Market Overview for Greatwood

There are 1 active listings in Greatwood with a median list price of $925K and a median sold price of $860K.

Homes average 41 days on market.

Over the past 30 days, 1 homes have sold, with 9 sales in the past 12 months.

The average price per square foot is $250.

About Greatwood

Greatwood is a residential subdivision located in Leander, Texas, within the 78641 zip code in Williamson County. The neighborhood sits west of US 183 and north of Crystal Falls Parkway, approximately 28 miles northwest of downtown Austin. Leander has been one of the fastest-growing cities in the Austin metro area, expanding from under 8,000 residents in 2000 to over 75,000 by the mid-2020s. Greatwood is part of this growth, developed as a single-family residential community with homes arranged along internal streets with sidewalks, community green spaces, and connectivity to the broader Crystal Falls Parkway commercial corridor.

Homes in Greatwood were built primarily in the 2010s and 2020s by regional production builders. Floor plans range from approximately 1,500 to 3,000 square feet with three to five bedrooms. Resale prices in Greatwood typically range from the mid-$200s to the mid-$400s depending on square footage, lot size, and finishes. Construction features include slab-on-grade foundations, stone and fiber-cement siding, composition roofing, and energy-efficient windows. Most homes include attached two-car garages, covered patios, and open-concept living areas with island kitchens. Lot sizes generally range from 5,000 to 8,000 square feet.

Greatwood is served by Leander ISD. Students in the area are typically zoned to Whitestone Elementary School, Running Brushy Middle School, and Leander High School. Whitestone Elementary serves grades pre-K through 5 with approximately 800 students. Running Brushy Middle School enrolls roughly 1,200 students in grades 6 through 8 and offers STEM elective pathways. Leander High School serves grades 9 through 12 with approximately 2,200 students and provides AP courses, career and technical education programs, and UIL athletics and fine arts. Leander ISD operates over 40 campuses and enrolls more than 42,000 students district-wide.

Commuters from Greatwood reach downtown Austin in approximately 35 to 45 minutes via US 183 south through Cedar Park and into central Austin, or via the Capital Metro MetroRail Red Line from the Leander station approximately 3 miles south. The MetroRail provides commuter rail service to downtown Austin with a travel time of roughly 55 minutes. US 183 and SH 29 provide the primary highway corridors. H-E-B Plus on Crystal Falls Parkway is approximately 2 miles east, and additional retail options cluster along US 183 in Cedar Park roughly 5 miles south.

Living in Greatwood

Greatwood features single-story and two-story homes on compact to mid-sized lots with sidewalk-lined streets and community open spaces. The subdivision includes internal walking paths, a community park area with playground equipment, and landscaped common areas maintained by the HOA. Homes feature attached two-car garages, covered front porches, fenced backyards, and stone or fiber-cement exteriors. The HOA enforces deed restrictions covering exterior modifications, landscaping standards, and parking. Property tax rates fall under Williamson County, City of Leander, and Leander ISD jurisdictions, with combined rates near $2.40 per $100 of assessed valuation.