Active Listing  ·  4 days on market

512 Purple Sage Dr

Round Rock, TX 78681
$275,000
3 Bed 2 Bath 1,263 sqft $218/sqft Built 1983 0.18 acres 2-Car Garage Pool Chisholm Valley South Sec 04 Ph 02

A cheerful red door and saltillo-tiled entry welcome you to 512 Purple Sage Drive — a light-filled, move-in-ready single-story home in Chisholm Valley. This home lives far larger than its footprint, thanks to dramatic vaulted ceilings and an open flow across the main living spaces.

Fresh designer-white paint and rich wood-look flooring run throughout, giving the whole home a crisp, updated feel. The living room centers on a classic tile-surround fireplace with white mantel, framed by windows on both sides and a glass door with transom above that pulls in backyard greenery from every angle. The kitchen — with gas range and breakfast bar seating — opens to a sunny bay-window breakfast nook overlooking the fenced backyard.

Outside, a brick-and-siding exterior, two-car garage, and healthy lawn round out the package on a quiet interior street.

The location delivers: minutes to historic downtown Round Rock, easy I-35 access to the tech corridor and Austin, and close to Old Settlers Park and everyday conveniences. Round Rock ISD.

Whether you're buying your first home, rightsizing, or adding a turnkey rental, this one checks the boxes at a price point that's getting harder to find in 78681.

At $218/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

512 Purple Sage Dr, Round Rock, TX 78681

Property Details

Price $275,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,263 sqft
Lot Size 0.18 acres (7,710.12 sqft)
Year Built 1983
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Chisholm Valley South Sec 04 Ph 02
County Williamson
Zip Code 78681
$/sqft $218/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $5,484
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242940545
List Date August 18, 2026
Elementary School Bluebonnet
Middle School Chisholm Trail
High School Round Rock
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
1001 Tamra Cv
Westwind
$274,900 $207 3 bd / 2 ba 1,331 sqft , 2026-08-19
902 Cactus Dr
Chisholm Valley West Sec 01
$265,000 $219 3 bd / 2 ba 1,212 sqft , 2026-08-14
2203 Frontier Trl
Chisholm Vly West Sec 03 Amd
$264,500 $205 3 bd / 2 ba 1,289 sqft , 2026-06-20
1803 Frontier Trl
CHISHOLM VALLEY WEST SEC 3 (AMD)
$290,000 $208 3 bd / 2 ba 1,393 sqft , 2026-06-26
411 Buckboard Blvd
Chisholm Valley Sec 05
$299,000 $214 3 bd / 2 ba 1,400 sqft , 2026-02-17

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
$1,320/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
$55,000
20% conventional investment loan

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

Estimated Gross Rent+$1,320
Principal + Interest−$1,501
Property Tax (~2.1% TX avg)−$481
Insurance (~0.5%)−$115
Est. Monthly Cash Flow $-777

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 →