About This Home

OPEN HOUSE 08/22/2026 11-2! Welcome to 1322 Terra St, Round Rock, TX! This beautifully remodeled home is move-in ready. Featuring modern updates throughout while retaining its welcoming charm, the property offers comfortable living spaces, a split floor plan with an open and inviting kitchen/living area. Conveniently located near shopping, dining, parks, and major highways, this is a wonderful opportunity to own a beautifully updated home in a desirable Round Rock neighborhood.

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At $201/sqft, this home is 6% 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

1322 Terra St, Round Rock, TX 78665

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Property Details

Price $343,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,707 sqft

Lot Size 0.16 acres (7,156.91 sqft)

Year Built 1996

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Indian Rdg Sec 01-A

County Williamson

Zip Code 78665

$/sqft $201/sqft

Days on Market ,

HOA $10/Monthly

Annual Tax Est. $5,478.65

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT241612641

List Date July 31, 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 · July 31, 2026 $345,000

Current ask $343,000

▼ Reduced $2,000 (-0.6%) 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.

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

3625 Eagles Nest St
Eagle Ridge Sec 02 Amd $339,500 $163 3 bd / 2 ba 2,085 sqft , 2026-07-02

1689 Hidden Springs Path
Teravista $349,000 $218 3 bd / 2 ba 1,604 sqft , 2026-08-06

741 Bent Wood Pl
Teravista Sec 08 $349,000 $250 3 bd / 2 ba 1,397 sqft , 2026-08-21

3917 Orion St
Indian Ridge Sec 01A $334,900 $190 3 bd / 2 ba 1,762 sqft , 2026-07-13

803 Broken Trace Ct
Teravista Sec 10A $355,000 $189 3 bd / 2 ba 1,876 sqft , 2026-08-07

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

$1,646/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

$68,600

20% conventional investment loan

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

Estimated Gross Rent+$1,646

Principal + Interest−$1,872

Property Tax (~2.1% TX avg)−$600

Insurance (~0.5%)−$143

Est. Monthly Cash Flow $-969

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 22, 2026.

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

1322 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

1322 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