Active Listing  ·  7 days on market

1564 Sawmill Xing

Round Rock, TX 78665
$649,000
5 Bed 4 Bath 3,309 sqft $196/sqft Built 2022 0.15 acres 2-Car Garage Pool Old Settlers Park Ph 3

Experience space, comfort, and modern living in this beautifully designed 5-bedroom, 4.5-bath, 2-story single-family home located in the highly sought-after Homestead at Old Settlers Park community. With an expansive layout, multiple living areas, and upgraded finishes throughout, this home is ideal for multi-generational living, entertaining, and everyday convenience.

The main level welcomes you with a bright, open-concept floor plan featuring a spacious living room filled with natural light. The chef-inspired kitchen offers granite countertops, stainless steel appliances, a large center island, and abundant cabinetry—perfect for cooking, hosting, and gathering. The adjacent dining area flows seamlessly into the living space, creating a warm and functional environment.

This home offers five generously sized bedrooms, including a well-appointed primary suite with a walk-in closet and a spa-style en-suite bathroom featuring dual vanities and a walk-in shower. Additional bedrooms and bathrooms provide flexibility for family, guests, or a dedicated home office. With 4.5 bathrooms, everyone enjoys comfort and privacy.

Multiple living spaces—including a second-level game room or loft—provide room for entertainment, relaxation, or work-from-home setups. A dedicated laundry room and a 2-car garage add to the home’s functionality.

Step outside to a spacious backyard with plenty of room for outdoor dining, gardening, or weekend gatherings. The covered patio offers a comfortable space to enjoy Texas evenings.

Located minutes from Old Settlers Park, Kalahari Resort, Dell Diamond, shopping, dining, major employers, and top-rated Round Rock ISD schools, this home delivers unbeatable convenience and a vibrant lifestyle.

Move-in ready and perfectly situated, this stunning property offers the ideal blend of space, comfort, and community living.

At $196/sqft, this home is 6% below the Round Rock active market average of $208/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1564 Sawmill Xing, Round Rock, TX 78665

Property Details

Price $649,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths ,
Living Area 3,309 sqft
Lot Size 0.15 acres (6,534 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Old Settlers Park Ph 3
County Williamson
Zip Code 78665
$/sqft $196/sqft
Days on Market ,
HOA $66/Monthly
Annual Tax Est. $14,053.57
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248403738
List Date October 1, 2026
Elementary School Double File Trail
Middle School CPL Robert P Hernandez
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
3750 E Palm Valley Blvd #38
Diamond Oaks Condos
$638,000 $184 4 bd / 5 ba 3,475 sqft , 2026-09-04
107 Pheasant Rdg
Chandler Creek Sec 19
$595,000 $152 5 bd / 4 ba 3,910 sqft , 2026-08-26
1611 Sawmill Xing
Old Settlers Park Ph 3
$575,000 $184 4 bd / 3 ba 3,122 sqft , 2026-08-27
2957 Mill Run Bnd
Old Settlers Park Ph 4
$535,000 $181 5 bd / 3 ba 2,958 sqft , 2026-09-16
2809 Moyer Ln
Homestead at Old Settlers Park
$499,900 $191 5 bd / 3 ba 2,612 sqft , 2026-04-07

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
$3,115/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
$129,800
20% conventional investment loan

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

Estimated Gross Rent+$3,115
Principal + Interest−$3,542
Property Tax (~2.1% TX avg)−$1,136
Insurance (~0.5%)−$270
Est. Monthly Cash Flow $-1,833

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 8, 2026.

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