2 Bed2 Bath940 sqft$169/sqftBuilt 19830.02 acresPoolCrossing Condo Unit 302
About This Home
Investors Dream-Endless possibilities, a blank canvas. make it your own!
At $169/sqft, this home is 19% 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
500 Hesters Crossing Rd #110, Round Rock, TX 78681
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.
Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.
Original ask · September 4, 2025$209,000
Previous ask$199,900
Current ask$159,000
▼Reduced $50,000 (-23.9%) from original ask
Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.
Similar Homes on the Market in Round Rock
Comparable Listings Right Now
Homes currently for sale in Round Rock with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.
AddressList Price$/sqftBeds/BathsSqftDOMListed
901 S Mays St #19 Mays Square Condo$169,900$1422 bd / 2 ba1,197 sqft,2026-07-08
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
$763/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
$31,800
20% conventional investment loan
Monthly Cash Flow Breakdown (20% down · 7.25% rate)
Estimated Gross Rent+$763
Principal + Interest−$868
Property Tax (~2.1% TX avg)−$278
Insurance (~0.5%)−$66
Est. Monthly Cash Flow$-449
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:
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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.