Active Listing  ·  51 days on market

1531 N Red Bud Ln #28

Round Rock, TX 78665
$469,577
3 Bed 3 Bath 1,868 sqft $251/sqft Built 2026 0.15 acres 2-Car Garage Pool Chester Ranch Place

July Incentive: $29,973 Flex Cash + $4,000 Closing Costs + OTP. Stunning New Construction on a Premium Homesite! This thoughtfully designed masterpiece features an airy open floorplan bathed in recessed lighting, accented by soaring volume ceilings and sleek metal railings. The gourmet kitchen is a chef's dream, boasting Miami White countertops, premium GE stainless steel appliances, and sleek finishes. Gorgeous hardwood floors run throughout, leading to solid-core 8’ doors that elevate every space. Enjoy modern efficiency with an Ecobee smart thermostat and a tankless water heater. Step outside to your low-maintenance backyard—perfect for relaxing without the upkeep. Bonus: Enjoy a low 1.75% tax rate! Schedule your tour today.

At $251/sqft, this home is priced 17% 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 #28, Round Rock, TX 78665

Property Details

Price $469,577
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,868 sqft
Lot Size 0.15 acres (6,490.44 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Chester Ranch Place
County Williamson
Zip Code 78665
$/sqft $251/sqft
Days on Market ,
HOA $110/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238594275
List Date July 3, 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
1531 N Red Bud Ln #27
Chester Ranch Place
$473,854 $274 3 bd / 3 ba 1,732 sqft , 2026-07-03
2913 Clinton Pl
Estates At Settlers Park Sec 2
$474,900 $189 4 bd / 3 ba 2,510 sqft , 2026-06-15
1531 N Red Bud Ln #26
Chester Ranch Place
$487,648 $238 3 bd / 3 ba 2,053 sqft , 2026-07-03
1531 N Red Bud Ln #20
Chester Ranch Place
$494,244 $241 3 bd / 3 ba 2,053 sqft , 2026-05-01
1531 N Red Bud Ln #33
Chester Ranch Place
$499,900 $215 4 bd / 3 ba 2,326 sqft , 2026-05-01

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
$2,254/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
$93,915
20% conventional investment loan

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

Estimated Gross Rent+$2,254
Principal + Interest−$2,563
Property Tax (~2.1% TX avg)−$822
Insurance (~0.5%)−$196
Est. Monthly Cash Flow $-1,327

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 July 13, 2026.

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