1,807

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 →

About the Author

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 8, 2026.

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

3025 Silvergrass Cv

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Leander, TX

More Luxury Homes in Leander

3025 Silvergrass Cv

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Leander, TX

More Luxury Homes in Leander

Explore Austin Real Estate