Active Listing  ·  110 days on market

1406 Green Terrace Dr

Round Rock, TX 78664
$284,000
3 Bed 3 Bath 1,632 sqft $174/sqft Built 1993 0.11 acres 2-Car Garage Pool Greenslopes At Lakecreek Sec 10A

NEW PRICE — NOW UNDER $300K IN ROUND ROCK!

Tucked into a quiet, established Round Rock neighborhood, this well-maintained 3-bedroom home offers a functional layout built for everyday living, with generous natural light throughout the main living areas. The kitchen provides ample cabinetry and workspace, opening to a cozy dining space that handles casual meals and entertaining with equal ease. The primary suite is a private retreat with an en-suite bath, while the additional bedrooms flex easily into guest space or a home office. Out back, a spacious yard leaves plenty of room for gatherings, gardening, or relaxing under the Texas sky. Minutes from major employers, shopping, and dining, and zoned to top-rated Round Rock ISD schools — suburban quiet with quick access to everything Round Rock and greater Austin offer. Compare the price per square foot against anything nearby and come see it before the weekend does.

At $174/sqft, this home is 19% 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

1406 Green Terrace Dr, Round Rock, TX 78664

Property Details

Price $284,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,632 sqft
Lot Size 0.11 acres (4,791.6 sqft)
Year Built 1993
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Greenslopes At Lakecreek Sec 10A
County Williamson
Zip Code 78664
$/sqft $174/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $5,242.51
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT228286101
List Date May 4, 2026
Elementary School Xenia Voigt
Middle School CD Fulkes
High School Cedar Ridge
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 4, 2026 $325,000
Previous ask $299,990
Current ask $284,000
Reduced $41,000 (-12.6%) 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
1604 Southwestern Trl
Greenlawn Place
$284,000 $224 3 bd / 2 ba 1,267 sqft , 2026-07-16
711 Rolling Oak Dr #117
Turtle Creek Village
$284,900 $214 3 bd / 2 ba 1,333 sqft , 2026-04-29
1012 Monadale Trl
Turtle Creek Village Ph 01 Sec A
$289,000 $211 3 bd / 3 ba 1,372 sqft , 2026-07-08
2109 Mimosa Trl
South Creek Sec 06
$290,000 $247 3 bd / 3 ba 1,174 sqft , 2026-04-20
711 Rolling Oak Dr #123
Turtle Creek Enclave
$290,999 $201 2 bd / 2 ba 1,448 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
$1,363/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
$56,800
20% conventional investment loan

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

Estimated Gross Rent+$1,363
Principal + Interest−$1,550
Property Tax (~2.1% TX avg)−$497
Insurance (~0.5%)−$118
Est. Monthly Cash Flow $-802

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 17, 2026.

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