About This Home

Enjoy life in the sought-after Preserve at Dyer Creek, where beautiful greenbelts, walking trails, parks, and playgrounds create a true neighborhood feel. Conveniently located near SH 45, IH-35, and major employers including Dell, Apple, Samsung, and Tesla, this home also offers quick access to Round Rock Premium Outlets, IKEA, Costco, H-E-B, shopping, dining, and entertainment. Served by highly rated Round Rock ISD schools, this location combines a peaceful residential setting with unbeatable convenience for commuting, recreation, and everyday living.

At $177/sqft, this home is 17% below the Round Rock active market average of $213/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

3638 Spring Canyon Trl, Round Rock, TX 78681

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Property Details

Price $359,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths 1

Living Area 2,024 sqft

Lot Size 0.17 acres (7,244.03 sqft)

Year Built 2003

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Preserve At Stone Oak Ph 3 Sec 3

County Williamson

Zip Code 78681

$/sqft $177/sqft

Days on Market ,

HOA $36/Monthly

Annual Tax Est. $6,722.86

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT240814915

List Date July 23, 2026

Elementary School Chandler Oaks

Middle School Walsh

High School Stony Point

School District ,

Have Questions About This Property?

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

3805 Wales Ct
Gardens/Mayfield Condos $360,000 $226 3 bd / 2 ba 1,593 sqft , 2026-06-06

3904 TAPADO CANYON Trl
Preserve At Stone Oak Ph 03 Sec 04 Rep $360,000 $215 4 bd / 2 ba 1,671 sqft , 2026-07-12

3451 Mayfield Ranch Blvd #216
Preserve/Mayfield Ranch $355,000 $237 3 bd / 2 ba 1,498 sqft , 2026-03-02

3451 Mayfield Ranch Blvd #268
The Preserve at Mayfield Ranch $355,000 $244 3 bd / 2 ba 1,456 sqft , 2025-08-22

3451 Mayfield Ranch Blvd #201
Perserve at Mayfield Ranch $364,500 $254 3 bd / 2 ba 1,435 sqft , 2026-05-14

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

$1,723/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

$71,800

20% conventional investment loan

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

Estimated Gross Rent+$1,723

Principal + Interest−$1,959

Property Tax (~2.1% TX avg)−$628

Insurance (~0.5%)−$150

Est. Monthly Cash Flow $-1,014

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 →

About the Author

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 25, 2026.

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

3638 Spring Canyon Trl

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Round Rock, TX

More Luxury Homes in Round Rock

3638 Spring Canyon Trl

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Round Rock, TX

More Luxury Homes in Round Rock

Explore Austin Real Estate