Active Listing  ·  48 days on market

3543 Alexandrite Way

Round Rock, TX 78681
$794,500
4 Bed 4 Bath 3,413 sqft $233/sqft Built 2008 0.18 acres 2.5-Car Garage Pool Walsh Ranch Sec 03

Exceptional Executive living in Walsh Ranch, a highly regarded RR community offering an established neighborhood setting, convenient amenities and access to Cactus Ranch Elem, Walsh Middle School. This home represents luxurious living, presenting an amazing Highland Homes build, crafted with top tier materials, a versatile floor plan for both everyday living & sophisticated entertaining. A soaring entry foyer welcomes one with immediate sense of scale & elegance. Rich hardwood floors give the dining room a warm polished feel, perfect for intimate dinners while a private study, enclosed by French doors, offers a quiet workspace overlooking a treed yard. An expansive great room, designed for both comfort & connection, centered around a welcoming fireplace & enhanced by a wall of windows that fills the space with natural light. Adjoining kitchen combines style & function with granite countertops, large center island, pantry, butler's pantry, gas cooktop, double ovens & abundant space. The open arrangement creates an effortless flow between the kitchen, breakfast area & great room-ideal for everyday living & entertaining. The main-level primary suite provides a private retreat, complemented by an ensuite bath featuring dual vanities, jetted tub, glass-enclosed shower & spacious walk-in closet. Three additional bedrooms up- one with own bath & two sharing a jack & jill bath. The upstairs game room offers ample space for pool table. game table, or TV, in addition to a media room: for movie nights & at home entertainment. Another distinctive feature: approx. 600 sq ft finished garage with a full wall of cabinetry providing extensive storage and workspace. Ideally situated in Round Rock with convenient access to shopping, dining, recreation & major thoroughfares. Sophisticated yet comfortable, thoughtfully designed & exceptionally versatile. This Walsh Ranch residence delivers an elevated approach to everyday living with space & flexibility today's discerning buyer seeks.

At $233/sqft, this home is priced 12% 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

3543 Alexandrite Way, Round Rock, TX 78681

Property Details

Price $794,500
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,413 sqft
Lot Size 0.18 acres (7,801.6 sqft)
Year Built 2008
Garage 2.5 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Walsh Ranch Sec 03
County Williamson
Zip Code 78681
$/sqft $233/sqft
Days on Market ,
HOA $580/Annually
Annual Tax Est. $16,801.78
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243879542
List Date August 21, 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
6003 Spindletop Ter
Stone Canyon
$798,500 $227 5 bd / 3 ba 3,516 sqft , 2026-09-03
3433 Alexandrite Way
Walsh Ranch Sec 03
$799,999 $224 4 bd / 4 ba 3,574 sqft , 2026-06-16
3527 Alexandrite Way
Walsh Ranch Sec 03
$775,000 $236 4 bd / 4 ba 3,285 sqft , 2026-06-17
1314 Cardinal Ln
Sauls Ranch East
$770,000 $268 4 bd / 5 ba 2,875 sqft , 2026-09-03
2704 Covington Pl
Behrens Ranch Ph D Sec 02
$820,000 $189 5 bd / 5 ba 4,346 sqft , 2026-09-04

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
$3,814/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
$158,900
20% conventional investment loan

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

Estimated Gross Rent+$3,814
Principal + Interest−$4,336
Property Tax (~2.1% TX avg)−$1,390
Insurance (~0.5%)−$331
Est. Monthly Cash Flow $-2,243

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

More Luxury Homes in Round Rock

Loading…
View All Luxury Homes →
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 24, 2026.

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