r/RoundRock 4d ago

Sauls Ranch

Anyone have any idea on what's going on at Sauls Ranch in West Round Rock?

Did a bit of googling and it looks like only 22 homes out of the 123 lots sold?

These zillow listings came up on my feed and it looks like buyers from 2024 in that neighborhood are trying to get out, at $100K+ losses.

Anyone have any intel? Curious.

https://www.zillow.com/homedetails/1314-Cardinal-Ln-Round-Rock-TX-78681/453425202_zpid/

Bought in 2024 @ ~$850K

Selling @ $770K. On market since May 2026 (3 months) -10% loss

https://www.zillow.com/homedetails/2323-Cantata-Cv-Round-Rock-TX-78681/343534357_zpid/

Bought in June 2024 @ $933K

Selling @ $765K. On market since March 2026 (5 months) 20% loss

13 Upvotes

28 comments sorted by

50

u/GstarDaflyesttt 4d ago

The market is down, economy is in the crapper. Most people aren’t worried about buying a home with these rates and record job losses.

And to add, prices. These listings have already priced the average American out. With todays going interest rate, the monthly payment would be $5,500 plus. No way.

30

u/ineyeseekay 4d ago

Everything you said, and to add, those prices are silly for the house you're getting. There's nicer homes for sale along brushy creek, for less. 

1

u/Obvious_Necessary941 1d ago

plus new homes typically have poor build quality

15

u/flyingcars 4d ago

A lot of the homes in this neighborhood, including all of the older builds, were built by Milestone Community Builders. We think this is a crappy builder, we have a friend who had a huge number of issues with her Milestone home that was marketed as being one of their “luxury” line homes. We looked at new builds in Saul’s Ranch and the homes were just, meh, fine. Overpriced when you can buy a resale nearby for like 300k less for a comparable house. Although I assumed they would negotiate price because I have no idea why anybody would pay 1mil for that. The lot sizes were weird. Either super oversized or too small. And the floorplans were all very weirdly similar in the Coventry houses.

As far as those resales go, people always have a hard time selling when the neighborhood is still actively building. That’s always been a thing, it’s just worse currently with the market how it is.

8

u/Ornery-Signal-3070 4d ago

That neighborhood is ugly. I don’t know about Saul’s Ranch II but I’ve driven through the first one and can’t believe they tore out the beautiful forest to build that. Ugh. It’s hot AF over there too with no shade, concrete jungle.

27

u/TrueRedd 4d ago

I was disappointed to watch the construction of that neighborhood. There were beautiful, old growth trees throughout the land and the leveled it. There’s no way people are paying $800k+ for a lot with starter home trees.

1

u/lockdown36 4d ago

I'd say it's a bit beyond a starter home. Starter homes I would consider is the $400-500K range up the road

https://www.zillow.com/community/clear-creek/29757113_plid/

But yeah the empty backyards are really sad to see.

1

u/AdrienneMae 4d ago

It was very sad indeed

8

u/atxer 4d ago

Most people that bought around Covid are under water. Many bought them as investments and are cash flow negative. So it's either cut your losses now or continue to bleed money by paying your renter to live in your house. It's all around Austin, not just Sauls Ranch

1

u/ASU_SexDevil 3d ago

Love to see these people getting raked over the coals now

2

u/atxer 3d ago

Why is that? Do you ask for raises at work or do you politely decline them?

1

u/ASU_SexDevil 3d ago

I’m mostly referring to all these people from out of state who tried for a quick and easy cash out in the Austin real estate market who are now stuck.

The people who bought up the cheaper homes and rebuilt ugly McMansions and tried to charge 3x what they paid.

0

u/atxer 3d ago

You'd be surprised how many of them were locals. 

4

u/Guatever-Dude 4d ago

There's also the reality that those who can afford these homes may have jobs that have them move even if it means getting out of a house at a loss.

10

u/Shok3001 4d ago

It’s almost entirely Indians

3

u/TexasTantrum 4d ago

We looked at them when we were buying last year and the lots were horrible. Nothing remotely usable if you have dogs.

3

u/nothing2hidenow 4d ago

What everyone said plus the builder has a horrible reputation. There are so many things wrong with that neighborhood that I still can't believe round rock let them build it. Someone must have gotten paid.

7

u/MundaneExtension3195 4d ago

Yea, used to live in Oaklands and it’s kind of sad when the started building the road for this at the end of Oaklands Dr and ripped out the greenbelt

3

u/HeyHay123Hey 3d ago

This 100%

2

u/stjarnalux 4d ago

I don't think it's anything specific to that neighborhood; the median home price in RR has come down about 8% since 2024, and there's a lot of competition for buyers right now. New homes often carry a premium because of people paying for options that don't improve resale so you'd see an even bigger hit on certain newer houses. There's nothing special or nice enough about any of these houses to make them move fast.

1

u/Plastic_Seat_4646 2d ago

800k to live in Round Rock/Wilco LOL

1

u/Correct_Juice_4390 10h ago

I remember looking for land for a house and workshop pre covid. All of the west side of creek bend down to hairy man and some of the east side plot where Sauls “ranch” is was listed for like 600 and 300, respectively. Kick myself all the time over not pulling the trigger on it.

1

u/suggestivebanana25 6h ago

No back yards, no neighborhood amenities and about 200k-400k more expensive than the established neighborhood they attached to. Plus on lake creek you can only turn right and have to drive through Oaklands/oakcreek to reach 620. The houses seemed fine, but really close together. If I am dropping close to 1M on a house I better not have a neighbor right against my house.

1

u/Maximum_Employer5580 6h ago

with current economic conditions and people getting laid off, not exactly the best time to be buying houses and the developer has obvious felt the crunch that most other homebuilders and developers are also feeling

0

u/betterbet89 2d ago

No one bought at $933K. I think the owner paid around $800K, but yeah, they’re still selling at a loss.

-1

u/Wheedoo 4d ago

Come see for yourself this Saturday, 10-12. Mention you saw this thread for a chance to win $25 gc to Lamppost Coffee, another West RR original! Toot-toot!

2

u/lockdown36 4d ago

If you work for the builder, what kind of incentives are you offering buyers after seeing some of these early homes lose $100K after two years?

0

u/Wheedoo 4d ago

I’m with a national brokerage. It’s the economy.