Active Listing  ·  201 days on market

7920 Rockwood Ln #203

Austin, TX 78757
$165,990
1 Bed 1 Bath 668 sqft $248/sqft Built 1968 0.03 acres Pool Royal Orleans North Condo Amd

NEW ROOF ...Tenant move-out in September....This second-floor end unit features two large walk-in closets in the bedroom and a modern dual vanity in the full bath. Charming open floorplan with living and dining areas. Gas range in the kitchen and balcony overlooking the pool. This unique, quiet community features well-manicured courtyards with covered outdoor living areas, a sparkling community pool, laundry facilities, and reserved parking. Fantastic walkable and bikable location! Walking distance from grocery, restaurants, coffee Alamo Drafthouse, Epoch Coffee, El Dorado Cafe and Star of India to name a few. Minutes from Burnet Road corridor and easy access to MoPac and 183. Shoal Creek immediately behind.

At $248/sqft, this home is 37% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

7920 Rockwood Ln #203, Austin, TX 78757

Property Details

Price $165,990
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 668 sqft
Lot Size 0.03 acres (1,219.68 sqft)
Year Built 1968
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Royal Orleans North Condo Amd
County Travis
Zip Code 78757
$/sqft $248/sqft
Days on Market ,
HOA $396.55/Monthly
Annual Tax Est. $1,424.52
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT221182638
List Date March 6, 2026
Elementary School Pillow
Middle School Burnet (Austin ISD)
High School Anderson
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin 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 6, 2026 $189,000
Previous ask $166,990
Current ask $165,990
Reduced $23,010 (-12.2%) 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 Austin

Comparable Listings Right Now

Homes currently for sale in Austin 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
7920 Rockwood Ln #216
Royal Orleans North Condo Amd
$167,000 $249 1 bd / 1 ba 672 sqft , 2026-07-24
7406 Shadow Hill Dr #104
Shadow Oaks Twnhms
$168,500 $242 1 bd / 1 ba 696 sqft , 2026-09-11
8888 Tallwood Dr #1107
8888 Tallwood Condo Amd
$169,000 $283 1 bd / 1 ba 598 sqft , 2026-04-29
2425 Ashdale Dr #78
Summit Condo Amd
$169,000 $260 1 bd / 1 ba 651 sqft , 2026-07-06
8210 Bent Tree Rd #235
Arbors
$169,500 $265 1 bd / 1 ba 640 sqft , 2026-06-02

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
$797/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
$33,198
20% conventional investment loan

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

Estimated Gross Rent+$797
Principal + Interest−$906
Property Tax (~2.1% TX avg)−$290
Insurance (~0.5%)−$69
Est. Monthly Cash Flow $-468

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 Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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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 10, 2026.

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