Active Listing  ·  21 days on market

3420 Settlement Dr

Round Rock, TX 78665
$289,000
3 Bed 2 Bath 1,532 sqft $189/sqft Built 1999 0.15 acres 2-Car Garage Pool Meadowlake Sec 02

New price on this well-maintained single-story home with an open floor plan and abundant natural light throughout. The kitchen features new Samsung appliances and granite countertops, with the refrigerator, washer, and dryer all conveying. New ceiling fans and designer light fixtures are found throughout, and the roof was replaced in 2023. The primary bedroom offers an ensuite bathroom and walk-in closet. Outside, mature shade trees, established landscaping, and a sprinkler system complete the property. This convenient Round Rock location offers easy access to major employers, grocery stores, RRISD schools, and I-35 and 130.

At $189/sqft, this home is 9% 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

3420 Settlement Dr, Round Rock, TX 78665

Property Details

Price $289,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,532 sqft
Lot Size 0.15 acres (6,451.24 sqft)
Year Built 1999
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Meadowlake Sec 02
County Williamson
Zip Code 78665
$/sqft $189/sqft
Days on Market ,
HOA $100/Annually
Annual Tax Est. $5,232.79
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246996241
List Date September 17, 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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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 · September 17, 2026 $299,000
Current ask $289,000
▼ Reduced $10,000 (-3.3%) 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
3651 Sandy Brook Dr #206
UNIVERSITY PARK VILLAS CONDO
$288,000 $176 3 bd / 3 ba 1,634 sqft , 2026-08-27
3923 Bonnie Ln
Stoney Brook Sec 04
$285,000 $223 3 bd / 2 ba 1,280 sqft , 2026-09-17
3700 Walleye Way
Meadow Lake Sec 03
$299,000 $248 3 bd / 2 ba 1,205 sqft , 2026-09-10
3710 Julianas Way
Laurel Ridge Sec 05
$299,900 $162 4 bd / 2 ba 1,854 sqft , 2026-09-17
1406 Pigeon View St
Indian Ridge Sec 01a
$300,000 $178 3 bd / 2 ba 1,681 sqft , 2026-09-11

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
$1,387/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
$57,800
20% conventional investment loan

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

Estimated Gross Rent+$1,387
Principal + Interest−$1,577
Property Tax (~2.1% TX avg)−$506
Insurance (~0.5%)−$120
Est. Monthly Cash Flow $-816

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 1, 2026.

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