About This Home

Welcome to your dream home! This inviting 3-bedroom, 2-bath residence offers flexible living with one bedroom that’s perfect as a home office or guest room. Enjoy the comfort of carpeted bedrooms and living areas, complemented by durable tile throughout the main spaces.

Nestled in a neighborhood full of mature trees, this home boasts a serene, picturesque setting while still being part of a vibrant, amenity-rich community. Families will love the playgrounds, pools, trails, and gathering spaces — there’s something for everyone to enjoy.

With its excellent layout, beautiful surroundings, and unbeatable price, this home is ideal for first-time buyers, growing families, or anyone looking for comfort and convenience in Round Rock. Don’t miss the chance to make it yours!

At $182/sqft, this home is 15% 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

1312 Terra St, Round Rock, TX 78665

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Property Details

Price $274,990

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,507 sqft

Lot Size 0.15 acres (6,686.46 sqft)

Year Built 1995

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Indian Ridge Sec 01A

County Williamson

Zip Code 78665

$/sqft $182/sqft

Days on Market ,

HOA $45/Quarterly

Annual Tax Est. $5,794.64

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT224333486

List Date March 30, 2026

Elementary School Caldwell Heights

Middle School Hopewell

High School Stony Point

School District ,

Have Questions About This Property?

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 · March 30, 2026 $339,990

Previous ask $299,990

Current ask $274,990

▼ Reduced $65,000 (-19.1%) 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

1025 Mohican None
Eagle Rdg Sec 06 $279,000 $230 3 bd / 2 ba 1,212 sqft , 2026-07-06

3611 Walleye Way
Meadow Lake Sec 03 $280,000 $214 3 bd / 2 ba 1,307 sqft , 2026-06-11

3931 Bonnie Ln
Stoney Brook Sec 04 $299,000 $153 3 bd / 3 ba 1,958 sqft , 2026-05-07

1001 Zodiac Ln #11
University Village North Sec 6 $299,500 $214 3 bd / 3 ba 1,398 sqft , 2026-06-15

1347 Lakeside Loop
Meadow Lake Sec 01-B Rev $300,000 $170 3 bd / 3 ba 1,761 sqft , 2026-07-24

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

$1,320/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

$54,998

20% conventional investment loan

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

Estimated Gross Rent+$1,320

Principal + Interest−$1,501

Property Tax (~2.1% TX avg)−$481

Insurance (~0.5%)−$115

Est. Monthly Cash Flow $-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 →

About the Author

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 10, 2026.

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

1312 Terra St

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Round Rock, TX

More Luxury Homes in Round Rock

1312 Terra St

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Round Rock, TX

More Luxury Homes in Round Rock

Explore Austin Real Estate