Active Listing  ·  7 days on market

1706 Lime Rock Dr

Round Rock, TX 78681
$475,000
4 Bed 3 Bath 2,111 sqft $225/sqft Built 1978 0.25 acres 2-Car Garage Pool Cimarron Sec 02

Located in the established Cimarron community of Round Rock West, this well-maintained four-bedroom, three-bath home sits on a large quarter-acre lot with no HOA—offering extra space and flexibility that’s increasingly hard to find. The backyard is set up for relaxed outdoor living with a stock tank-style plunge pool, plus a chicken coop and enclosed pen and plenty of room for gardening, entertaining, pets, or play.

Inside, the versatile floor plan features multiple living and dining areas, providing flexibility for everyday living, working from home, and entertaining. Major improvements include a new roof, HVAC system, and water heater, all replaced in 2024, adding value and peace of mind for the next owner.

The location is especially convenient, with easy access to I-35 and SH-45, Downtown Round Rock, and a straightforward drive south to The Domain for shopping, dining, entertainment, and major employers. Parks, schools, restaurants, and everyday conveniences are also nearby, while the home remains tucked into an established neighborhood with mature trees.

With a quarter-acre lot, no HOA, unique outdoor amenities, flexible living spaces, significant recent updates, and excellent access to both Round Rock and North Austin, this home offers a great combination of space, functionality, and location.

At $225/sqft, this home is priced 8% above the Round Rock active market average of $208/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1706 Lime Rock Dr, Round Rock, TX 78681

Property Details

Price $475,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,111 sqft
Lot Size 0.25 acres (10,720.12 sqft)
Year Built 1978
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Cimarron Sec 02
County Williamson
Zip Code 78681
$/sqft $225/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,393.83
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248514038
List Date October 1, 2026
Elementary School Deep Wood
Middle School Chisholm Trail
High School Round Rock
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.

Schedule a Call →

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
1600 Wood Rock Dr
Cimarron Sec 05
$470,000 $244 3 bd / 3 ba 1,923 sqft , 2026-02-17
1702 Oakridge Dr
Cimarron Sec 04
$469,900 $194 4 bd / 3 ba 2,427 sqft , 2026-09-11
1904 Oakridge Dr
Cimarron Sec 04
$455,000 $203 3 bd / 3 ba 2,246 sqft , 2026-08-15
609 S LAKE CREEK Dr
ROUND ROCK WEST 5
$499,980 $229 3 bd / 3 ba 2,185 sqft , 2026-08-13
1601 E Messick Loop
Cimarron Sec 06
$450,000 $213 3 bd / 2 ba 2,111 sqft , 2026-09-28

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
$2,280/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
$95,000
20% conventional investment loan

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

Estimated Gross Rent+$2,280
Principal + Interest−$2,592
Property Tax (~2.1% TX avg)−$831
Insurance (~0.5%)−$198
Est. Monthly Cash Flow $-1,341

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 7, 2026.

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