Active Listing  ·  43 days on market

31 Fairview Dr

Round Rock, TX 78665
$649,000
3 Bed 3 Bath 2,162 sqft $300/sqft Built 1984 1.00 acres 2-Car Garage Pool Saddlebrook Estates Sec 1

Welcome to 31 Fairview, a unique property offering the space and freedom of country living while keeping you close to everything Round Rock has to offer! Situated just outside the Round Rock city limits, minutes from The Dell Diamond, Kalahari Waterpark and Old Settlers Park, this home sits on 1 acre, and delivers a hard to find combination of land, generous living space, and convenient access to town.

Inside, you’ll find an inviting floor plan with multiple living and gathering spaces, including a spacious main living room highlighted by a vaulted ceiling, beautiful wooden beams, and a wood burning fireplace. Abundant windows bring in natural light and provide views of the property. The kitchen offers extensive cabinetry, granite countertops, and plenty of workspace, opening conveniently to the dining and living areas.

The flexible two-story layout provides three bedrooms plus a large upstairs sitting room, giving you options for a second living area, game room, home office, or additional flex space. Multiple bathrooms and an oversized primary suite add to the home’s functionality.

Outside is where this property really separates itself. With approximately 1 full acre just outside the city limits, there’s room to spread out, build a shop, operate a home business, entertain, garden, create outdoor living areas, or simply enjoy having space between you and your neighbors.

31 Fairview offers the increasingly rare opportunity to enjoy acreage and character without giving up the convenience of Round Rock.

At $300/sqft, this home is priced 44% 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

31 Fairview Dr, Round Rock, TX 78665

Property Details

Price $649,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 2,162 sqft
Lot Size 1.00 acres (43,560 sqft)
Year Built 1984
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Saddlebrook Estates Sec 1
County Williamson
Zip Code 78665
$/sqft $300/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,261.34
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244644949
List Date August 26, 2026
Elementary School Caldwell Heights
Middle School Hopewell
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.

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 · August 26, 2026 $669,000
Current ask $649,000
▼ Reduced $20,000 (-3.0%) 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
2713 Santa Rosita Ct
Paloma Lake Sec 9
$588,000 $211 4 bd / 3 ba 2,785 sqft , 2026-08-30
2427 Ekvall Dr
Avery Centre
$499,990 $196 4 bd / 3 ba 2,557 sqft , 2026-09-16
2772 Santa Ana Ln
Paloma Lake
$460,000 $191 4 bd / 2 ba 2,407 sqft , 2026-09-24
2749 Santa Ana Ln
Paloma Lake Sec 5
$430,000 $186 4 bd / 2 ba 2,313 sqft , 2026-08-27

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 September 30, 2026.

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