1503 Meadows DR, Round Rock TX 78681
Round Rock, TX 78681 · Old Town Meadows
Single Family Residence for sale in Old Town Meadows
Overview
Property Description
Shaded afternoons on the covered patio, backyard gatherings, and the comfort of a welcoming home—1503 Meadows Drive offers the relaxed lifestyle renters love, along with an opportunity for investors to purchase with a tenant and lease already in place through November 2027. This charming 3-bedroom, 2-bathroom home features vinyl woodgrain flooring, an updated kitchen with modern appliances, and a 2-car garage with room for parking and storage. Mature shade trees frame the front and back yards, while the covered patio creates an inviting spot to unwind or entertain. For investors, the existing tenancy means no need to start from scratch finding a renter at closing. The remaining lease term offers an established rental arrangement to evaluate as part of your investment strategy, paired with the everyday appeal of a West Round Rock location. Whether you’re building your rental portfolio or purchasing your first investment property, this home deserves a closer look. Contact Gigi for lease details, current rental income, and showing arrangements. Tenant occupied. Lease in place through November 2027. Showings by appointment with advance notice.
Financial Info
- Price
- $285,000
- $ / Sqft
- $276
- HOA
- None
- Tax Rate
- 1.8%
- Est. Taxes
- $3,919.31
- Tax Year
- 2026
- Exemptions
- None
Legal Info
- Address
- 1503 Meadows DR
- County
- Williamson
- City
- Round Rock
- State
- TX
- Zip
- 78681
- Subdivision
- Old Town Meadows
- Legal Description
- OLD TOWN MEADOWS, BLOCK D, LOT 4
- Parcel
- 164930000D0004
Interior Features
- Floor
- Vinyl
- Num Living
- 1
- Dining
- 1
- Appliances
- Electric Range, Refrigerator
- Laundry
- In Garage, Main Level
- Master Bed
- Primary Bedroom on Main
- Master Main
- Yes
- Interior Features
- No Interior Steps, Primary Bedroom on Main, None
General Info
- Beds
- 3 Total / 3 Main Level
- Full / Half Baths
- 2 / 0
- Prop Type
- Residential
- Property Type
- Single Family Residence
- Stories
- 1
- Year Built
- 1977 / Resale
- Square Feet
- 1,032 / Public Records
- Garages
- 2
- Garage Desc
- Driveway
- Foundation
- Slab
- Roof
- Composition
- Construction
- Brick Veneer, Masonry – Partial
- Acres
- 0.18
- Lot Description
- None
- Restrictions
- None
- Flood Plain
- No
- View
- None
- Water Access
- No
- Waterfront
- No
- Area
- RRW
Utility Info
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Available, Electricity Connected, Sewer Connected, Water Connected
- Heat
- Central
- A C
- Central Air
Exterior Features
- Fence
- Back Yard
- Exterior Features
- None, Covered, Patio, Rear Porch
- Pool On Property
- No
- Area Amenities
- None
Price history
No price or status changes recorded yet.
Taxes
Schools
School Info
- District
- Round Rock ISD
- Elementary
- Old Town
- Middle
- Walsh
- High
- Round Rock
Maps
Financing
Your preferences
- 20% down
- Conv/Jumbo
- 30 years
- 6.50% rate
Saved on this device
Estimated monthly payment
$2,006 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $2,006
- Principal & interest
- $1,441
- Property taxes
- $327
- Homeowners insurance
- $238
*PITI only
These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal vs interest |
|---|---|---|---|---|---|
| 1 | $228,000 | $2,548 | $14,745 | $225,452 | |
| 2 | $225,452 | $2,719 | $14,574 | $222,732 | |
| 3 | $222,732 | $2,901 | $14,392 | $219,831 | |
| 4 | $219,831 | $3,095 | $14,198 | $216,736 | |
| 5 | $216,736 | $3,303 | $13,991 | $213,433 | |
| 6 | $213,433 | $3,524 | $13,769 | $209,909 | |
| 7 | $209,909 | $3,760 | $13,533 | $206,149 | |
| 8 | $206,149 | $4,012 | $13,282 | $202,137 | |
| 9 | $202,137 | $4,280 | $13,013 | $197,857 | |
| 10 | $197,857 | $4,567 | $12,726 | $193,290 |
- Year 1$225,452
- Principal paid
- $2,548
- Interest paid
- $14,745
- Starting balance
- $228,000
- Year 2$222,732
- Principal paid
- $2,719
- Interest paid
- $14,574
- Starting balance
- $225,452
- Year 3$219,831
- Principal paid
- $2,901
- Interest paid
- $14,392
- Starting balance
- $222,732
- Year 4$216,736
- Principal paid
- $3,095
- Interest paid
- $14,198
- Starting balance
- $219,831
- Year 5$213,433
- Principal paid
- $3,303
- Interest paid
- $13,991
- Starting balance
- $216,736
- Year 6$209,909
- Principal paid
- $3,524
- Interest paid
- $13,769
- Starting balance
- $213,433
- Year 7$206,149
- Principal paid
- $3,760
- Interest paid
- $13,533
- Starting balance
- $209,909
- Year 8$202,137
- Principal paid
- $4,012
- Interest paid
- $13,282
- Starting balance
- $206,149
- Year 9$197,857
- Principal paid
- $4,280
- Interest paid
- $13,013
- Starting balance
- $202,137
- Year 10$193,290
- Principal paid
- $4,567
- Interest paid
- $12,726
- Starting balance
- $197,857
Nearby
Courtesy of AustinVestors · (512) 660-7368
Listings courtesy of ACTRIS as distributed by MLS GRID.