Active Listing  ·  54 days on market

5201 Olimpico Way

Leander, TX 78641
$1,080,000
5 Bed 6 Bath 4,385 sqft $246/sqft Built 2025 0.23 acres 3-Car Garage Pool Travisso Ph 4 Sec 6A

Discover unparalleled elegance at 5201 Olimpico Way, a stunning east-facing residence nestled in the Travisso subdivision of Leander, TX. This expansive two-story home boasts 5 bedrooms (each featuring its own full en-suite bath), 5.5 bathrooms, and a powder room across approximately 4,385 square feet. An inviting stone and brick facade creates a striking first impression, complemented by an attached 3-car insulated garage and a charming front porch. Step inside to a grand two-story entryway where an elegant curved staircase and rich LVP flooring immediately capture attention. The open floor plan features vaulted ceilings and large windows bathing the interior in natural light. A vibrant home office showcases stylish glass-paned doors, while the main living area features soaring ceilings and a cozy fireplace. Culinary adventures await in the bright kitchen equipped with a spacious island, stainless steel appliances, a butler's pantry, and a herringbone tile backsplash. The main floor hosts both the primary suite and a guest bedroom. Additional features include a dedicated home theater room with provisions for a 7.2.2 cinematic setup, a huge multi-purpose game room, a formal dining area, and a private backyard open to green space with panoramic Hill Country views.

At $246/sqft, this home is priced in line with the Leander market average of $241/sqft across 673 active listings. View Austin market report →

Location

5201 Olimpico Way, Leander, TX 78641

Property Details

Price $1,080,000
Status Active Listing
Beds 5
Full Baths 5
Half Baths 1
Living Area 4,385 sqft
Lot Size 0.23 acres (9,979.6 sqft)
Year Built 2025
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Travisso Ph 4 Sec 6A
County Travis
Zip Code 78641
$/sqft $246/sqft
Days on Market ,
HOA $540/Semi-Annually
Annual Tax Est. $12,121.55
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT235787260
List Date June 11, 2026
Elementary School CC Mason
Middle School Running Brushy
High School Cedar Park
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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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 · June 11, 2026 $1,098,000
Current ask $1,080,000
Reduced $18,000 (-1.6%) 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
920 Trevi Fontana Dr
Travisso
$1,075,000 $235 5 bd / 6 ba 4,582 sqft , 2026-03-17
1317 Jolie Rose Bnd
Palmera Ridge
$1,074,900 $256 5 bd / 5 ba 4,199 sqft , 2026-04-01
1321 Indigo Bush Ln
Wildspring - Grove Collection
$1,074,000 $285 4 bd / 5 ba 3,763 sqft , 2026-07-14
1521 Novara Trl
Travisso
$1,093,572 $233 5 bd / 5 ba 4,684 sqft , 2026-06-15
2324 Bel Paese Bnd
Travisso Ph 4 Sec 1-3
$1,065,000 $192 5 bd / 5 ba 5,535 sqft , 2026-04-10

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
$5,184/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
$216,000
20% conventional investment loan

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

Estimated Gross Rent+$5,184
Principal + Interest−$5,894
Property Tax (~2.1% TX avg)−$1,890
Insurance (~0.5%)−$450
Est. Monthly Cash Flow $-3,050

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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