About This Home

Welcome to this inviting 3-bedroom, 2-bath condo featuring a blend of tile and carpet flooring for comfort and style. Perfectly situated near I-45 and I-35, this home offers easy access to top restaurants, shopping, and entertainment. Nestled in a wonderful community, it’s the ideal place to enjoy convenience, comfort, and a vibrant lifestyle. Owner may finance.

At $164/sqft, this home is 23% 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

2880 Donnell Dr #702, Round Rock, TX 78664

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Property Details

Price $284,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths 1

Living Area 1,727 sqft

Lot Size 0.03 acres (1,350.36 sqft)

Year Built 2017

Garage 2 spaces

Stories ,

Type Residential · Condominium

Subdivision Donnell Parke Condos Bldg 7

County Williamson

Zip Code 78664

$/sqft $164/sqft

Days on Market ,

HOA $275/Monthly

Annual Tax Est. $5,316.54

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT212340478

List Date November 25, 2025

Elementary School Gattis

Middle School Ridgeview

High School Cedar Ridge

School District ,

Have Questions About This Property?

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

2880 Donnell Dr #2203
DONNELL PARKE CONDOMINIUM HOMES $284,700 $156 3 bd / 3 ba 1,825 sqft , 2025-10-21

2880 Donnell Dr #1802
DONNELL PARKE CONDOS $279,900 $162 3 bd / 3 ba 1,727 sqft , 2026-07-12

18909 Schultz Ln #1303
Center 45 Condos $299,995 $158 4 bd / 3 ba 1,901 sqft , 2026-06-11

301 Cane River Rd
Highland Park Ph C Sec 1 $299,999 $232 3 bd / 2 ba 1,292 sqft , 2026-07-21

708 Timothy John Dr
Royal Pointe Sec 01 $307,000 $167 4 bd / 2 ba 1,834 sqft , 2026-06-26

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

$1,363/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

$56,800

20% conventional investment loan

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

Estimated Gross Rent+$1,363

Principal + Interest−$1,550

Property Tax (~2.1% TX avg)−$497

Insurance (~0.5%)−$118

Est. Monthly Cash Flow $-802

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

About the Author

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 6, 2026.

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

2880 Donnell Dr #702

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Round Rock, TX

More Luxury Homes in Round Rock

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