About This Home

Beautiful historic home in the heart of downtown Round Rock on .612 acres offers multiple business opportunites.

Location

208 S Blair St, Round Rock, TX 78664

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Property Details

Price $1,800,000

Status Active Listing

Beds ,

Full Baths ,

Half Baths ,

Living Area ,

Lot Size 0.61 acres (26,658.72 sqft)

Year Built 1886

Garage ,

Stories ,

Type Commercial Sale · Mixed Use

Subdivision Round Rock City

County Williamson

Zip Code 78664

$/sqft ,

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $9,045.22

Pool ,

Waterfront ,

New Construction ,

MLS # ACT246891135

List Date September 15, 2026

Elementary School ,

Middle School ,

High School ,

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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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

$8,640/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

$360,000

20% conventional investment loan

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

Estimated Gross Rent+$8,640

Principal + Interest−$9,823

Property Tax (~2.1% TX avg)−$3,150

Insurance (~0.5%)−$750

Est. Monthly Cash Flow $-5,083

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

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 September 15, 2026.

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

208 S Blair St

Location

Property Details

Rental Income Potential

Major Employers Near Round Rock, TX

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