Larkspur Homes for Sale

Larkspur is one of North Leander’s busiest neighborhoods for buyers who want newer construction without a luxury price tag — roomy single- and two-story floor plans, a resort-style amenity center, and Leander ISD schools, all inside a 600-acre community that still backs up to farmland and the San Gabriel River. As of this update, there are 29 homes for sale in Larkspur (plus 7 under contract and 1 pending), ranging from move-in-ready single-story plans in the high $200,000s to larger two-story homes near $650,000. Below you’ll find current pricing, a four-year look at how the Larkspur market has moved, and what buying here actually looks like step by step. For a fuller picture of day-to-day life in the neighborhood — parks, dining, commute, schools — see our Larkspur neighborhood guide. No pressure either way; just current numbers and straight answers.

Why Register?

Have a Question?We've Got Answers!

Schedule a 'No Sales Pressure' Home TourExperienced Buyer's Agent Specialists

Larkspur Market Snapshot

Fifty-four Larkspur homes closed over the past 12 months at a median of $375,000, and — a little unusual for this market — the median price of what’s currently active ($368,000) is running slightly below that recent-sold median rather than above it, which usually signals sellers pricing to move quickly rather than testing the top of the market. Homes are still selling close to full price, with a median sale-to-list ratio of 99%, and the typical listing is under contract in 43 days. Single-story homes continue to move noticeably faster than two-story homes in Larkspur, and greenbelt-adjacent lots carry a real premium over interior lots — both patterns hold up across the data below.

About Larkspur

Larkspur sits at the north end of Leander, just southeast of Highway 29 and 183, on roughly 600 acres that back up to the San Gabriel River, mature trees, and open farmland. Development started in 2017 and most of the neighborhood’s homes were completed by 2022, built by DR Horton, Gehan Homes, and Milestone. Floor plans range from about 1,300 to nearly 3,900 square feet, and the architecture is intentionally varied — stone, brick, and stucco exteriors, open-concept interiors, and enough mix in massing and rooflines that the neighborhood doesn’t read as a single repeated design. The Larkspur neighborhood guide covers the HOA, amenities, and everyday character in more depth if you want the full picture before you start touring.

For buyers, that recent build-out means most Larkspur homes come with newer systems (roof, HVAC, water heater) and layouts built around today’s expectations — open kitchens, primary suites on the main floor in many single-story plans, and covered patios rather than the smaller yards typical of older Leander subdivisions. The HOA, managed by Goodwin & Company, runs $60 a month and funds the amenity center, common-area landscaping, and neighborhood upkeep — modest by newer master-planned-community standards, especially relative to what it covers.

What Larkspur Homes Look Like

The entry tier in Larkspur runs from roughly 1,300 to 1,900 square feet — three- and four-bedroom single-story plans on interior lots, typically with an open kitchen-living layout, a covered back patio, and a two-car garage. These are the homes most likely to sell in under a month; single-story listings in Larkspur have sold in a median of 29 days versus 83 days for two-story homes over the past year, a gap wide enough that it’s worth building into your search strategy either way.

Move up toward the middle and upper end of the market — roughly 2,200 to 3,900 square feet — and you’ll typically find two-story plans with four or five bedrooms, a dedicated home office or flex room, and a primary suite that’s sometimes on the main floor even in the larger two-story designs. Homes backing to the greenbelt or the San Gabriel River trail carry a real premium: guide data puts greenbelt-adjacent sales at a median of $435,000 with a 32-day median time on market, versus $400,000 and 41 days for interior lots, so that lot premium is showing up in both price and speed of sale.

Across all of Larkspur, the median home sold in the past 12 months came in at 2,158 square feet for $375,000 — right in the heart of the neighborhood’s typical range rather than at either extreme. That’s the baseline most buyers should expect to plan around, with the entry and upper tiers described above bracketing it on either side.

Everyday Life in Larkspur

Larkspur’s amenity center anchors day-to-day life in the neighborhood, with a resort-style pool, a fitness center, a clubhouse, and playgrounds, plus over 100 acres of parkland and open space and a recreation trail that runs along the San Gabriel River. Just outside the neighborhood, Devine Lake Park is a popular spot for fishing and family outings, Crystal Falls Golf Club is a short drive away, and The Fieldhouse at the Crossover in Leander is a dog-friendly option for sports and casual dining.

For groceries, most Larkspur residents use the H-E-B Plus on N Highway 183 or the newer H-E-B at Bar W Marketplace, both a short drive away. Coffee options nearby include Perky Beans Coffee, The Sweet Cupfé, Red Horn Coffee House & Brewing Co., and Summer Moon Coffee, and for food and drinks, Libby’s Lunchbox, Blue Corn Harvest, Obsidian Brewery, and Leander Beer Market (which regularly hosts live music) are all local favorites within a few minutes of the neighborhood.

Larkspur also has its own fitness center on-site, and Anytime Fitness and Leander Athletic Club are both nearby for 24/7 access or a full gym. Commute-wise, residents are looking at roughly 40 minutes to downtown Austin and 30 minutes to The Domain via Highway 183, with the Leander MetroRail Station about 4 miles away for CapMetro Red Line service Monday through Saturday — a real option for anyone commuting into Austin who’d rather not drive every day. For more on the surrounding master-planned communities in this part of Leander and Cedar Park, see our Cedar Park & Leander master-planned communities guide.

Schools

Larkspur is zoned to Leander ISD, with Larkspur Elementary School located inside the neighborhood itself, Danielson Middle School, and Glenn High School. Leander ISD is one of the more consistently well-regarded districts in the Austin metro, and having the elementary school on-site is a genuine convenience for families with younger kids. As with any neighborhood, school zoning and boundaries can change — always confirm current zoning and ratings directly with Leander ISD before writing an offer.

4-Year Market Perspective

Larkspur’s pricing has cooled meaningfully from its 2022–2023 peak, but the pace of that cooling has slowed a lot over the past two years. Median sale prices ran from $431,000 (September 2022–August 2023) down to $395,000 the following year and then $376,250 and $375,000 in the two years since — a roughly 13% pullback from peak, with the vast majority of that decline happening in the first year and prices essentially flat over the most recent two.

Sales volume has also settled — 118 closings in the first year of this data set reflects a neighborhood still finishing construction and turning over its first wave of resales, while the more recent 54-per-year pace looks like a mature, steady-state market rather than a still-building one. The drop in median $/sq ft over the past year, even with median DOM holding roughly steady, points to buyers gaining a bit more room to negotiate on price without needing to wait much longer to close.

For buyers, the practical takeaway is that Larkspur’s steepest price correction is behind it — the past two years look like stabilization, not continued decline — while sale-to-list ratios in the high 90s show sellers still aren’t discounting heavily to get deals done. See our latest Austin-area real estate price report for how Larkspur’s trend compares to the broader Leander and Austin market.

What You’ll Get at Each Price Point

Larkspur’s active listings span roughly $290,000 to $650,000, and the past four years of closed sales cluster fairly predictably by size and lot type. Here’s roughly what to expect at each level:

Is Now a Good Time to Buy in Larkspur?

There’s no universal answer, but three numbers from the data above are worth weighing together:

Put together, this reads as a market that’s finished its steepest correction and is leveling off rather than still falling — which means buyers waiting for a much bigger price drop may be waiting on a trend that’s already largely played out. At the same time, 99% sale-to-list and 43-day median DOM aren’t panic numbers either; there’s still real room to negotiate, especially on two-story homes that are taking meaningfully longer to sell than single-story ones.

How to Buy a Home in Larkspur

Buying in Larkspur follows the same core process as anywhere in the Austin area, with a couple of neighborhood-specific wrinkles worth knowing up front:

1. Get pre-approved. Conventional, FHA, and VA financing are all common in Larkspur’s price range; some active listings also advertise assumable VA or FHA loans, which can be worth exploring with your lender if the rate is attractive. Our Austin home buyer guide walks through the full pre-approval process if you’re just getting started.
2. Define your must-haves. Single-story versus two-story and interior versus greenbelt lot are the two biggest trade-offs in this neighborhood — decide where you land on speed-to-close versus lot premium before you start touring.
3. Tour with a local specialist. We can set up a custom search, flag new listings the moment they hit the market, and walk properties with you — request a callback below or text us directly.
4. Write a competitive, protected offer. With sale-to-list ratios around 99%, well-priced Larkspur homes aren’t leaving much room for lowball offers, but that doesn’t mean waiving every protection — we’ll help you find the right balance for the specific listing.
5. Close and move in. Plan for HOA transfer paperwork through Goodwin & Company and the TownSq portal, plus a standard inspection and closing timeline — we’ll walk you through every deadline along the way.

Why Buy With Eleven Oaks

We’re not going to pressure you into a decision on a home this size — buying in Larkspur is a big commitment, and our job is to make sure you have accurate, current information before you make it, not to rush you toward an offer. That means telling you honestly when a listing is priced high for its lot type, or when a “deal” doesn’t actually compare well to what else has sold nearby.

We track Larkspur closely enough to know the difference a greenbelt lot or a single-story layout makes to both price and time on market, which schools each section of the neighborhood is zoned to, and how the HOA and amenity center actually function day to day — details that come from working this specific neighborhood, not just pulling numbers from the MLS. Our full Larkspur neighborhood guide goes even deeper on what it’s like to actually live here.

Working with us as your buyer’s agent costs you nothing out of pocket — buyer representation is paid through the transaction, not by you directly — and gets you a local advocate who’s looking out for your interests specifically, not the seller’s. If you’re ready to see what’s currently available in Larkspur, we’re a text or call away.

Frequently Asked Questions About Larkspur Homes for Sale

Talk to a Larkspur Specialist

Name *

First

Last

Email *

Phone

How Can We Help?

I agree to be contacted by Eleven Oaks Realty via call, email and text. To opt out, you can reply “stop” at any time or click the unsubscribe link in the emails. Message and data rates may apply.

Contact an Austin Buyer's Agent