Active Listing  ·  93 days on market

1002 Deep Wood Dr

Round Rock, TX 78681
$445,000
3 Bed 2 Bath 1,754 sqft $254/sqft Built 1978 0.25 acres 1-Car Garage Pool Round Rock West Sec 05

Welcome to 1002 Deep Wood Drive! Nestled in the highly desirable Round Rock West neighborhood, this charming 3-bedroom, 2-bath home offers the perfect blend of comfort, character, and location. Situated on a beautiful street, you're welcomed by mature landscaping, inviting curb appeal, and a warm neighborhood feel that's hard to find.

Inside, discover a spacious layout featuring abundant natural light and a cozy atmosphere ideal for relaxing and entertaining. The kitchen flows seamlessly into the main living area — perfect for everyday living and gatherings with family and friends. The private primary suite offers a peaceful retreat, while the additional bedrooms provide flexibility for guests, a home office, or a growing family.

Step outside to enjoy a generous backyard with mature trees and direct greenbelt access through the back gate — perfect for morning walks or jogging. The backyard features a spacious deck, stone patio with built-in firepit, storage shed, and a hot tub that may convey.

Updates within the last few years: New AC/Heater (2019) | New Hot Tub (2020) | Full Sprinkler System (2021) | Back Fence Replaced (2022) | New Patio (2022) | Permanent Holiday Lights (2022) | Solar Panels (Owned, 2022) | New Roof (2024) | New Deck (2025) | New Water Softner (2025).

Perfectly located within walking distance to the elementary, middle school and high schools, and just 1.25 miles from Downtown Round Rock. Don't miss your opportunity to own in one of Round Rock's most sought-after communities!

At $254/sqft, this home is priced 19% above the Round Rock active market average of $214/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1002 Deep Wood Dr, Round Rock, TX 78681

Property Details

Price $445,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,754 sqft
Lot Size 0.25 acres (11,103.44 sqft)
Year Built 1978
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Round Rock West Sec 05
County Williamson
Zip Code 78681
$/sqft $254/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,112
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229895021
List Date May 15, 2026
Elementary School Deep Wood
Middle School Chisholm Trail
High School Round Rock
School District ,

Luke Allen (TREC #788149) has deep knowledge of Round Rock and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · May 15, 2026 $455,000
Previous ask $449,000
Current ask $445,000
Reduced $10,000 (-2.2%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

Similar Homes on the Market in Round Rock

Comparable Listings Right Now

Homes currently for sale in Round Rock with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
1104 Crestview St
Creekmont West
$430,000 $251 3 bd / 3 ba 1,711 sqft , 2026-05-16
1403 Creekview Dr
Round Rock West Sec 06A
$479,000 $247 4 bd / 2 ba 1,939 sqft , 2026-08-07
1600 Wood Rock Dr
Cimarron Sec 05
$480,000 $250 3 bd / 3 ba 1,923 sqft , 2026-02-17
1700 Deep Wood Dr
Round Rock West Sec 02
$480,000 $236 4 bd / 2 ba 2,038 sqft , 2026-05-27
1002 Crestview St
Creekmont West
$489,999 $249 4 bd / 3 ba 1,965 sqft , 2026-08-05

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$2,136/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$89,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$2,136
Principal + Interest−$2,429
Property Tax (~2.1% TX avg)−$779
Insurance (~0.5%)−$185
Est. Monthly Cash Flow $-1,257

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Round Rock, TX

Round Rock sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Dell Technologies HQ 5 min
Apple Campus (Domain) 15 min S
Samsung Austin Semiconductor 20 min SW
Tesla Gigafactory 35 min S

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on August 12, 2026.

📞 (254) 718-2567 [email protected] More about Luke →