Active Listing  ·  139 days on market

1422 Green Terrace Dr

Round Rock, TX 78664
$315,000
3 Bed 3 Bath 1,624 sqft $194/sqft Built 1993 0.09 acres 2-Car Garage Pool Greenslopes At Lakecreek Sec 10A

Situated on a spacious corner lot at the end of a quiet street with minimal through traffic, this beautifully renovated home offers an exceptional blend of privacy, comfort, and convenience. Surrounded by mature trees and enhanced by a huge backyard and covered patio, the setting feels peaceful and secluded. Inside, the thoughtfully updated interior showcases a clean, modern aesthetic filled with natural light. The main living area is bright and inviting, featuring updated flooring, fresh neutral tones, and a sleek fireplace that anchors the space while maintaining an open flow to the kitchen and dining areas. The fully renovated kitchen is designed for both everyday living and entertaining, offering extensive cabinetry, granite countertops, soft-close cabinets, stainless steel appliances, natural gas cooking, and a large center island with additional prep space and seating. The layout creates seamless connectivity between the living, dining, and kitchen spaces while still allowing each area to feel distinct and functional. Upstairs, the spacious primary suite serves as a relaxing retreat with oversized windows, a cozy reading nook, walk-in closet, and a beautifully updated ensuite bath featuring dual vanities, modern fixtures, generous storage, and a large shower/tub combination. Two additional bedrooms and a tastefully renovated full bathroom are also located upstairs, along with a conveniently placed laundry room. A downstairs powder bath offers added convenience for guests. Outdoors, the covered patio extends the living space and overlooks the expansive backyard with plenty of room for pets, play, and gardening. The oversized corner lot provides an added sense of space and privacy rarely found in the area, with miles of trail access for hiking, and biking just one block away from the front door. Roof replaced in 2022.

At $194/sqft, this home is 7% below the Round Rock active market average of $208/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1422 Green Terrace Dr, Round Rock, TX 78664

Property Details

Price $315,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,624 sqft
Lot Size 0.09 acres (3,977.03 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 $194/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $5,138.34
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229180736
List Date May 22, 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 22, 2026 $349,900
Previous ask $329,000
Current ask $315,000
▼ Reduced $34,900 (-10.0%) 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
2118 Rachel Ln
Enclave/Town Center Ph 02
$315,000 $148 4 bd / 2 ba 2,127 sqft , 2026-06-10
605 Hawthorne Ln
SOUTH CREEK SEC 6
$316,000 $205 3 bd / 2 ba 1,539 sqft , 2026-10-02
2133 Redwing Way
South Creek Sec 16 Amd
$318,900 $233 3 bd / 2 ba 1,369 sqft , 2026-06-26
2105 Town Centre Dr #44
Cottages/Round Rock Town Centr
$319,000 $194 2 bd / 3 ba 1,647 sqft , 2026-07-29
1709 Southeastern Trl
Greenlawn Place Resub
$310,000 $179 3 bd / 2 ba 1,735 sqft , 2026-09-12

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
$1,512/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
$63,000
20% conventional investment loan

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

Estimated Gross Rent+$1,512
Principal + Interest−$1,719
Property Tax (~2.1% TX avg)−$551
Insurance (~0.5%)−$131
Est. Monthly Cash Flow $-889

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 September 28, 2026.

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