1948 Gilmer WAY, Leander TX 78641
Leander, TX 78641 · Devine Lake
Single Family Residence for sale in Devine Lake
Overview
Property Description
Rare flexible layout that is literally two homes in one offering a design for buyers who need more flexibility than a traditional five-bedroom home provides. Recently completed in 2025 and situated perfectly on an oversized corner lot, this home includes five bedrooms, multiple living areas, and a private attached guest suite with its own separate entrance, bedroom, full bath, living room, kitchen, yard, giving guests or extended household members a space that feels separate while remaining connected to the main home. The main living area is open and functional, connecting the kitchen, dining and family room with a large island, generous counter space and stainless appliances. The primary bedroom is located on the main floor with a walk-in closet, double vanity, soaking tub and separate shower. Upstairs are three additional bedrooms and a game room, providing useful separation between sleeping, working and everyday living spaces. A fenced backyard and covered rear porch add usable outdoor space, along with an attached two-car garage. Devine Lake residents also have access to a community pool, playground, park, picnic areas and walking and biking trails. Located in Leander ISD, Devine Lake puts buyers close to neighborhood recreation as well as the 45-acre Devine Lake Park, which offers trails, a playscape, picnic areas, fishing and non-motorized boating. The community also offers convenient access to US-183 and 183A, with shopping, dining and the Leander MetroRail station nearby. Community connects to nearby walkable outstanding schools.
Financial Info
- Price
- $479,000
- $ / Sqft
- $162
- HOA
- Yes - Mandatory / $65 / Monthly
- HOA Name
- PMP Management
- HOA Includes
- Common Area Maintenance
- Tax Rate
- 1.94%
- Tax Year
- 2025
- Exemptions
- None
Legal Info
- Address
- 1948 Gilmer WAY
- County
- Williamson
- City
- Leander
- State
- TX
- Zip
- 78641
- Subdivision
- Devine Lake
- Legal Description
- 4,10,Q
- Parcel
- 1948 Gilmer Way
Interior Features
- Floor
- Carpet, Vinyl
- Num Living
- 2
- Dining
- 2
- Kitchen
- Kitchen Island
- Appliances
- Dishwasher, Microwave, Oven, Refrigerator, Washer/Dryer
- Laundry
- Laundry Room
- Master Bed
- Double Vanity, Primary Bedroom on Main, Walk-In Closet(s)
- Master Main
- Yes
- Fireplace Description
- None
- Interior Features
- Double Vanity, Kitchen Island, Open Floorplan, Primary Bedroom on Main, Walk-In Closet(s), None
General Info
- Beds
- 5 Total / 2 Main Level / 3 Other Level
- Full / Half Baths
- 3 / 1
- Prop Type
- Residential
- Property Type
- Single Family Residence
- Stories
- 2
- Year Built
- 2025 / Resale
- Square Feet
- 2,956 / Builder
- Garages
- 2
- Garage Desc
- Attached, Garage
- Foundation
- Slab
- Roof
- Composition
- Construction
- Brick, Masonry – Partial, Stone, Stucco
- Acres
- 0.18
- Lot Description
- Back Yard, Curbs, Front Yard, Interior Lot, Sprinkler - Back Yard, Sprinklers In Front, Sprinkler - Side Yard
- Restrictions
- Deed Restrictions
- Flood Plain
- No
- View
- Neighborhood
- Water Access
- No
- Waterfront
- No
- Area
- CLN
Utility Info
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Electricity Available, Sewer Connected, Solar, Water Available
- Heat
- Central, Natural Gas, Solar
- A C
- Central Air, Zoned
Exterior Features
- Fence
- Back Yard, Privacy, Wood
- Exterior Features
- Gutters Partial, Private Yard, Covered, Front Porch, Patio, Rear Porch
- Pool On Property
- No
- Area Amenities
- Park, Picnic Area, Playground, Pool
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Oct 19, 2026 | Price Decrease | $479,000−$16,000 (−3.2%) | −$16,000 (−3.2%) |
| Sep 22, 2026 | New Listing | — |
Taxes
Schools
School Info
- District
- Leander ISD
- Elementary
- Bagdad
- Middle
- Danielson
- High
- Glenn
Maps
Financing
Your preferences
- 20% down
- Conv/Jumbo
- 30 years
- 6.50% rate
Saved on this device
Estimated monthly payment
$2,821 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $2,821, incomplete: some costs are unavailable
- Principal & interest
- $2,422
- Property taxes
- Unavailable
- Homeowners insurance
- $399
One or more costs are unavailable, so this total is incomplete.
*PITI only
These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal vs interest |
|---|---|---|---|---|---|
| 1 | $383,200 | $4,283 | $24,782 | $378,917 | |
| 2 | $378,917 | $4,570 | $24,495 | $374,347 | |
| 3 | $374,347 | $4,876 | $24,189 | $369,471 | |
| 4 | $369,471 | $5,203 | $23,862 | $364,268 | |
| 5 | $364,268 | $5,551 | $23,514 | $358,717 | |
| 6 | $358,717 | $5,923 | $23,142 | $352,794 | |
| 7 | $352,794 | $6,319 | $22,746 | $346,475 | |
| 8 | $346,475 | $6,743 | $22,322 | $339,732 | |
| 9 | $339,732 | $7,194 | $21,871 | $332,538 | |
| 10 | $332,538 | $7,676 | $21,389 | $324,862 |
- Year 1$378,917
- Principal paid
- $4,283
- Interest paid
- $24,782
- Starting balance
- $383,200
- Year 2$374,347
- Principal paid
- $4,570
- Interest paid
- $24,495
- Starting balance
- $378,917
- Year 3$369,471
- Principal paid
- $4,876
- Interest paid
- $24,189
- Starting balance
- $374,347
- Year 4$364,268
- Principal paid
- $5,203
- Interest paid
- $23,862
- Starting balance
- $369,471
- Year 5$358,717
- Principal paid
- $5,551
- Interest paid
- $23,514
- Starting balance
- $364,268
- Year 6$352,794
- Principal paid
- $5,923
- Interest paid
- $23,142
- Starting balance
- $358,717
- Year 7$346,475
- Principal paid
- $6,319
- Interest paid
- $22,746
- Starting balance
- $352,794
- Year 8$339,732
- Principal paid
- $6,743
- Interest paid
- $22,322
- Starting balance
- $346,475
- Year 9$332,538
- Principal paid
- $7,194
- Interest paid
- $21,871
- Starting balance
- $339,732
- Year 10$324,862
- Principal paid
- $7,676
- Interest paid
- $21,389
- Starting balance
- $332,538
Nearby
12 closest listings to 1948 Gilmer WAY, Leander TX 78641 (within 2 miles).









Courtesy of Berkshire Hathaway TX Realty · (512) 306-1001
Listings courtesy of ACTRIS as distributed by MLS GRID.


