Active Listing  ·  91 days on market

1116 Hillridge Dr

Round Rock, TX 78665
$629,000
4 Bed 4 Bath 3,853 sqft $163/sqft Built 2008 0.21 acres 2-Car Garage Pool Teravista Sec 11

2 HVAC units are being replaced week of 08/06 adding to the comfort and value of this home!! Welcome home to 1116 Hillridge Drive, nestled in the prestigious golf course community of Teravista. Backing to green space and overlooking the 4th fairway, this spacious home offers the perfect blend of comfort, functionality, and lifestyle. Boasting 4 bedrooms and 3.5 baths, there is plenty of room to grow, entertain, and spread out. Warm and inviting engineered hardwood floors flow throughout the primary living areas on the main level. The great room features a dramatic wall of windows, filling the home with natural light while showcasing peaceful golf course views. A large gourmet kitchen is designed for gathering and everyday living with a center island, abundant counter space, double ovens, gas cooktop, walk-in pantry, decorative glass-front cabinetry, and a wine rack ready for your favorite collection. The kitchen seamlessly opens to the breakfast area, formal dining room, and great room, creating an ideal layout for entertaining.The executive office overlooking the front yard provides the perfect work-from-home setup or flexible bonus space. Upstairs, you’ll find a spacious game room with a junior office nook, three secondary bedrooms, and two full baths — offering versatility for guests, hobbies, or multi-generational living. Beyond the home itself, Teravista is known for its resort-style amenities, scenic walking trails, golf course living, pools, parks, and welcoming community atmosphere. Conveniently located near Baylor Scott & White Health, higher education opportunities including Texas State University, premier shopping at Round Rock Premium Outlets, dining, entertainment, and the rapidly growing North Austin tech corridor, this location offers a lifestyle that has many ammenities. Don’t miss the opportunity to experience one of Round Rock’s most desirable golf course communities.

At $163/sqft, this home is 24% below the Round Rock active market average of $214/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1116 Hillridge Dr, Round Rock, TX 78665

Property Details

Price $629,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,853 sqft
Lot Size 0.21 acres (9,365.4 sqft)
Year Built 2008
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Teravista Sec 11
County Williamson
Zip Code 78665
$/sqft $163/sqft
Days on Market ,
HOA $397.95/Semi-Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT230234607
List Date May 24, 2026
Elementary School Teravista
Middle School Hopewell
High School Stony Point
School District ,

Luke Allen (TREC #788149) has deep knowledge of Round Rock and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · May 24, 2026 $630,000
Current ask $629,000
Reduced $1,000 (-0.2%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

Similar Homes on the Market in Round Rock

Comparable Listings Right Now

Homes currently for sale in Round Rock with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
4201 Greatview Dr
Teravista Sec 03A
$619,900 $177 4 bd / 3 ba 3,496 sqft , 2026-05-13
4215 Windberry Ct
Teravista Sec 16A
$610,000 $184 4 bd / 4 ba 3,311 sqft , 2026-05-23
1996 Westvalley Pl
Teravista Sec 17A
$700,000 $193 4 bd / 3 ba 3,633 sqft , 2026-08-14
701 Green Vista Ct
Teravista Sec 09
$550,000 $208 4 bd / 3 ba 2,643 sqft , 2026-06-18
1915 Kempwood Loop
Teravista
$535,000 $203 3 bd / 2 ba 2,630 sqft , 2026-04-10

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$3,019/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$125,800
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$3,019
Principal + Interest−$3,433
Property Tax (~2.1% TX avg)−$1,101
Insurance (~0.5%)−$262
Est. Monthly Cash Flow $-1,777

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Round Rock, TX

Round Rock sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Dell Technologies HQ 5 min
Apple Campus (Domain) 15 min S
Samsung Austin Semiconductor 20 min SW
Tesla Gigafactory 35 min S

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on August 14, 2026.

📞 (254) 718-2567 [email protected] More about Luke →