Active Listing  ·  61 days on market

4040 Cargill Dr

Round Rock, TX 78681
$468,000
4 Bed 3 Bath 2,098 sqft $223/sqft Built 1999 0.14 acres 2-Car Garage Pool Cat Hollow Sec C Ph I

Charming 4-bedroom, 2.5-bath home tucked into the established Cat Hollow community. The floor plan features abundant natural light and easy-care tile and laminate flooring throughout—no carpet! Spacious living and dining area flows into an eat-in kitchen with granite countertops, breakfast bar, and views of the large backyard. Upstairs you'll find all four bedrooms plus a generous second living area—perfect for a game room, home office, or additional gathering space. The spacious primary suite offers a private bath and large walk-in closet. Out back, enjoy one of the home's best features: a backyard that backs to a greenbelt and walking trail, providing a wonderful natural setting just beyond your fence. Conveniently located near the Cat Hollow Community Center, neighborhood amenities, shopping, dining, and highly regarded Round Rock ISD schools. A fantastic opportunity in one of the area's most established neighborhoods!

At $223/sqft, this home is priced 7% 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

4040 Cargill Dr, Round Rock, TX 78681

Property Details

Price $468,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,098 sqft
Lot Size 0.14 acres (5,924.16 sqft)
Year Built 1999
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Cat Hollow Sec C Ph I
County Williamson
Zip Code 78681
$/sqft $223/sqft
Days on Market ,
HOA $176/Annually
Annual Tax Est. $8,318.47
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242835024
List Date August 8, 2026
Elementary School Great Oaks
Middle School Cedar Valley
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.

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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 · August 8, 2026 $475,000
Current ask $468,000
▼ Reduced $7,000 (-1.5%) 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
8416 Priest River Dr
Fern Bluff Sec 02 Amd
$459,500 $196 4 bd / 3 ba 2,345 sqft , 2026-07-13
608 Spanish Oak Ter
Brushy Creek Sec 04
$489,000 $195 4 bd / 3 ba 2,509 sqft , 2026-07-31
16822 Bailey Jean Dr
Cat Hollow Sec A Ph 01
$440,000 $186 3 bd / 3 ba 2,361 sqft , 2026-09-04
8301 Mendota Cv
Woods Brushy Creek Sec 01
$435,000 $254 3 bd / 3 ba 1,714 sqft , 2026-03-28
16902 Tomcat Dr
Cat Hollow Sec 07
$429,000 $173 4 bd / 3 ba 2,476 sqft , 2026-07-15

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
$2,246/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
$93,600
20% conventional investment loan

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

Estimated Gross Rent+$2,246
Principal + Interest−$2,554
Property Tax (~2.1% TX avg)−$819
Insurance (~0.5%)−$195
Est. Monthly Cash Flow $-1,322

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 22, 2026.

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