Active Listing  ·  35 days on market

305 Edgewood Cv

Leander, TX 78641
$344,000
4 Bed 3 Bath 2,679 sqft $128/sqft Built 2002 0.18 acres 2-Car Garage Pool WESTWOOD SEC 2
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About This Home

INCREDIBLE BUYER INCENTIVES: $5,000 MORTGAGE CONCESSION. Opendoor Home Loans will contribute up to $5,000 towards a permanent interest rate buy-down if you finance with Opendoor Home Loans LLC.

Discover 305 Edgewood Cv, recently updated with fresh interior paint and partial flooring replacement throughout. The kitchen features a functional island, all stainless steel appliances, and a convenient walk-in pantry. A cozy fireplace adds warmth, and the property includes a fenced in backyard for outdoor enjoyment. This home seamlessly blends updates with everyday comfort and style. Included 100-Day Home Warranty with buyer activation

At $128/sqft, this home is 46% 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

305 Edgewood Cv, Leander, TX 78641

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Property Details

Price $344,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,679 sqft
Lot Size 0.18 acres (7,840.8 sqft)
Year Built 2002
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision WESTWOOD SEC 2
County Williamson
Zip Code 78641
$/sqft $128/sqft
Days on Market ,
HOA $41.25/Monthly
Annual Tax Est. $6,955.41
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243791173
List Date August 18, 2026
Elementary School Knowles
Middle School Leander Middle
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 · August 18, 2026 $360,000
Previous ask $354,000
Current ask $344,000
▼ Reduced $16,000 (-4.4%) 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
2014 Woodway Dr
Westwood Sec 05 $350,000 $129 4 bd / 3 ba 2,710 sqft , 2026-07-22
913 Whitley Dr
Benbrook Ranch Sec 01 Ph 02 $335,000 $178 4 bd / 3 ba 1,878 sqft , 2026-06-01
1105 SOUTH BROOK Dr
BENBROOK RANCH $335,000 $188 3 bd / 2 ba 1,782 sqft , 2026-08-12
313 Olmos Dr
Vista Ridge $355,000 $139 4 bd / 3 ba 2,548 sqft , 2026-07-27
713 Ranchero Rd
Estates North Creek Ranch Sec 01 $330,000 $168 3 bd / 2 ba 1,970 sqft , 2026-08-26

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
$1,651/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
$68,800
20% conventional investment loan

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

Estimated Gross Rent+$1,651
Principal + Interest−$1,877
Property Tax (~2.1% TX avg)−$602
Insurance (~0.5%)−$143
Est. Monthly Cash Flow $-971

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 10, 2026.

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