Active Listing  ·  12 days on market

1022 Balanced Rock Pl

Round Rock, TX 78681
$479,888
3 Bed 2 Bath 2,343 sqft $205/sqft Built 2000 0.29 acres 2-Car Garage Pool Preserve At Stone Oak Ph 2 Sec 2

Welcome to this charming single-story gem tucked away on a quiet cul-de-sac in the sought-after Preserve at Stone

Oak. Situated on a sprawling .29-acre lot, this home offers rare privacy with a lush canopy of towering 40ft+ trees.

The functional 2,343 sq ft "In-Law" floorplan features high ceilings, an open-concept kitchen with granite countertops,

and a cozy gas fireplace in the family room. Conveniently located near I-35 and RM 1431, you're minutes from IKEA,

the Round Rock Outlets, and top-rated schools like Walsh Middle and Chandler Oaks Elementary. Enjoy your morning

coffee on the covered porch or retreat to the oversized backyard, a private oasis perfect for entertaining. Residents

enjoy fantastic community amenities including a pool, park, and playground. High-quality masonry on all sides and a

spacious layout make this a must-see in the heart of Round Rock ISD!

At $205/sqft, this home is priced in line with the Round Rock market average of $208/sqft across 649 active listings. View Austin market report →

Location

1022 Balanced Rock Pl, Round Rock, TX 78681

Property Details

Price $479,888
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,343 sqft
Lot Size 0.29 acres (12,837.13 sqft)
Year Built 2000
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Preserve At Stone Oak Ph 2 Sec 2
County Williamson
Zip Code 78681
$/sqft $205/sqft
Days on Market ,
HOA $38.2/Monthly
Annual Tax Est. $7,715.72
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248067133
List Date September 26, 2026
Elementary School Chandler Oaks
Middle School Walsh
High School Stony Point
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 →

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
4174 Kingsley Ave
Highlands/Mayfield Ranch Sec 4
$479,900 $215 4 bd / 3 ba 2,231 sqft , 2026-06-03
4166 Kingsley Ave
Highlands at Mayfield Ranch
$480,000 $163 4 bd / 4 ba 2,950 sqft , 2026-05-15
3228 Arroyo Bluff Ln
Preserve At Stone Oak Ph 2 Sec 1
$480,000 $279 4 bd / 2 ba 1,719 sqft , 2026-08-30
3817 Tailfeather Dr
Stone Oak At Round Rock Sec 3
$485,000 $188 3 bd / 3 ba 2,574 sqft , 2026-07-09
4376 Hannover Way
Highlands at Mayfield Ranch
$495,000 $225 4 bd / 3 ba 2,200 sqft , 2026-08-08

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
$2,303/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
$95,978
20% conventional investment loan

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

Estimated Gross Rent+$2,303
Principal + Interest−$2,619
Property Tax (~2.1% TX avg)−$840
Insurance (~0.5%)−$200
Est. Monthly Cash Flow $-1,356

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 October 1, 2026.

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