Active Listing  ·  71 days on market

235 Watt Ct

Round Rock, TX 78664
$399,900
2 Bed 3 Bath 1,389 sqft $288/sqft Built 2026 0.02 acres 2-Car Garage Pool New Construction Depot Townhomes

*Ask about our summer promo!* Wonderful opportunity in the heart of Downtown Round Rock, STR allowed, new construction 2 blocks from Main Street. This sleek two-bedroom/2.5 bath townhome is truly urban living at its finest and was thoughtfully designed to be a perfect mix of traditional and modern. Home features beautiful finishes throughout, soaring 12-ft ceilings, large windows that enhance the natural light, recessed lighting, Bosch appliances, a two-car garage & low-maintenance landscaping to boot. On the first floor you'll find a spacious entryway that can be used as a sitting space, office nook, exercise area + more. You will find the well-laid out kitchen and living space on the second floor. Both en-suite bedrooms are situated on the third floor, the luxurious primary suite boasts a spacious walk-in shower and dual vanities. Enjoy the walkability of this amazing location just steps from Downtown - great coffee shops, restaurants, bars, parks are all just steps from your front door. HOA includes landscaping, water & trash bill. New home warranty included. There is nothing like this on the market, must see this gem!

At $288/sqft, this home is priced 35% above the Round Rock active market average of $214/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

235 Watt Ct, Round Rock, TX 78664

Property Details

Price $399,900
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,389 sqft
Lot Size 0.02 acres (1,001.88 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Townhouse
Subdivision Depot Townhomes
County Williamson
Zip Code 78664
$/sqft $288/sqft
Days on Market ,
HOA $220/Monthly
Annual Tax Est. $5,437.99
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT236091360
List Date June 12, 2026
Elementary School Claude Berkman
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.

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
410 E Milam Ave
Washington Anderson Add
$355,000 $267 2 bd / 2 ba 1,328 sqft , 2026-03-04
607 Garden Path Cv
Greenslopes At Lakecreek Sec 05A
$349,000 $314 3 bd / 2 ba 1,112 sqft , 2026-06-09
407 Buckboard Blvd
Chisholm Valley Sec 05
$345,000 $298 3 bd / 2 ba 1,157 sqft , 2026-06-23
1422 Green Terrace Dr
Greenslopes At Lakecreek Sec 10A
$334,000 $206 3 bd / 3 ba 1,624 sqft , 2026-05-22
909 E Liberty Ave
Nelson Add
$469,000 $359 3 bd / 1 ba 1,308 sqft , 2026-08-16

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
$1,920/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
$79,980
20% conventional investment loan

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

Estimated Gross Rent+$1,920
Principal + Interest−$2,182
Property Tax (~2.1% TX avg)−$700
Insurance (~0.5%)−$167
Est. Monthly Cash Flow $-1,129

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 22, 2026.

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