Active Listing  ·  10 days on market

1110 Fairlawn Cv

Round Rock, TX 78664
$240,000
2 Bed 2 Bath 1,024 sqft $234/sqft Built 1984 0.10 acres 1-Car Garage Pool Greenslopes At Lakecreek Sec 07

Investor Special! Great rental area or buy, rehab and hold. Issues appear to be mostly cosmetic. Instant equity!

At $234/sqft, this home is priced 9% 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

1110 Fairlawn Cv, Round Rock, TX 78664

Property Details

Price $240,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,024 sqft
Lot Size 0.10 acres (4,277.59 sqft)
Year Built 1984
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Greenslopes At Lakecreek Sec 07
County Williamson
Zip Code 78664
$/sqft $234/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $4,197.43
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243227776
List Date August 13, 2026
Elementary School Xenia Voigt
Middle School CD Fulkes
High School Cedar Ridge
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.

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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
1555 Parkfield Cir
WINDY PARK SEC 2 REVISED
$230,000 $182 3 bd / 3 ba 1,265 sqft , 2026-08-19
1713 Parkside Cir
Greenslopes At Lakecreek Sec 02
$268,000 $226 3 bd / 2 ba 1,184 sqft , 2026-08-22
1507 Casey Ln
East Main Addition
$268,500 $244 3 bd / 2 ba 1,102 sqft , 2026-05-22
2101 Town Centre Dr #1606
Retreat At Town Centre Condo
$209,000 $168 2 bd / 3 ba 1,246 sqft , 2026-04-03
1621 Parkfield Cir
Windy Park Sec 2
$279,000 $274 3 bd / 2 ba 1,018 sqft , 2026-05-31

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
$1,152/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
$48,000
20% conventional investment loan

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

Estimated Gross Rent+$1,152
Principal + Interest−$1,310
Property Tax (~2.1% TX avg)−$420
Insurance (~0.5%)−$100
Est. Monthly Cash Flow $-678

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 15, 2026.

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