Active Listing  ·  28 days on market

3700 Walleye Way

Round Rock, TX 78665
$299,000
3 Bed 2 Bath 1,205 sqft $248/sqft Built 1994 0.15 acres 2-Car Garage Pool Meadow Lake Sec 03

Great move-in-ready opportunity in Round Rock, priced under $300k and offering the ideal combination of thoughtful updates, a functional layout, a quiet street, and no HOA! Located in the desirable Meadow Lake community, this nicely updated home features an open floorplan with no carpet that creates an inviting flow between the living, dining, and kitchen spaces, making everyday living and entertaining easy. The floorplan is both comfortable and practical, with plenty of natural functionality throughout. Guest rooms are on one side of the home and primary is on the other, offering privacy. The home has new paint, updated kitchen & bathrooms, new interior doors, new ceiling fans, and a 2019 roof. Outside, the backyard offers a good-sized space to relax, entertain, or enjoy some time outdoors. One of the standout features of this home is its incredibly convenient location—you can walk to the elementary school, nearby lake, park, and playground, making it especially convenient for enjoying the neighborhood amenities. You'll also have easy access to HEB-Plus, I-35, Round Rock Premium Outlets, and so much more. With its turnkey condition, appealing updates, open layout, and rare no-HOA setup, this Meadow Lake home is a fantastic opportunity at a solid price point.

At $248/sqft, this home is priced 19% 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

3700 Walleye Way, Round Rock, TX 78665

Property Details

Price $299,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,205 sqft
Lot Size 0.15 acres (6,608.05 sqft)
Year Built 1994
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Meadow Lake Sec 03
County Williamson
Zip Code 78665
$/sqft $248/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $5,269.83
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245714332
List Date September 10, 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
3144 Settlement Dr
Meadow Lake Sec 06
$305,000 $215 3 bd / 2 ba 1,418 sqft , 2026-09-01
3420 Settlement Dr
Meadowlake Sec 02
$289,000 $189 3 bd / 2 ba 1,532 sqft , 2026-09-17
3210 Settlement Dr
Meadow Lake
$310,000 $207 3 bd / 2 ba 1,500 sqft , 2026-08-17
3923 Bonnie Ln
Stoney Brook Sec 04
$285,000 $223 3 bd / 2 ba 1,280 sqft , 2026-09-17
1025 Mohican None
Eagle Rdg Sec 06
$269,900 $223 3 bd / 2 ba 1,212 sqft , 2026-07-06

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
$1,435/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
$59,800
20% conventional investment loan

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

Estimated Gross Rent+$1,435
Principal + Interest−$1,632
Property Tax (~2.1% TX avg)−$523
Insurance (~0.5%)−$125
Est. Monthly Cash Flow $-845

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 September 12, 2026.

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