Active Listing  ·  60 days on market

3433 Alexandrite Way

Round Rock, TX 78681
$800,000
4 Bed 4 Bath 3,574 sqft $224/sqft Built 2008 0.19 acres 2-Car Garage Pool Walsh Ranch Sec 03

Welcome to the lifestyle so many buyers are searching for in Walsh Ranch—top-rated schools, resort-style amenities, mature trees, and the space to truly grow into your next chapter.

Located in one of Round Rock's most sought-after communities and feeding into acclaimed Cactus Ranch Elementary, Walsh Middle School, and Round Rock High School, 3433 Alexandrite Way offers the perfect blend of comfort, convenience, and privacy. Residents enjoy pools, parks, playgrounds, trails, and community events, creating a neighborhood where life happens beyond your front door.

Backing to a greenbelt with no rear neighbors, this beautifully maintained 5-bedroom, 3.5-bath home offers 3,574 square feet designed for both everyday living and entertaining. Fresh landscaping, new sod, and mature shade trees create standout curb appeal, while the flexible floor plan adapts to your needs.

The main level features a private primary suite, formal dining room, and a versatile secondary room that can serve as a home office, den, guest room, or fifth sleeping space. At the heart of the home, the spacious kitchen offers granite countertops, stainless steel appliances, built-in oven, a gas cooktop, abundant cabinetry, and a large center island that opens seamlessly to the living area.

Upstairs, you'll find oversized secondary bedrooms with a bathroom for each, a game room, and a dedicated media room—providing plenty of space for movie nights, hobbies, gaming, fitness, or simply spreading out.

Step outside to enjoy the expansive backyard, deck, patio, and peaceful greenbelt views, creating the perfect setting for weekend barbecues, morning coffee, or relaxing evenings under the trees.

Priced competitively at $800,000, this is an exceptional opportunity to enjoy the schools, amenities, privacy, and lifestyle that have made Walsh Ranch one of Round Rock's premier communities.

At $224/sqft, this home is priced 5% above the Round Rock active market average of $214/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

3433 Alexandrite Way, Round Rock, TX 78681

Property Details

Price $800,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,574 sqft
Lot Size 0.19 acres (8,363.52 sqft)
Year Built 2008
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Walsh Ranch Sec 03
County Williamson
Zip Code 78681
$/sqft $224/sqft
Days on Market ,
HOA $120/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232504516
List Date June 16, 2026
Elementary School Cactus Ranch
Middle School Walsh
High School Round Rock
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 →

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
3527 Alexandrite Way
Walsh Ranch Sec 03
$795,000 $242 4 bd / 4 ba 3,285 sqft , 2026-06-17
8311 Lofty Ln
Stone Canyon Sec 08C
$785,000 $233 4 bd / 3 ba 3,365 sqft , 2026-06-12
1801 Sun Lake None
Tonkawa Village
$825,000 $251 4 bd / 4 ba 3,292 sqft , 2026-01-16
2909 Agave Loop
Behrens Ranch
$829,000 $218 5 bd / 4 ba 3,808 sqft , 2026-04-02
2323 Cantata Cv
Sauls Ranch East
$765,000 $268 4 bd / 3 ba 2,857 sqft , 2026-08-04

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
$3,840/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
$160,000
20% conventional investment loan

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

Estimated Gross Rent+$3,840
Principal + Interest−$4,366
Property Tax (~2.1% TX avg)−$1,400
Insurance (~0.5%)−$333
Est. Monthly Cash Flow $-2,259

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 July 12, 2026.

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