Active Listing  ·  127 days on market

117 Mullins Dr

Rockdale, TX 76567
$157,170
3 Bed 2 Bath 1,156 sqft $136/sqft Built 2026 0.13 acres 2-Car Garage Pool New Construction Cornerstone

The Atlanta plan is a charming one-story home featured at Cornerstone in Rockdale, TX. This 3-bedroom, 2-bathroom home offers 1,156 square feet of living space and a two-car garage. A front porch (per plan) welcomes you into the home and opens to the gourmet kitchen which includes granite tops, quality cabinets, stainless steel appliances. An open concept floorplan allows for the kitchen to flow seamlessly into the dining room and living room. The main bedroom has an attractive ensuite bathroom that features a quartz vanity countertop and quality cabinetry. Enjoy additional storage with a spacious walk-in closet located off of the primary bathroom. Your secondary bedrooms all feature quality carpet flooring and a closet, and can be used as bedrooms, offices, work out spaces or other bonus rooms. The possibilities are endless with The Atlanta floor plan. Property is located within the Cornerstone Public Improvement District (PID) and subject to assessments. Assessment varies by lot classification. For assessment details, contact the City of Rockdale.

At $136/sqft, this home is 56% below the Rockdale active market average of $309/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

117 Mullins Dr, Rockdale, TX 76567

Property Details

Price $157,170
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,156 sqft
Lot Size 0.13 acres (5,797.84 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Cornerstone
County Milam
Zip Code 76567
$/sqft $136/sqft
Days on Market ,
HOA $100/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT239141398
List Date July 8, 2026
Elementary School Rockdale
Middle School Rockdale
High School Rockdale
School District Rockdale ISD

Rockdale ISD

Rockdale · Rockdale · Rockdale

Luke Allen (TREC #788149) has deep knowledge of Rockdale 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 · July 8, 2026 $197,950
Previous ask $177,170
Current ask $157,170
▼ Reduced $40,780 (-20.6%) 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.

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
$754/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.45%
NOI after 40% vacancy + expenses
Down Payment
$31,434
20% conventional investment loan

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

Estimated Gross Rent+$754
Principal + Interest−$858
Property Tax (assumed ~2.1%)−$275
Insurance (assumed ~0.5%)−$65
Est. Monthly Cash Flow $-444

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 Rockdale, TX

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

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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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 · 41 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. The written content was last updated on October 23, 2026.

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

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