Active Listing  ·  155 days on market

4013 Harvey Penick Dr

Round Rock, TX 78664
$717,500
4 Bed 4 Bath 3,834 sqft $187/sqft Built 2006 0.40 acres 2-Car Garage Pool Forest Creek Sec 33
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About This Home

Stunning, well-kept 4-bedroom home in the exclusive Forest Creek Golf Course community! This spacious home offers 3,834 sq ft of elegance, featuring a remodeled kitchen (2017) with granite countertops, stainless steel appliances, and a Wolf gas cooktop. The backyard is a true oasis, featuring a natural swim pond, extensive gardens, a covered patio, deck and cabana—perfect for entertaining. Additional highlights include a recently new roof, fresh paint/carpet upstairs, a dedicated front office, and a huge garage with extra space for a golf cart. Don't miss this serene, expansive property!

At $187/sqft, this home is 13% below the Round Rock active market average of $214/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

4013 Harvey Penick Dr, Round Rock, TX 78664

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Property Details

Price $717,500
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,834 sqft
Lot Size 0.40 acres (17,332.52 sqft)
Year Built 2006
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Forest Creek Sec 33
County Williamson
Zip Code 78664
$/sqft $187/sqft
Days on Market ,
HOA $650/Annually
Annual Tax Est. $14,434.91
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT223313254
List Date March 21, 2026
Elementary School Forest Creek
Middle School Ridgeview
High School Cedar Ridge
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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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · March 21, 2026 $799,000
Previous ask $739,000
Current ask $717,500
▼ Reduced $81,500 (-10.2%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
1919 Mulligan Dr
Forest Creek Sec 12 $714,900 $211 4 bd / 3 ba 3,392 sqft , 2026-05-29
207 Silver Oak Dr
Creek Estates Ph 2 $699,999 $215 5 bd / 4 ba 3,262 sqft , 2026-03-16
2041 Saint Andrews Dr
Forest Creek $742,000 $239 5 bd / 3 ba 3,104 sqft , 2026-07-02
3988 Lord Byron Cir
Forest Crk Sec 16 $679,000 $177 5 bd / 4 ba 3,826 sqft , 2026-06-29
3959 Lord Byron Cir
Forest Creek Sec 16 $675,000 $166 4 bd / 4 ba 4,062 sqft , 2026-01-08

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
$3,444/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
$143,500
20% conventional investment loan

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

Estimated Gross Rent+$3,444
Principal + Interest−$3,916
Property Tax (~2.1% TX avg)−$1,256
Insurance (~0.5%)−$299
Est. Monthly Cash Flow $-2,027

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 August 14, 2026.

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