Active Listing  ·  35 days on market

401 Dove Creek Dr

Round Rock, TX 78664
$324,990
3 Bed 2 Bath 1,497 sqft $217/sqft Built 1977 0.23 acres 2-Car Garage Pool Dove Creek Sec 01

Welcome to this beautifully updated 3-bedroom, 2-bath home in the coveted Dove Creek neighborhood—known for its oversized lots, mature trees, and no HOA—just two minutes from vibrant Downtown Round Rock! Situated on a gorgeous lot on a quiet, tree-lined block, this home features a spacious open living and family room with no carpet / new luxury vinyl plank throughout - large bedrooms and a backyard large enough to spread out and enjoy.  Beyond several cosmetic updates, this home offers something buyers will truly appreciate: the major systems have already been addressed. Within the last 5 years, the home has received a 3-ton Lennox SEER 20 HVAC system with UV air purifier and new fan coil unit (June 2021), roof (June 2021), water heater (Feb. 2020) and most recenlty, the foundation has also undergone a complete professional inspection and repair and comes with a lifetime transferable warranty, giving buyers added confidence and peace of mind knowing these major items have already been taken care of.With no HOA, a fantastic location, major improvements already completed, and a home full of charm and character, this is your chance to own in one of Round Rock’s most beloved neighborhoods.  Priced to sell - this one won't last long!

At $217/sqft, this home is priced 4% 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

401 Dove Creek Dr, Round Rock, TX 78664

Property Details

Price $324,990
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,497 sqft
Lot Size 0.23 acres (10,123.34 sqft)
Year Built 1977
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Dove Creek Sec 01
County Williamson
Zip Code 78664
$/sqft $217/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $5,620.88
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245573146
List Date September 3, 2026
Elementary School Xenia Voigt
Middle School CD Fulkes
High School Cedar Ridge
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
1280 E Main St #502
Monarch on Main
$324,990 $173 3 bd / 3 ba 1,881 sqft , 2026-09-02
1721 Thompson Trl
Turtle Creek Village Ph 08
$325,000 $175 4 bd / 3 ba 1,862 sqft , 2026-09-12
17000 Cranston Dr
Springbrook Centre Ph A
$329,500 $211 3 bd / 2 ba 1,560 sqft , 2026-10-07
1422 Green Terrace Dr
Greenslopes At Lakecreek Sec 10A
$315,000 $194 3 bd / 3 ba 1,624 sqft , 2026-05-22
1709 Southeastern Trl
Greenlawn Place Resub
$310,000 $179 3 bd / 2 ba 1,735 sqft , 2026-09-12

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
$1,560/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
$64,998
20% conventional investment loan

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

Estimated Gross Rent+$1,560
Principal + Interest−$1,774
Property Tax (~2.1% TX avg)−$569
Insurance (~0.5%)−$135
Est. Monthly Cash Flow $-918

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 13, 2026.

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