Active Listing  ·  145 days on market

2616 Henley Dr

Round Rock, TX 78681
$649,000
5 Bed 4 Bath 4,000 sqft $162/sqft Built 1999 0.21 acres 3-Car Garage Pool Wood Glen Sec 03

Beautifully maintained by the original owner, this spacious 5-bedroom home offers 4,000 square feet of versatile living space on a generous .21-acre lot, complete with a 3-car garage and a low 1.7% tax rate. Competitively priced and offering exceptional value for the size and location, this home presents an incredible opportunity to make it your own!

Designed for both comfort and flexibility, the thoughtfully laid-out floor plan features two expansive living areas, one upstairs and one downstairs. Two primary suites downstairs and three bedrooms and a workout room upstairs, this home is perfect for anyone who loves to entertain or wants plenty of room for everyone to spread out and enjoy!

Ideally located directly across from sought-after Old Town Elementary and zoned to Round Rock High School, convenience is at your doorstep. Residents also enjoy access to community amenities including a large pool, park, and scenic walking trails.

A rare chance to own a spacious home in an unbeatable location with room to grow, entertain, and create lasting memories!

At $162/sqft, this home is 24% 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

2616 Henley Dr, Round Rock, TX 78681

Property Details

Price $649,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths ,
Living Area 4,000 sqft
Lot Size 0.21 acres (9,151.96 sqft)
Year Built 1999
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Wood Glen Sec 03
County Williamson
Zip Code 78681
$/sqft $162/sqft
Days on Market ,
HOA $250/Annually
Annual Tax Est. $12,825.78
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT222726486
List Date March 23, 2026
Elementary School Old Town
Middle School Walsh
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.

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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
2659 Salorn Way
Behrens Ranch
$635,000 $238 4 bd / 3 ba 2,668 sqft , 2026-08-05
2023 Wood Glen Dr
Wood Glen Sec 01 Ph 01-A Amd
$632,000 $197 4 bd / 3 ba 3,214 sqft , 2026-03-26
2544 Salorn Way
Avery Ranch Far West Ph Sec 01
$632,000 $199 5 bd / 3 ba 3,175 sqft , 2026-07-17
3068 Bent Tree Loop
Bent Tree Sec 03
$625,000 $209 4 bd / 3 ba 2,993 sqft , 2026-07-12
3013 Agave Loop
Behrens Ranch Ph D Sec 04
$679,000 $208 5 bd / 4 ba 3,260 sqft , 2026-04-30

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
$3,115/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
$129,800
20% conventional investment loan

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

Estimated Gross Rent+$3,115
Principal + Interest−$3,542
Property Tax (~2.1% TX avg)−$1,136
Insurance (~0.5%)−$270
Est. Monthly Cash Flow $-1,833

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 July 28, 2026.

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