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.
Active
$285,000
1503 Meadows Dr, Round Rock, TX 78681
3beds
1,032sqft
Single Family Residence
Built in 1977
7,784 Square Feet Lot
$276,600 Zestimate®
$276/sqft
$-- HOA
What's special
Welcoming homeBackyard gatheringsVinyl woodgrain flooringCovered patio
- 1 day
- 106
- 0
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Gigi Grzanich (512) 660-7368,
AustinVestors (512) 660-7368
Source: Unlock MLS,MLS#: 3908998
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 3
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Range, Refrigerator
Features
- No Interior Steps, Primary Bedroom on Main
- Flooring: Vinyl
- Windows: None
Interior area
- Total interior livable area: 1,032 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio, Rear Porch
- Exterior features: None
- Pool features: None
- Fencing: Back Yard
- View description: None
- Waterfront features: None
Lot
- Size: 7,784 Square Feet
- Features: None
Details
- Additional structures: None
- Parcel number: 164930000D0004
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: None
- Subdivision: Old Town Meadows
HOA
- Has HOA: No
Location
- Region: Round Rock
Financial & listing details
- Price per square foot: $276/sqft
- Tax assessed value: $255,703
- Annual tax amount: $4,601
- Date on market: 10/13/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
Estimated market value
$276,600
$263,000 - $290,000
$1,666/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/13/2026 | Listed for sale | $285,000+128%$276/sqft |
Source:  Unlock MLS #3908998 Report a problem | ||
| 9/30/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/28/2023 | Listed for rent | $1,775+27.2%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/20/2018 | Listing removed | $1,395$1/sqft |
Source: AustinVestors #3715145 Report a problem | ||
| 11/16/2018 | Listed for rent | $1,395$1/sqft |
Source: AustinVestors #3715145 Report a problem | ||
| 9/19/2018 | Listing removed | $1,395$1/sqft |
Source: AustinVestors Property Management Report a problem | ||
| 9/11/2018 | Listed for rent | $1,395$1/sqft |
Source: AustinVestors Property Management Report a problem | ||
| 4/3/2015 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 3/8/2015 | Pending sale | $125,000$121/sqft |
Source: Realty Austin #3693234 Report a problem | ||
| 3/8/2015 | Listed for sale | $125,000$121/sqft |
Source: Realty Austin #3693234 Report a problem | ||
| 11/17/2006 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,601 +8% | $255,703 +6.3% |
| 2024 | $4,260 +0.8% | $240,496 -0.1% |
| 2023 | $4,224 -19.5% | $240,838 -12.9% |
| 2022 | $5,246 +12.2% | $276,605 +23.9% |
| 2021 | $4,676 +10.3% | $223,330 +18.2% |
| 2020 | $4,240 +3.6% | $188,885 +4.2% |
| 2019 | $4,093 +22% | $181,329 +22.7% |
| 2018 | $3,354 | $147,774 +2.3% |
| 2017 | $3,354 +13.8% | $144,444 +15.5% |
| 2016 | $2,946 +9.1% | $125,066 +4.7% |
| 2015 | $2,701 | $119,475 +4.1% |
| 2014 | $2,701 | $114,805 +20% |
| 2013 | -- | $95,696 |
| 2012 | -- | $95,696 -8.5% |
| 2011 | -- | $104,615 +1.2% |
| 2010 | -- | $103,380 +3.8% |
| 2009 | -- | $99,556 +6.8% |
| 2007 | -- | $93,190 +3.3% |
| 2006 | -- | $90,175 -1.7% |
| 2005 | -- | $91,704 +0.7% |
| 2004 | -- | $91,063 +3.6% |
| 2003 | -- | $87,933 +2.5% |
| 2002 | -- | $85,800 +5% |
| 2001 | -- | $81,748 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Old Town Meadows
Nearby schools
Schools provided by the listing agent
- Elementary: Old Town
- Middle: Walsh
- High: Round Rock
- District: Round Rock ISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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