121 Lakewood TRL, Leander, TX — photo 1
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$1,275,000
5 beds4.5 baths2,757 sqft

121 Lakewood TRL, Leander TX 78641

MLS #242763967 · Teamly Realty · Angela Hill

Residential
Built in 1998
2.52 Acres Lot
$462/sqft
HOA $120 / annually

About this home

*Country living on 2.52 acres in town* Main House of 2,757 SF + Separate Guest House of approx. 1,000 SF * Multi-General Housing * STR- Short-Term Rental *Chicken Coops * Garden * Putting Green *Community Lake Access *Low Tax Rate of 1.7% *Not in City Limits *Only 1.7 Miles from Whole Foods. Horses allowed. Welcome to this extraordinary multi-structure estate offering the perfect blend of country living and modern comfort. Nestled among mature oak trees and lush green pastures, this remarkable property features a spacious main residence, a beautifully appointed guest house, and a wealth of outdoor amenities — all set on beautifully landscaped acreage with sweeping open views. The main home boasts an inviting layout with rich hardwood floors, a cozy brick fireplace, and an abundance of natural light throughout. The updated kitchen showcases white cabinetry, stainless steel appliances, and generous counter space. The main house offers 4 bedrooms and 2.5 bathrooms. The red barn guest house offers approx. 1,000 additional SF and is a destination in itself — featuring soaring vaulted ceilings, 1 private bedroom, 2 full bathrooms, a full kitchen, dining area, utility room, and and an upstairs loft. Whether used for extended family, visiting guests, or rental income, this space offers truly exceptional flexibility and style. Outdoors, this property is an entertainer's and hobbyist's dream. Sharpen your short game on the private putting green, gather around the fire pit under a canopy of mature shade trees, tend to established gardens, and enjoy the charm of your very own chicken coop. Covered storage areas and wide open spaces round out this one-of-a-kind country retreat.

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
1998
Full baths
4
Half baths
1
Lot size
2.52
Subdivision
LAKEWOOD COUNTRY ESTATES
MLS area
CLN
MLS #
242763967

Features

Interior features

  • See Remarks
  • Breakfast Bar
  • Entrance Foyer
  • Multiple Dining Areas
  • Primary Bedroom on Main
  • Recessed Lighting
  • Soaking Tub
  • Walk-In Closet(s)

Exterior features

  • See Remarks

Additional details

Parking
Garage Door Opener, Garage Faces Side
Garage spaces
2
Roof
Composition
Foundation
Slab
HOA
$120 / annually
Annual tax
$13,038

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Schools

Assigned schools per the MLS.

School district
Leander ISD
Elementary
Block House
Middle
Knox Wiley
High
Rouse

See Leander ISD schools & boundaries →

Comparable homes near 121 Lakewood TRL

Similar homes currently for sale nearby, ranked by distance.

Getting around

Downtown Austin
19.6 mi
Austin-Bergstrom Airport
25.5 mi

Straight-line distance, not drive time.

Market insights

Compared with 1,186 active homes in ZIP 78641 · HomeLocating listings

Area median price
$506,515
This home vs. median
152% above
Homes with a price cut
51%

At $1,275,000, this home is priced 152% above the $506,515 median across 1,186 active homes in ZIP 78641.

Estimated monthly payment

$8,075/mo
Principal & interest$6,447/mo
Property taxes
Home insurance (est.)
HOA dues

Home price

$1,275,000

Down payment

20% ($255,000)

Loan details

30-yr fixed, 6.50%

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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.

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Listing courtesy of Teamly Realty · Angela Hill

Listing data last updated Oct 2, 2026, 11:46 PM

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