Active Listing  ·  8 days on market

307 N Black St

Round Rock, TX 78664
$475,000
3 Bed 2 Bath 1,750 sqft $271/sqft Built 1940 0.32 acres 1-Car Garage Pool Starkfield

RARE. REMARKABLE. READY FOR YOU. This isn't a home that could be anywhere—this is Downtown Round Rock! Welcome to 307 N. Black Street, a beautifully remodeled 3-bedroom, 2-bath home where historic charm, modern style and an unbeatable location come together. Situated on an oversized double corner lot, this one-of-a-kind property greets you with a classic white picket fence, magnificent mature oak trees and the character of an historic neighborhood. Inside many thoughtful renovations have transformed the home while preserving its original charm, including fresh interior & exterior paint, refinished original red oak hardwood floors, updated fixtures, fully remodeled kitchen with granite countertops & new appliances, full bathroom remodels with stunning floor-to-ceiling tiled showers, new doors/trim/baseboards, etc. While walls of windows fill the home with natural light, creating a bright, warm and inviting atmosphere throughout. Adding even more value and versatility is a 250 sq-ft private separate-entry garage studio apartment—ideal for guests, home office, creative space or rental income. This property also features MU-L zoning, opening the door to additional possibilities for an owner or investor. Let's talk location- leave the car at home and enjoy the walkable Downtown Round Rock lifestyle with restaurants, parks, coffee shops, shopping, the library, entertainment, festivals and community events just blocks away, plus convenient access to I-35 and everything the city has become known for. This is more than a remodel. It's the opportunity to own something with history, personality, flexibility and a location that can't be duplicated. Beautifully updated without losing its soul, this rare Downtown Round Rock find is ready for its next chapter—and that chapter could be yours.

At $271/sqft, this home is priced 30% above the Round Rock active market average of $208/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

307 N Black St, Round Rock, TX 78664

Property Details

Price $475,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,750 sqft
Lot Size 0.32 acres (13,799.81 sqft)
Year Built 1940
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Starkfield
County Williamson
Zip Code 78664
$/sqft $271/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,503.35
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244923115
List Date September 30, 2026
Elementary School Claude Berkman
Middle School CD Fulkes
High School Stony Point
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
277 Pullman Ct
Depot Townhomes
$519,000 $271 3 bd / 3 ba 1,918 sqft , 2025-11-05
281 Pullman Ct
Depot Townhomes
$549,000 $287 3 bd / 3 ba 1,916 sqft , 2025-03-12
235 Watt Ct
Depot Townhomes
$399,900 $288 2 bd / 3 ba 1,389 sqft , 2026-06-12
606 E Liberty Ave
Round Rock City
$560,000 $335 3 bd / 2 ba 1,673 sqft , 2026-06-12
1981 Prairie Rock Way
Turtle Creek Village Ph 01 Sec A
$379,900 $180 3 bd / 3 ba 2,109 sqft , 2026-09-28

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
$2,280/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
$95,000
20% conventional investment loan

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

Estimated Gross Rent+$2,280
Principal + Interest−$2,592
Property Tax (~2.1% TX avg)−$831
Insurance (~0.5%)−$198
Est. Monthly Cash Flow $-1,341

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 October 6, 2026.

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