Active Listing  ·  13 days on market

2017 Balsam Way

Round Rock, TX 78665
$250,000
4 Bed 2 Bath 1,379 sqft $181/sqft Built 1986 0.12 acres Pool Meadows At Chandler Creek Sec 02

INVESTOR SPECIAL in Round Rock with major updates already completed! 2017 Balsam Way offers an opportunity for an investor, flipper, or buyer looking to add value without starting from scratch. The home features a renovated kitchen and a NEW ROOF replaced in 2026, taking care of two updates buyers often prioritize.

The property does need foundation repair, and a professional repair estimate is available for review, allowing buyers to understand the scope and cost upfront and factor it into their numbers. Total bid in documents for 3k

With an updated kitchen, brand-new roof, and a clearly identified foundation repair, this property offers a great opportunity to complete the remaining work and unlock its full potential. Convenient Round Rock location with access to shopping, dining, major roadways, and area employers.

Property is being sold AS-IS. Foundation repair bid available. This is a short sale. Any offer, sales price, seller concessions, closing costs, and other terms are subject to approval by the seller’s mortgage lender and/or applicable lienholder(s). Short-sale approval is not guaranteed, and additional processing time may be required. Buyer to independently verify all property information, condition, repair estimates, and measurements.

At $181/sqft, this home is 13% 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

2017 Balsam Way, Round Rock, TX 78665

Property Details

Price $250,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,379 sqft
Lot Size 0.12 acres (5,318.68 sqft)
Year Built 1986
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Meadows At Chandler Creek Sec 02
County Williamson
Zip Code 78665
$/sqft $181/sqft
Days on Market ,
HOA $295/Annually
Annual Tax Est. $5,327.45
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247976018
List Date September 25, 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
1307 Wroxton Way
Mesa Ridge Sec 01
$245,000 $178 4 bd / 2 ba 1,374 sqft , 2026-04-17
1500 Wroxton Way
Mesa Ridge Sec 01
$255,000 $174 3 bd / 2 ba 1,464 sqft , 2026-04-28
2206 Bluebonnet Dr
Chandler Creek Sec 06c
$263,000 $205 3 bd / 2 ba 1,280 sqft , 2026-07-15
1705 Primrose Trl
Meadows At Chandler Creek
$265,000 $237 3 bd / 2 ba 1,116 sqft , 2026-10-01
1511 Lantana Dr
Meadows At Chandler Creek Sec 04
$288,000 $224 3 bd / 2 ba 1,288 sqft , 2026-08-23

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
$1,200/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
$50,000
20% conventional investment loan

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

Estimated Gross Rent+$1,200
Principal + Interest−$1,364
Property Tax (~2.1% TX avg)−$438
Insurance (~0.5%)−$104
Est. Monthly Cash Flow $-706

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 September 28, 2026.

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