Active Listing  ·  80 days on market

341 Ancellotta Way

Leander, TX 78641
$305,000
3 Bed 2 Bath 1,243 sqft $245/sqft Built 2019 0.11 acres 2-Car Garage Pool Highland Terrace

Just Listed! Charming single-family residence, located in the desirable Grayson neighborhood in Leander, Texas. Built in 2019, this thoughtfully designed home offers three comfortable bedrooms and two full bathrooms across 1,243 square feet of living space, all nestled on a manageable 4,875 square foot lot. The welcoming facade, featuring attractive stone and wood siding accents, rain gutters, and a well-maintained garden, invites you into a serene living experience.

The Grayson community provides unparalleled amenities for relaxation and entertainment. Residents enjoy exclusive access to a state-of-the-art amenity center, complete with a refreshing swimming pool, ample lounging areas, and an outdoor kitchen perfect for hosting gatherings. Weekends can be spent creating lasting family memories at the fully stocked fishing pond, or exploring nearby parks, scenic hiking trails, and convenient paw parks. The neighborhood is zoned for the highly-regarded Leander ISD, including Larkspur Elementary, Wiley Middle School, and Glenn High School.

This prime location ensures an effortless commute via Highway 183 and offers quick access to an abundance of shopping and dining options. Major retail destinations like Lakeline Mall, The Parke, and 1890 Ranch shopping center, housing stores such as Whole Foods, Costco, and Super Target, are just a short drive away. A diverse array of restaurants, including Chuy's, Red Robin Burgers, and Longhorn Steakhouse, caters to every culinary preference, making everyday living both convenient and enjoyable.

At $245/sqft, this home is priced 3% 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

341 Ancellotta Way, Leander, TX 78641

Property Details

Price $305,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,243 sqft
Lot Size 0.11 acres (4,874.36 sqft)
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Highland Terrace
County Williamson
Zip Code 78641
$/sqft $245/sqft
Days on Market ,
HOA $195/Quarterly
Annual Tax Est. $6,184.16
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237792992
List Date July 5, 2026
Elementary School Larkspur
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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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
224 Trellis Blvd
Highland Terrace Ph 1
$300,000 $194 3 bd / 2 ba 1,545 sqft , 2026-06-24
109 Filifera Ct
WILDLEAF
$299,900 $207 3 bd / 2 ba 1,449 sqft , 2026-07-08
604 Mourning Dove Ln
Summerlyn Ph L-4
$299,000 $241 3 bd / 2 ba 1,240 sqft , 2026-04-09
124 Thrasher Cv
Summerlyn
$298,750 $184 3 bd / 2 ba 1,621 sqft , 2026-06-27
200 High Plains Pass
Orchard Ridge
$298,700 $216 3 bd / 2 ba 1,386 sqft , 2026-09-18

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
$1,464/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
$61,000
20% conventional investment loan

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

Estimated Gross Rent+$1,464
Principal + Interest−$1,665
Property Tax (~2.1% TX avg)−$534
Insurance (~0.5%)−$127
Est. Monthly Cash Flow $-862

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 July 26, 2026.

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