About This Home

Welcome to 7220 Wyoming Springs Dr #203 in Round Rock! This bright and spacious 2-bedroom condo offers an open layout with plenty of natural light and comfortable living spaces. Both bedrooms are generously sized and feature their own attached bathrooms, while a convenient half bath is tucked away in a private corner near the living room and kitchen. The roof was replaced in 2023, adding peace of mind. Located close to highly rated Round Rock ISD schools, parks, dining, shopping, and everyday conveniences, this is a great place to call home.. Note: Agent is the owner.

At $188/sqft, this home is 10% 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

7220 Wyoming Springs Dr #203, Round Rock, TX 78681

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Property Details

Price $285,000

Status Active Listing

Beds 2

Full Baths 2

Half Baths 1

Living Area 1,518 sqft

Lot Size ,

Year Built 2014

Garage 1 spaces

Stories ,

Type Residential · Condominium

Subdivision Rockwell Village Condos

County Williamson

Zip Code 78681

$/sqft $188/sqft

Days on Market ,

HOA $265/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT246863513

List Date September 15, 2026

Elementary School Fern Bluff

Middle School Chisholm Trail

High School Round Rock

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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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 · September 15, 2026 $299,000

Current ask $285,000

▼ Reduced $14,000 (-4.7%) 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

7220 Wyoming Springs Dr #504
Rockwell Village $285,000 $198 2 bd / 3 ba 1,439 sqft , 2026-08-25

1611 Lantern Light Dr
Sam Bass Trails Sec 01 $274,000 $239 3 bd / 2 ba 1,145 sqft , 2026-08-20

1712 Somerset Dr
Somerset 02 $269,900 $190 3 bd / 2 ba 1,421 sqft , 2026-07-15

3512 Cornerstone St
Brushy Creek $350,000 $266 3 bd / 2 ba 1,317 sqft , 2026-04-29

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

$1,368/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

$57,000

20% conventional investment loan

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

Estimated Gross Rent+$1,368

Principal + Interest−$1,555

Property Tax (~2.1% TX avg)−$499

Insurance (~0.5%)−$119

Est. Monthly Cash Flow $-805

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 →

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 October 5, 2026.

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

7220 Wyoming Springs Dr #203

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Round Rock, TX

More Luxury Homes in Round Rock

7220 Wyoming Springs Dr #203

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Round Rock, TX

More Luxury Homes in Round Rock

Explore Austin Real Estate