Active Listing  ·  529 days on market

281 Pullman Ct

Round Rock, TX 78664
$549,000
3 Bed 3 Bath 1,916 sqft $287/sqft Built 2024 0.03 acres 2-Car Garage Pool New Construction Depot Townhomes

*Ask about our current promotions* Wonderful opportunity in the heart of Round Rock, just completed new construction 2 blocks from Main Street! This sleek and stylish 3 bed/2.5 bath end unit townhome is truly urban living at its finest and was thoughtfully designed to be a perfect mix of traditional and modern. Step inside to discover a thoughtfully designed interior with beautiful finishes and soaring 12-foot ceilings that create an open and inviting atmosphere. Large windows flood the space with natural light, complemented by recessed lighting throughout. The gourmet kitchen is equipped with top-of-the-line Bosch appliances and opens to the living space. The second floor hosts the kitchen and living area, making it an ideal space for entertaining or relaxing. The luxurious primary suite occupies the entire third floor, offering a private retreat with ample space. The fourth floor features two additional bedrooms and a spacious uncovered roof deck, perfect for enjoying the outdoors or hosting gatherings. This home also includes a two-car garage and low-maintenance landscaping, ensuring convenience and ease of living. 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 the water & trash bill. New home warranty included. There is nothing like this on the market, must see this gem!

At $287/sqft, this home is priced 34% 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

281 Pullman Ct, Round Rock, TX 78664

Property Details

Price $549,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,916 sqft
Lot Size 0.03 acres (1,149.98 sqft)
Year Built 2024
Garage 2 spaces
Stories ,
Type Residential · Townhouse
Subdivision Depot Townhomes
County Williamson
Zip Code 78664
$/sqft $287/sqft
Days on Market ,
HOA $220/Monthly
Annual Tax Est. $3,078.02
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT191907460
List Date March 12, 2025
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 →

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 · March 12, 2025 $599,900
Previous ask $575,000
Current ask $549,000
Reduced $50,900 (-8.5%) 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
606 E Liberty Ave
Round Rock City
$560,000 $335 3 bd / 2 ba 1,673 sqft , 2026-06-12
277 Pullman Ct
Depot Townhomes
$519,000 $271 3 bd / 3 ba 1,918 sqft , 2025-11-05
710 E Austin Ave
Starkfield
$500,000 $342 2 bd / 1 ba 1,460 sqft , 2026-08-06
909 E Liberty Ave
Nelson Add
$469,000 $359 3 bd / 1 ba 1,308 sqft , 2026-08-16
235 Watt Ct
Depot Townhomes
$399,900 $288 2 bd / 3 ba 1,389 sqft , 2026-06-12

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
$2,635/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
$109,800
20% conventional investment loan

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

Estimated Gross Rent+$2,635
Principal + Interest−$2,996
Property Tax (~2.1% TX avg)−$961
Insurance (~0.5%)−$229
Est. Monthly Cash Flow $-1,551

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 →