
An opportunity to own in Grand Mesa at one of the most approachable price points currently available—without giving up the space and setting that define this section of Crystal Falls.
Set on just over 1.11 acres, this single-story home offers a level, usable yard with plenty of room to add a pool, expand outdoor living, or simply enjoy the openness that’s hard to find. The curb appeal sets the tone, with mature landscaping and a welcoming front elevation.
Inside, the layout is clean and functional with just the right amount of separation. A versatile flex room at the front of the home could serve as a home office, gym, playroom, or even a guest bedroom..whatever your heart desires! The kitchen is light, bright and well equipped with Thermador and Bosch appliances. It boasts double islands and provides a seamless connection to the living and dining areas. Just off the kitchen is a mudroom with plenty of space to stash shoes, jackets, backpacks and purses.
The great room features a stone fireplace and a most picturesque view of the property via an oversized picture window. It's a beautiful place to relax and enjoy watching the wildlife or curl up on the couch and simply enjoy the comfort of this beautiful home.
The sequestered primary suite includes a spacious bath with separate vanities, large walk-in shower and a spa-like soaking tub, while two additional bedrooms are located on the opposite side of the home. The secondary bedrooms share a classic Jack-and-Jill bathroom setup and both have walk-in closets.
Out back, the covered patio looks out over the expansive, scenic yard, creating an easy extension of the living space and a backdrop you can continue to build on over time. Situated on a fairly level lot, there's also plenty of space for a pool!
In a community known for larger estates and higher price points, this is a rare chance to get into Grand Mesa with a layout, lot, and setting that still delivers on the lifestyle.
Property Type
Residential
Year Built
2014
Lot Size
1.11 acres
$/Sq Ft
$284
HOA
$104/mo
Garage
6 spaces
Listed by Thrive Realty
Verified property facts
500 Dream Catcher DR is listed at $775,900 with 3 bedrooms, 2 full, 1 half bathrooms, 2,729 square feet, 1.11-acre lot. This places it above the 78641 median of $675,000.
500 Dream Catcher DR is zoned for Leander ISD with assigned schools: Whitestone (elementary), Leander Middle (middle), Leander High (high). School assignments should be verified directly with the district.
500 Dream Catcher DR is a Residential built in 2014 featuring 3 bedrooms, 2 full, 1 half bathrooms, 2,729 square feet, 1.11-acre lot.
500 Dream Catcher DR is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 500 Dream Catcher DR is $7,885. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Price Change with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-16.3% | — | $874,214 | — | — |
2024+7.3% | — | $1,044,287 | $188,734 | $729,198 |
2023+60.3% | — | $973,575 | $188,734 | $855,553 |
2022+22.8% | — | $607,309 | $188,734 | $784,841 |
2021 | — | $494,356 | $90,000 | $517,309 |

Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($155K)
$775,900
Luxury property intelligence
A sourced read on Grand Mesa At Crystal Falls Ii pricing, timing, and property scale. No automated valuation claim.
List price
$775,900
Price per sqft
$284/sqft
Vs. Grand Mesa At Crystal Falls Ii median
Not available
Days on market
53 days
Original to current
$24K reduction
$799.9K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 21, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($155,180) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 500 Dream Catcher DR is around $4,683 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $775,900, 500 Dream Catcher DR is in the Grand Mesa At Crystal Falls Ii market where there are currently 672 active listings in 78641. The Keenan Group has completed 6 transactions in 78641 as part of 1,000+ career sales totaling $1B+ across Austin.
500 Dream Catcher DR includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
500 Dream Catcher DR is part of a managed community with HOA dues of $104 monthly. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Car-Dependent
N/A
N/A
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
7 events on record
Current Price
$775,900
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-16.3% | — | $874,214 | — | — |
2024+7.3% | — | $1,044,287 | $188,734 | $729,198 |
2023+60.3% | — | $973,575 | $188,734 | $855,553 |
2022+22.8% | — | $607,309 | $188,734 | $784,841 |
2021 | — | $494,356 | $90,000 | $517,309 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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