ActiveResidential · sale

5201 Olimpico Way

Leander, TX 78641

$999,000

  • 5 beds
  • 6 baths
  • 4,385 sq ft
  • 0.23 acres
  • Built 2025

Listed by LoKation Real Estate · MLS #ACT4348282

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PROPERTY QUESTIONS & SHOWINGS

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5201 Olimpico Way, Leander, TX 78641 · MLS #ACT4348282

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

The open floor plan features vaulted ceilings and large windows bathing the interior in natural light.

Year built

Built in 2025.

Garage parking

3 garage spaces listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

** PRICE IMPROVEMENT ** * Why Wait For A New Build When You Can Already Find A Tested, Lightly Used, Ready To Move In 2025 Home With Tons Of Upgrades Built On An Elevated Plane From Street Level On A Premium Lot That Offers Hill Country Views And Privacy * 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. Buyer and buyer’s agent should verify all listing information, including school zoning, taxes, HOA requirements, restrictions and room dimensions.

Upcoming open houses

–11:00 pm · Confirm the schedule with the listing team.

THE NEIGHBORHOOD

Explore the location.

5201 Olimpico Way, Leander, TX 78641

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Map position comes from the listing source. Open directions in Google Maps

LOCAL MARKET CONTEXT

Travis County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$505,893Down 1.5% vs. the previous 12 months
Months of supply5.612-month average
Days on market8412-month weighted average

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2025
Full baths
5
Half baths
1
Garage spaces
3
Cooling
Ceiling Fan(s), Central Air
Heating
Central
Appliances
Dishwasher, Dryer, Gas Cooktop, Microwave, Oven, RNGHD, Refrigerator, Stainless Steel Appliance(s), Washer, Tankless Water Heater, Water Purifier Owned, Water Softener Owned
Flooring
Carpet, Tile, Wood
Fencing
Back Yard
Accessibility
None
Pool features
None
Subdivision
Travisso Ph 4 Sec 6A
Parcel
05025813050000
HOA
Travisso Community Inc.
HOA amenities
Common Area Maintenance
HOA fee frequency
Semi-Annually
Elementary school
CC Mason
Middle school
Running Brushy
High school
Cedar Park
Annual property tax
$12,121.50
HOA fee
$540.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$1,913.32
Estimated monthly rent$4,162.50
Cap rate2.55%

Annual operating income: $25,457.30

HOA: Includes $90.00 per month in HOA dues, converted from the $540.00 semiannual fee reported by the listing source.

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Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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Listing information

MLS #ACT4348282 · Austin Board of Realtors

Listing brokerage: LoKation Real Estate
Listing agent: Raj Achar

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.