About This Home

Pflugerville's premier gated community, Cielo, offers low-maintenance living for all lifestyles, conveniently located near major employers, The Domain, exemplary schools, and more! Introducing The Meredith, a stunning 2,278 sq. ft. two-story home featuring 3 bedrooms, 2.5 baths, and an open-concept design perfect for modern living. Designer-curated finishes include RevWood flooring throughout, plush carpeting in the bedrooms, stylish tile in the bathrooms, and elegant quartz countertops with stainless steel appliances in the kitchen. Experience comfort and luxury in this thoughtfully designed home, available in NOW! Don't miss your chance to own a new home in this sought-after community!

At $215/sqft, this home is priced in line with the Round Rock market average of $214/sqft across 685 active listings. View Austin market report →

Location

17512 Torneo Dr, Round Rock, TX 78664

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Property Details

Price $489,990

Status Active Listing

Beds 3

Full Baths 2

Half Baths 1

Living Area 2,278 sqft

Lot Size 0.11 acres (4,891.79 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Cielo West City Homes

County Travis

Zip Code 78664

$/sqft $215/sqft

Days on Market ,

HOA $90/Monthly

Annual Tax Est. $6,000

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT228919261

List Date May 6, 2026

Elementary School Callison

Middle School CD Fulkes

High School Cedar Ridge

School District ,

Have Questions About This Property?

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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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · May 6, 2026 $533,312

Previous ask $510,990

Current ask $489,990

▼ Reduced $43,322 (-8.1%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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

17309 Headstock Rd #251
Greenlawn Village Condominiums $485,000 $195 4 bd / 3 ba 2,491 sqft , 2026-07-20

17504 Emperador Dr
Cielo East City Homes $483,990 $227 3 bd / 3 ba 2,132 sqft , 2026-04-16

17301 Guana Cay Dr
Cambridge Heights Ph C Sec 1r $499,900 $169 4 bd / 3 ba 2,950 sqft , 2026-06-11

17400 Torneo Dr
Cielo $467,990 $241 4 bd / 4 ba 1,945 sqft , 2026-07-24

17412 Torneo Dr
Cielo West City Homes $512,990 $225 3 bd / 3 ba 2,278 sqft , 2026-05-08

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

$2,352/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

$97,998

20% conventional investment loan

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

Estimated Gross Rent+$2,352

Principal + Interest−$2,674

Property Tax (~2.1% TX avg)−$857

Insurance (~0.5%)−$204

Est. Monthly Cash Flow $-1,383

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 →

About the Author

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 →

17512 Torneo Dr

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Round Rock, TX

More Luxury Homes in Round Rock

17512 Torneo Dr

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Round Rock, TX

More Luxury Homes in Round Rock

Explore Austin Real Estate