Active Listing  ·  114 days on market

1531 N Red Bud Ln #20

Round Rock, TX 78665
$494,244
3 Bed 3 Bath 2,053 sqft $241/sqft Built 2024 0.15 acres 2-Car Garage Pool New Construction Chester Ranch Place

July incentive include- an additional $21,725 flex cash plus $4,000 towards closing costs + owners title policy when utilizing builders preferred lender. Welcome to this stunning new construction with incredible private backyard backing the sparkling Mcnutt Creek! This beautiful home is thoughtfully designed to enjoy the views! The open-concept layout seamlessly connects the kitchen, dining, and living areas—perfect for entertaining or everyday living. The kitchen is a chef’s dream, boasting a spacious island with luxurious MetroQuartz Lux Aurum countertops, maple white cabinetry, and premium finishes. Hardwood floors add warmth and sophistication throughout the main living areas. Retreat to the second-floor Owner’s Suite, offering a peaceful escape with spa-like amenities. Step outside to a private backyard backing to a serene creek—your personal haven! Located in the highly desirable Chester Ranch Place community, this home benefits from a low 1.75% tax rate, excellent Round Rock ISD schools, and a vibrant neighborhood. It’s not just a home; it’s a lifestyle in a prime location. Your dream home is waiting! Schedule a tour today and experience the perfect blend of modern comfort and natural beauty.

At $241/sqft, this home is priced 13% 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

1531 N Red Bud Ln #20, Round Rock, TX 78665

Property Details

Price $494,244
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,053 sqft
Lot Size 0.15 acres (6,490.44 sqft)
Year Built 2024
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Chester Ranch Place
County Williamson
Zip Code 78665
$/sqft $241/sqft
Days on Market ,
HOA $110/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT228428441
List Date May 1, 2026
Elementary School Herrington
Middle School Hopewell
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
6901 Leonardo Dr
Siena Ph 1 Sec 1
$490,000 $178 4 bd / 3 ba 2,751 sqft , 2026-05-22
1531 N Red Bud Ln #33
Chester Ranch Place
$499,900 $215 4 bd / 3 ba 2,326 sqft , 2026-05-01
1531 N Red Bud Ln #19
Chester Ranch Place
$499,900 $289 3 bd / 3 ba 1,732 sqft , 2026-05-01
1531 N Red Bud Ln #32
Chester Ranch Place
$499,900 $214 4 bd / 4 ba 2,331 sqft , 2026-05-01
1531 N Red Bud Ln #26
Chester Ranch Place
$487,648 $238 3 bd / 3 ba 2,053 sqft , 2026-07-03

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
$2,372/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
$98,849
20% conventional investment loan

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

Estimated Gross Rent+$2,372
Principal + Interest−$2,697
Property Tax (~2.1% TX avg)−$865
Insurance (~0.5%)−$206
Est. Monthly Cash Flow $-1,396

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 22, 2026.

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