Active Listing  ·  80 days on market

1700 Deep Wood Dr

Round Rock, TX 78681
$480,000
4 Bed 2 Bath 2,038 sqft $236/sqft Built 1976 0.32 acres 2-Car Garage Pool Round Rock West Sec 02

Beautifully updated ranch-style home offering modern comfort with a peaceful greenbelt backdrop. The open-concept layout features a remodeled kitchen with generous sightlines, new flooring throughout, recessed lighting, stylishly renovated bathrooms, and a recently replaced roof. A functional mudroom adds everyday convenience, while the expansive covered back porch provides the perfect space for relaxing or entertaining. Enjoy direct access to walking trails and tranquil green space right outside your back door. A rare combination of thoughtful updates, comfort, and location—this home is ready to impress.

Please note: Property is currently tenant occupied through 12/26/2026.

At $236/sqft, this home is priced 10% 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

1700 Deep Wood Dr, Round Rock, TX 78681

Property Details

Price $480,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 2,038 sqft
Lot Size 0.32 acres (14,069.88 sqft)
Year Built 1976
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Round Rock West Sec 02
County Williamson
Zip Code 78681
$/sqft $236/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,221.95
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231310843
List Date May 27, 2026
Elementary School Deep Wood
Middle School Chisholm Trail
High School Round Rock
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
1804 Oakridge Dr
Cimarron Sec 04
$479,900 $189 4 bd / 3 ba 2,536 sqft , 2026-05-08
1403 Creekview Dr
Round Rock West Sec 06A
$479,000 $247 4 bd / 2 ba 1,939 sqft , 2026-08-07
1002 Crestview St
Creekmont West
$489,999 $249 4 bd / 3 ba 1,965 sqft , 2026-08-05
1600 Wood Rock Dr
Cimarron Sec 05
$495,000 $257 3 bd / 3 ba 1,923 sqft , 2026-02-17
609 S LAKE CREEK Dr
ROUND ROCK WEST 5
$500,000 $229 3 bd / 3 ba 2,185 sqft , 2026-08-13

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
$2,304/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
$96,000
20% conventional investment loan

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

Estimated Gross Rent+$2,304
Principal + Interest−$2,620
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 May 28, 2026.

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