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$575,000

1903 Springwater Dr, Round Rock, TX, 78681

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths2 Bath
Baths3,220 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.57 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesCooktop, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard, Rain Gutters

Building Information

Year Built1993
Stories2
Garage Spaces2

Land Information

APNR-16-4821-000A-0016
Lot Number16
SubdivisionOaklands The
Land UseResidential
Legal DescriptionOAKLANDS THE SEC 1-A, BLOCK A, LOT 16
Census Tract020505
Assessed Land Value$114,000
Assessed Improvement Value$481,688
Assessment Year2025

About this property

Welcome to this SPACIOUS 5 bedroom, 3.5 bathroom 3,220 sqft two story in the desirable highly sought-after Oaklands community in Round Rock! This home features soaring ceilings, abundant natural lighting, and multiple living and dining areas! It offers a perfect blend of comfort, style and functionality. The spacious kitchen is the heart of the home, complete with unique granite counters, a breakfast bar, all overlooking the family room! There is a dedicated office and flexible living spaces provide room for working from home, entertaining or everyday living! The media room upstairs is awesome for watching movies, or can also serve as a playroom or flex space! Step outside to a great backyard shaded by mature oak trees! Residents of Oaklands enjoy exceptional amenities, including a community pool, clubhouse, playground, tennis & pickleball courts, plus convenient access to the Brushy Creek Trail system! Zoned to the highly acclaimed Round Rock ISD and just minutes form shopping, dining, hospitals and major highways including SH-45, MoPac and I-35. This is an outstanding opportunity in one of Round Rock's best neighborhoods! Flooring allowance of $3,500!

Investor Tools

Property Icon
$595,688
Estimated Property Value
$221,456Estimated Mortgage Balance
$374,232Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,574 /month
Positive
Cash Flow Estimate:
$1,191 /month

Interested in this property?

Natalie Hammond

TurnKey Ranch Real Estate, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$973/month
$55/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,700
$595,688
2025
$114,000
$481,688
$595,688
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,700
$595,688

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Envoy Mortgage Ltd
Fha
$228,000
Yes
First
Mar 21, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$209,382
$386,306
64%
35%
$1,367/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Round Rock

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1903 Springwater Dr | Property Details | No Agent List