121 Lakewood Trl, Leander, TX 78641

*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.

At 121 Lakewood Trail in Leander, you're buying operational acreage, not just a residence. The 2.52-acre property includes a 2,757-square-foot main residence plus a separate 1,000-square-foot guest house, effectively functioning as a multi-unit income or extended-family asset on land zoned for horses, short-term rentals, and agricultural use.

The main house spans four bedrooms, two full baths, and one half bath with hardwood floors, a brick fireplace, and recessed lighting throughout. The kitchen features white cabinetry and stainless steel appliances with a breakfast bar. The primary suite sits on the main level with a walk-in closet and soaking tub. A second dining area and entrance foyer provide flexible layout options for entertaining or daily living.

The guest house is the operational centerpiece. Built as a standalone structure with soaring vaulted ceilings, it contains one bedroom, two full baths, a complete kitchen, dining area, utility room, and an upstairs loft. This configuration supports genuine rental income, extended family arrangements, or business use without sacrificing privacy from your main residence.

The land itself carries real value. Mature oaks and medium to large trees dot the property. A private putting green, fire pit area, established garden beds, and chicken coops indicate a design built around active hobby farming. Automatic sprinklers and partial coverage support both landscape maintenance and practical gardening. The back yard is level and open, with a deck and patio for outdoor living.

Location matters here. You're only 1.7 miles from Whole Foods on Anderson Mill Road, but outside Leander city limits where property taxes run 1.7 percent. Block House Elementary, Knox Wiley Middle, and Rouse High serve the Leander ISD attendance zone. The property sits near Highway 183 access, placing Dell's Round Rock campus, Austin-Bergstrom International Airport, and downtown Austin within reasonable commute range for dual-income households.

At $462 per square foot for the combined structure footprint, this price reflects the operational estate model. The guest house generates offsetting income. The acreage and agricultural amenities appeal to buyers seeking Austin proximity without suburban density. Short-term rental permissions and hobby infrastructure position this as a working property, not a speculative land hold.