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$968,000

5128 Olimpico Way, Leander, TX, 78641

$1,062,827 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,584 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$247.46 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesDryer, Dishwasher, Gas Cooktop, Disposal, Oven, Refrigerator, Range Hood, Tankless Water Heater, Vented Exhaust Fan, Cooktop, Microwave
FlooringCarpet

Exterior

Lot Size8,294 sqft

Building Information

Year Built2023
Stories2
Garage Spaces2

Land Information

APN05025815160000
Lot Number7
SubdivisionTravisso Phs 4 Sec 6a
Land Use1 Family Dwelling
Legal DescriptionTRAVISSO PHS 4 SEC 6A BLK P LOT 7
Census Tract036200
Assessed Land Value$293,017
Assessed Improvement Value$497,800
Assessment Year2025

About this property

Beautiful home in new Calabria section of Travisso. INCENTIVES 3% of final PURCHASE PRICE applied towards closing costs, rate buydown and/or price reduction. Sapphire open concept floorplan with 5 bedrooms/4.5 baths on NORTH WEST facing GREENBELT LOT. Stately 100% brick home standouts as a distinctive classic. TWO MAIN LEVEL BEDROOMS: Spacious master suite (with 3’x12'7"construction add on) plus private guest quarters with ensuite bathroom. Perfect for family or parents from abroad visiting for a lengthy stay or friends dropping in for a weekend stay. Front foyer with 19’4” ceiling grandly leads past OFFICE/STUDY (11’4”x11’) with French doors and FORMAL DINING (10.3”x13’11”) directly to the GREAT ROOM. Powder bath with pedestal sink off long foyer. Wrought iron railing on second story showcases GREAT ROOM (18’1”x21’10”) below with tall windows looking out over the greenbelt and hill country beyond. Oodles of natural light coming through tall picture windows plus ~40 recessed can lights makes this a bright and light home. MEDIA ROOM wired for data, sound and projector makes for memorable family movie nights. Large GAME ROOM (16’7”x13’3”) upstairs could be teen get away, playroom, craft room, project central, quiet area for homework, or flex. Granite kitchen island (7’9”x3’8”) with spacious breakfast bar plus CASUAL DINING with access to large covered patio. Huge gourmet kitchen with 5 burner gas cooktop, built-in oven and microwave plus 14’9” linear counter space. Refrigerator (~1+ yr. old) coveys. Second bedroom at top of stairs with ensuite bath offers privacy for college student, resident princess, or favorite child. Loop for water softener in garage. Two HVAC units plus two tankless water heaters. Covered patio is 16’10”x8’3”. Washer and dryer (~1+ yr. old) in laundry room convey. No need to build from scratch, this beauty with a fully transferable warranty and 3% INCENTIVES is ready for move in now!

Investor Tools

Property Icon
$968,000
Estimated Property Value
$686,494Estimated Mortgage Balance
$308,323Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,062,827
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,808 /month
Positive
Cash Flow Estimate:
$1,936 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,130/month
$480/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,715
$790,817
2025
$293,017
$497,800
$790,817
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,715
$790,817

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Taylor Morrison Home Funding Llc
Conventional
$686,494
No
First
Mar 12, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$659,677
$324,323
32%
68%
$4,116/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,900/mo
$4,596/mo
$-1,696/mo
3.6%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Leander

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5128 Olimpico Way | Property Details | No Agent List