Active Listing  ·  5 days on market

3319 Settlement Dr

Round Rock, TX 78665
$259,000
3 Bed 2 Bath 1,390 sqft $186/sqft Built 1997 0.14 acres 2-Car Garage Pool Meadow Lake Sec 01a Amd

One story home with oversized patio, private backyard, open living + fireplace, only 1/2 a mile (approx. 10-minute walk) to Meadow Lake Park, a 77-acre park that sits along the reservoir and includes a pier extending over the water, trails, horseshoe pits, picnic tables, BBQ areas, and more. 3 beds, 2 baths, 2 car garage. The kitchen opens to the family room and features a breakfast bar and breakfast area, creating an easy flow for everyday living and entertaining. A fireplace anchors the family room. Outside, the large backyard patio offers room for outdoor dining. Round Rock ISD!

At $186/sqft, this home is 11% below the Round Rock active market average of $208/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

3319 Settlement Dr, Round Rock, TX 78665

Property Details

Price $259,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,390 sqft
Lot Size 0.14 acres (6,141.96 sqft)
Year Built 1997
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Meadow Lake Sec 01a Amd
County Williamson
Zip Code 78665
$/sqft $186/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248295516
List Date October 3, 2026
Elementary School Union Hill
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.

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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
1025 Mohican None
Eagle Rdg Sec 06
$269,900 $223 3 bd / 2 ba 1,212 sqft , 2026-07-06
1347 Lakeside Loop
Meadow Lake Sec 01-B Rev
$275,000 $156 3 bd / 3 ba 1,761 sqft , 2026-07-24
3923 Bonnie Ln
Stoney Brook Sec 04
$285,000 $223 3 bd / 2 ba 1,280 sqft , 2026-09-17
3651 Sandy Brook Dr #206
UNIVERSITY PARK VILLAS CONDO
$288,000 $176 3 bd / 3 ba 1,634 sqft , 2026-08-27
3420 Settlement Dr
Meadowlake Sec 02
$289,000 $189 3 bd / 2 ba 1,532 sqft , 2026-09-17

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
$1,243/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
$51,800
20% conventional investment loan

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

Estimated Gross Rent+$1,243
Principal + Interest−$1,413
Property Tax (~2.1% TX avg)−$453
Insurance (~0.5%)−$108
Est. Monthly Cash Flow $-731

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 7, 2026.

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