1505 Sagebrush DR — photo 1
Fixer-UpperEstimated by HomeLocating
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$199,900
3 beds2 baths1,236 sqft

1505 Sagebrush DR, Round Rock TX 78681

MLS #246993718 · Keller Williams Realty · Andrew Cavazos

Residential
Built in 1978
0.17 Acres Lot
$162/sqft

About this home

Investor opportunity in Round Rock under $200,000! If you've been looking for an affordable investment property with solid bones and a functional floor plan, 1505 Sagebrush Drive deserves a look. This single-story home offers 3 bedrooms, 2 full bathrooms, and 1,236 square feet, with the secondary bedrooms situated separately from the primary suite for added privacy. Whether you're looking for your next rental, potential short-term rental, renovation project, or long-term hold, this property offers an increasingly hard-to-find entry point into the Round Rock market. Unlike many homes at this price point that require extensive structural or major-system work, this home comes pre-inspected with several of the big-ticket items already in good standing. The roof was replaced in 2016, the HVAC system dates to 2020, and the foundation was found to be in good condition at the time of inspection. The home does need updating and repairs, and the price reflects that opportunity. Bring your vision, make the improvements, and turn this property into an income-producing asset or long-term investment. Conveniently located approximately 5 minutes from shopping, restaurants, and I-35, 15 minutes from Downtown Round Rock, and 30 minutes from Downtown Austin. Property is being sold as-is and is available for CASH PURCHASE ONLY. Pre-inspection report available for review. Buyer to independently verify all information, condition, and intended use, including any short-term rental restrictions or requirements.

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
1978
Full baths
2
Lot size
0.1738
Subdivision
Chisholm Valley Sec 05
MLS area
RRW
MLS #
246993718

Features

Interior features

  • Bookcases
  • Primary Bedroom on Main
  • Walk-In Closet(s)

Exterior features

  • None

Additional details

Parking
Attached, Door-Multi, Garage
Garage spaces
2
Roof
Composition
Foundation
Slab
Annual tax
$4,796

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Schools

Assigned schools per the MLS.

School district
Round Rock ISD
Elementary
Bluebonnet
Middle
Chisholm Trail
High
Round Rock

Market insights

Compared with 332 active homes in ZIP 78681 · HomeLocating listings

Area median price
$489,999.5
This home vs. median
59% below
Homes with a price cut
51%

Estimated monthly payment

$1,494/mo
Principal & interest$1,011/mo
Property taxes
Home insurance (est.)

Home price

$199,900

Down payment

20% ($39,980)

Loan details

30-yr fixed, 6.50%

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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see above for detail); contact a lender to confirm your exact rate and payment.

Ask about renovation financing for this home

With a fixer-upper, you can often finance the home and the repairs together — loans like the FHA 203(k) and Fannie Mae HomeStyle roll the purchase price and the cost of the work into one mortgage. Whether this home qualifies and what it would take are confirmed with a lender. Tell us you're interested and we'll help you explore the options.

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Listing courtesy of Keller Williams Realty · Andrew Cavazos

Listing data last updated Sep 11, 2026, 5:46 PM

Information is deemed reliable but not guaranteed and should be independently verified. Listing information is provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 HomeLocating.com.

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