Active Listing  ·  67 days on market

7920 Rockwood Ln #249

Austin, TX 78757
$199,699
1 Bed 1 Bath 743 sqft $269/sqft Built 1968 0.03 acres Pool Royal Orleans North Condo Amd

Step into stylish city living with this completely remodeled 1-bedroom condominium in the charming Royal Orleans Condominiums at 7920 Rockwood Ln. #249! Inspired by timeless New Orleans character, this beautifully updated home blends classic charm with modern comfort in one of Austin’s most walkable and desirable locations.

Inside, you’ll find thoughtfully designed living spaces featuring updated finishes, fresh contemporary touches, and an inviting atmosphere perfect for relaxing or entertaining. Whether you’re a first-time buyer, downsizing, investing, or simply looking for the ultimate lock-and-leave lifestyle, this condo checks every box.

Location is everything — and this one delivers beyond expectations with an incredible “110% walkability score!” Stroll to your favorite local coffee shops, catch a movie at Alamo Drafthouse, meet friends for cocktails at Cover 3, grab a legendary burger at Hopdoddy, enjoy an Old Austin classic at Conan’s Pizza, or treat yourself to an upscale dinner at Bartlett’s. Endless dining, entertainment, and nightlife options are literally right outside your door.

Enjoy the perfect combination of charm, convenience, and vibrant Austin living in this move-in-ready gem at Royal Orleans Condominiums!

At $269/sqft, this home is 31% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

7920 Rockwood Ln #249, Austin, TX 78757

Property Details

Price $199,699
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 743 sqft
Lot Size 0.03 acres (1,350.36 sqft)
Year Built 1968
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Royal Orleans North Condo Amd
County Travis
Zip Code 78757
$/sqft $269/sqft
Days on Market ,
HOA $299/Monthly
Annual Tax Est. $3,495
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231727859
List Date May 29, 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.

Schedule a Call →

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
3815 Guadalupe St #303
Avenel At Hyde Park Condo
$199,888 $317 1 bd / 1 ba 630 sqft , 2026-07-11
12166 Metric Blvd #2006
Edgecreek Condo Amd
$199,900 $304 1 bd / 1 ba 657 sqft , 2026-05-14
4306 Avenue A Ave #114
Park Place Condo
$199,900 $251 2 bd / 1 ba 798 sqft , 2026-06-14
3703 Harmon Ave #101
Johnsons L C Resub
$199,900 $313 1 bd / 1 ba 638 sqft , 2026-06-17
1905 San Gabriel St #206
San Gabriel West
$199,900 $393 2 bd / 1 ba 509 sqft , 2026-07-30

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
$959/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
$39,940
20% conventional investment loan

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

Estimated Gross Rent+$959
Principal + Interest−$1,090
Property Tax (~2.1% TX avg)−$349
Insurance (~0.5%)−$83
Est. Monthly Cash Flow $-563

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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