Active Listing  ·  28 days on market

1606 Academy Pl

Round Rock, TX 78664
$349,900
3 Bed 3 Bath 1,998 sqft $175/sqft Built 1997 0.15 acres 2-Car Garage Pool Remington Heights Ph 01 Sec A

Light, bright and spacious, this nearly 2,000 sq ft Round Rock home offers 3 bedrooms, 2.5 baths and a flexible two story layout with the primary suite conveniently located downstairs. Soaring ceilings, abundant windows and natural light give the main living areas an open, airy feel. The first floor features generous living and dining spaces, a spacious kitchen with updated white cabinetry, and a sunny breakfast area that can easily double as a home office, coffee room or additional gathering space. The downstairs primary suite includes a large bath with walk in shower and walk in closet, while a separate powder bath is perfect for guests. Upstairs, a second living area provides even more flexibility for a game room, media space, office or guest area, along with two additional bedrooms and a shared bath. Outside, the spacious backyard offers plenty of room for entertaining, grilling and play.

Located in highly sought after Round Rock ISD, this home puts everyday convenience within easy reach. HEB, Starbucks, shopping, dining and services are nearby, with quick access to I 35 and SH 45 for an easy commute throughout Round Rock and North Austin. Downtown Round Rock, Lake Pflugerville, The Domain, Q2 Stadium, Costco, major employers and countless shopping and dining destinations are all easily accessible. Recent updates and maintenance include a newer water heater, updated toilets, refreshed kitchen cabinetry, serviced HVAC and garage door improvements. A fantastic combination of space, flexibility and location in the heart of Round Rock.

At $175/sqft, this home is 16% 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

1606 Academy Pl, Round Rock, TX 78664

Property Details

Price $349,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,998 sqft
Lot Size 0.15 acres (6,634.19 sqft)
Year Built 1997
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Remington Heights Ph 01 Sec A
County Williamson
Zip Code 78664
$/sqft $175/sqft
Days on Market ,
HOA $120/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244759881
List Date September 10, 2026
Elementary School Callison
Middle School CD Fulkes
High School Stony Point
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 · September 10, 2026 $359,900
Current ask $349,900
▼ Reduced $10,000 (-2.8%) 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
17900 Quitman Mountain Way
Cambridge Heights
$345,000 $166 4 bd / 3 ba 2,075 sqft , 2026-06-18
1701 Greenlawn Blvd
Greenlawn Place
$340,000 $248 3 bd / 3 ba 1,370 sqft , 2026-09-05
2008 Fretboard St
GREENLAWN VILLAGE CONDOMINIUMS
$340,000 $215 3 bd / 2 ba 1,583 sqft , 2026-10-02
17411 Valentine Dr
Cambridge Heights Ph B Sec 04
$339,900 $246 3 bd / 3 ba 1,380 sqft , 2026-08-14
2006 Fretboard St
Greenlawn Village
$359,900 $171 3 bd / 3 ba 2,101 sqft , 2026-09-11

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
$1,680/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
$69,980
20% conventional investment loan

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

Estimated Gross Rent+$1,680
Principal + Interest−$1,910
Property Tax (~2.1% TX avg)−$612
Insurance (~0.5%)−$146
Est. Monthly Cash Flow $-988

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 October 5, 2026.

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