Active Listing  ·  244 days on market

3028 Silvergrass Cv

Leander, TX 78641
$745,000
5 Bed 5 Bath 3,373 sqft $221/sqft Built 2017 0.18 acres 2-Car Garage Pool Bluffs/Crystal Falls Sec 3 Ph

The opportunity you've been waiting for. A truly, turnkey 5-Bedroom 5-Bath Home in the prestigious Bluffs at Crystal Falls with a new and improved price. This meticulously maintained home on a quiet cul-de-sac in the coveted Bluffs at Crystal Falls is the rare find where every major improvement has already been completed. Key features include, 3732 sq ft living space, 7,993 sq ft lot, built in 2017, 5 bedrooms, 5 bathrooms, 2 living areas, 2 dining areas, dedicated main level office, primary suite + guest suite on main level, 2-car garage with expanded attic storage, 4 vehicle extra long driveway, private fenced backyard with a covered flagstone patio. The recent upgrades of a brand-new roof (2025), fresh exterior paint, full interior refresh (March 2026), new water heater with 10-year warranty, new water softener (2026), new dishwasher and refrigerator. The kitchen boasts stone countertops and tile backsplash, stainless steel appliances, generous prep and gathering space. You'll enjoy the tech convenience. Hardwired ethernet in every room is ideal for remote work and streaming. Pre-wired 7.1 professional-grade surround sound in upstairs living/media/family room, recessed lighting and smart switches throughout. Comprehensive ring and PoE camera security system is ready for activation. The neighborhood at the Bluffs at Crystal Falls offers a community pool, playground, park, and walking trails. Located in Leander ISD, with nearby shopping, dining, and entertainment along the 183A corridor. In a market where true move-in-ready homes are rare, this one delivers. No renovation stress, no deferred maintenance, and no surprises with a Pre-inspection. This is just a beautifully updated home ready for its next chapter. Schedule your private showing today.

At $221/sqft, this home is 4% 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

3028 Silvergrass Cv, Leander, TX 78641

Property Details

Price $745,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths 1
Living Area 3,373 sqft
Lot Size 0.18 acres (7,993.26 sqft)
Year Built 2017
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Bluffs/Crystal Falls Sec 3 Ph
County Travis
Zip Code 78641
$/sqft $221/sqft
Days on Market ,
HOA $56/Monthly
Annual Tax Est. $13,049.94
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT222349790
List Date March 13, 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 · March 13, 2026 $799,000
Previous ask $759,000
Current ask $745,000
▼ Reduced $54,000 (-6.8%) 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
2512 Thunder Horse None
Highlands at Crystal Falls Sec I
$775,000 $207 5 bd / 4 ba 3,750 sqft , 2026-08-13
2112 Peoria Dr
Fairways At Crystal Falls Sec
$674,000 $186 5 bd / 5 ba 3,621 sqft , 2026-10-09
1825 Wolf Dancer None
Highlands At Crystal Falls Sec 2A
$839,000 $233 5 bd / 4 ba 3,603 sqft , 2026-07-30
1904 Alamo Bound None
Crystal Falls
$650,000 $178 5 bd / 4 ba 3,656 sqft , 2026-10-21
2525 Quick Fort Dr
Highlands/Crystal Falls Sec I
$649,900 $178 5 bd / 4 ba 3,661 sqft , 2026-09-16

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
$3,576/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
$149,000
20% conventional investment loan

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

Estimated Gross Rent+$3,576
Principal + Interest−$4,066
Property Tax (assumed ~2.1%)−$1,304
Insurance (assumed ~0.5%)−$310
Est. Monthly Cash Flow $-2,104

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 2, 2026.

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

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