Active Listing  ·  72 days on market

17301 Guana Cay Dr

Round Rock, TX 78664
$499,900
4 Bed 3 Bath 2,950 sqft $169/sqft Built 1999 0.26 acres 2-Car Garage Pool Cambridge Heights Ph C Sec 1r

Embrace resort-style living in this unique Cambridge Heights home that has so much to offer, including a sparkling pool with waterfall and grotto, theater room, large flex space, and multiple living areas. Situated on a premium oversized lot, this property blends everyday comfort with exceptional spaces for entertaining, relaxing, and flexible living. Upon entry, you’re welcomed by a high ceilings & a formal living and dining area that sets a refined and inviting tone. The spacious kitchen features laminate countertops, an island with bar seating, stained wood cabinetry with pull-out drawers, stainless steel appliances, a pantry, & an open flow to the breakfast nook & family room. Off the family room, you’ll find two versatile spaces: a sunroom perfect as a plant haven, pet retreat, or cozy reading nook, and a large, dedicated media, theater, or gaming room with two-level seating, a 120” screen, high-end surround sound system (8 speakers), professional sound-dampening panels, media shelf units, and a projector—all included! Upstairs, all four bedrooms are thoughtfully placed. The spacious primary suite offers an ensuite bath with a dual vanity, soaking tub, frameless glass shower, and a large walk-in closet that leads to an expansive flex space with endless possibilities. Three additional bedrooms offer even more flexibility, each with its own closet, and share a full bath. Step outside to your private backyard paradise, surrounded by trees and designed for true relaxation and entertainment. The large freeform gunite swimming pool features multiple seating areas—including a spot behind the waterfall. Enjoy and relax at the covered patio, extended patio, & firepit area. A shed protects the pool equipment while offering extra storage for outdoor gear. Residents enjoy neighborhood amenities including a pool, park, playground, and scenic trails, along with convenient access to shopping, dining, recreation, and major roadways including Toll 45, 130, Mopac, and I-35.

At $169/sqft, this home is 21% 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

17301 Guana Cay Dr, Round Rock, TX 78664

Property Details

Price $499,900
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,950 sqft
Lot Size 0.26 acres (11,164.43 sqft)
Year Built 1999
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Cambridge Heights Ph C Sec 1r
County Travis
Zip Code 78664
$/sqft $169/sqft
Days on Market ,
HOA $30/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT235493948
List Date June 11, 2026
Elementary School Caldwell
Middle School Pflugerville
High School Pflugerville
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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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
920 Autumn Sage Way
Spring Trails Ph 6
$499,999 $158 5 bd / 4 ba 3,166 sqft , 2025-06-26
1116 Canyon Maple Rd
Swenson Farm Single Family Ph
$499,000 $159 4 bd / 4 ba 3,134 sqft , 2026-08-18
17512 Torneo Dr
Cielo West City Homes
$489,990 $215 3 bd / 3 ba 2,278 sqft , 2026-05-06
17412 Torneo Dr
Cielo West City Homes
$512,990 $225 3 bd / 3 ba 2,278 sqft , 2026-05-08
17309 Headstock Rd #251
Greenlawn Village Condominiums
$485,000 $195 4 bd / 3 ba 2,491 sqft , 2026-07-20

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
$2,400/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
$99,980
20% conventional investment loan

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

Estimated Gross Rent+$2,400
Principal + Interest−$2,728
Property Tax (~2.1% TX avg)−$875
Insurance (~0.5%)−$208
Est. Monthly Cash Flow $-1,411

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 June 20, 2026.

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