Active Listing  ·  157 days on market

209 Pheasant Rdg

Round Rock, TX 78665
$319,999
3 Bed 2 Bath 1,633 sqft $196/sqft Built 2002 0.20 acres 2-Car Garage Pool Chandler Creek Sec 19

Completely Updated single story 3 bedroom 2 bath home with a flex space that could be used as an office or formal dining area. Turnkey and ready for a quick close! Tile wood plank throughout a majority of the home with brand new carpet in the bedrooms. An an open concept kitchen to the living area with an eat in breakfast area, white cabinetry, granite countertops, stainless steel appliances including a refrigerator, in the living area is a wood burning fireplace and mantle. As you enter the primary bedroom it has an ensuite bathroom with a walk-in closet, dual vanity w/granite tops, garden tub, and separate standup shower. The two additional bedrooms are good sized with ceiling fans and walk-in closets. The second bathroom is also fully updated with granite countertops. The backyard offers an oversized covered patio with a concrete extension, wood privacy fence, two good sized trees and a grassy area. Lastly, a Laundry room and 2 car garage with opener. Located in Chandler Creek Subdivision within Round Rock, Texas with very easy access to 79 and IH35. Minutes away from the Round Rock outlet mall, La Frontera shopping area, an abundance of restaurants, and grocery shopping.

At $196/sqft, this home is 8% below the Round Rock active market average of $214/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

209 Pheasant Rdg, Round Rock, TX 78665

Property Details

Price $319,999
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,633 sqft
Lot Size 0.20 acres (8,712 sqft)
Year Built 2002
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Chandler Creek Sec 19
County Williamson
Zip Code 78665
$/sqft $196/sqft
Days on Market ,
HOA $380/Annually
Annual Tax Est. $6,755.59
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT222747534
List Date March 19, 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.

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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 · March 19, 2026 $340,000
Previous ask $324,500
Current ask $319,999
Reduced $20,001 (-5.9%) 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
1070 Sussex Way
Legends Village Sec 02 Ph 02
$324,000 $177 3 bd / 2 ba 1,830 sqft , 2026-07-16
1910 Balsam Way
Meadows At Chandler Creek Sec 03
$324,900 $173 4 bd / 2 ba 1,881 sqft , 2026-04-08
1049 Regency Ln
Legends Village Sec 02 Ph 01
$329,500 $199 3 bd / 2 ba 1,654 sqft , 2026-05-26
1955 Settlers Glen Dr #4702
Northpoint at Old Settlers
$334,500 $199 3 bd / 3 ba 1,685 sqft , 2026-05-27
1539 Apollo Cir
Rhodes Sec 01
$305,000 $173 3 bd / 3 ba 1,762 sqft , 2025-09-27

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
$1,536/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
$64,000
20% conventional investment loan

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

Estimated Gross Rent+$1,536
Principal + Interest−$1,746
Property Tax (~2.1% TX avg)−$560
Insurance (~0.5%)−$133
Est. Monthly Cash Flow $-903

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 August 20, 2026.

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