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ActiveMLS #1933275

1948 Gilmer WAY, Leander TX 78641

Leander, TX 78641 · Devine Lake

Single Family Residence for sale in Devine Lake

5Bedrooms
3 full / 1 halfBathrooms
2,956Square Ft
0.18Acres
2Garage
2025Year Built
Price Reduced
1 / 33
$479,000$495,000
3D tour

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

Days on market
−$16,000 (−3.2%)
$495,000 → $479,000
1
Price reduction
Active
Since Sep 22, 2026
Price trend
List priceSep 2026 → Oct 2026
Property history2 events
DateEventPriceChange
Oct 19, 2026Price Decrease$479,000−$16,000 (−3.2%)
Sep 22, 2026New Listing

Taxes

Tax data isn’t available for this property’s county yet.

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

List price $479,000
Down payment
Stays 20% if you change the price
Note rate, not APR
No tax figure on this listing
*Estimated only (1% of price / yr)

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.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal 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
First 10 of 30 years

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Courtesy of Berkshire Hathaway TX Realty · (512) 306-1001

Listings courtesy of ACTRIS as distributed by MLS GRID.