Active Listing  ·  81 days on market

4312 College Square Dr

Round Rock, TX 78665
$460,841
4 Bed 3 Bath 2,138 sqft $216/sqft Built 2026 0.15 acres 2-Car Garage Pool University Heights

New Construction | 1 Story | 2,138 Sq Ft | 4 Bed | 3 Bath | 2 Car Garage | Available Fall 2026 |

The Brooks is a beautifully designed single-story home featuring 4 bedrooms, 3 bathrooms, covered outdoor living, and a 2-car garage. With its spacious layout and refined architectural details, this home blends everyday functionality with an open, welcoming feel.

A long entrance foyer sets the tone for the home’s thoughtful design. At the front of the home, Bedrooms 3 and 4 sit side by side and share a full bathroom. Across the hall, Bedroom 2 features a walk-in closet and private bathroom, making it ideal for guests or multigenerational living. A convenient drop zone at the garage entry keeps daily essentials organized.

The heart of the Brooks is the Texas-sized family room, where vaulted ceilings create a bright, airy atmosphere that flows seamlessly into the covered outdoor living area, perfect for entertaining. The open-concept kitchen overlooks the family room and features a large center island, generous cabinet and counter space, and an easy, connected layout.

Tucked at the back of the home, the primary suite offers a peaceful escape with large windows overlooking the backyard. The ensuite bathroom includes dual vanities, a spacious walk-in shower, and a large walk-in closet with direct access to the utility room.

With its flexible bedroom layout, expansive living spaces, and refined details, The Brooks delivers comfort, elegance, and functionality, all on one beautifully designed level.

At $216/sqft, this home is priced in line with the Round Rock market average of $214/sqft across 685 active listings. View Austin market report →

Location

4312 College Square Dr, Round Rock, TX 78665

Property Details

Price $460,841
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,138 sqft
Lot Size 0.15 acres (6,534 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision University Heights
County Williamson
Zip Code 78665
$/sqft $216/sqft
Days on Market ,
HOA $135/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232518684
List Date June 3, 2026
Elementary School Williams
Middle School Wagner
High School East View
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.

Schedule a Call →

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 · June 3, 2026 $493,440
Previous ask $469,440
Current ask $460,841
Reduced $32,599 (-6.6%) 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
4742 Regents Pl
University Heights
$462,356 $216 3 bd / 3 ba 2,138 sqft , 2026-05-11
4746 Regents Pl
University Heights
$466,762 $198 3 bd / 3 ba 2,358 sqft , 2026-06-03
4120 Riardo Dr
Salerno
$454,612 $182 4 bd / 4 ba 2,500 sqft , 2026-08-07
4730 Regents Pl
University Heights
$453,661 $251 3 bd / 2 ba 1,807 sqft , 2026-08-21
4630 Teverola Dr
Salerno Ph 8
$469,000 $172 4 bd / 4 ba 2,724 sqft , 2026-06-11

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
$2,212/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
$92,168
20% conventional investment loan

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

Estimated Gross Rent+$2,212
Principal + Interest−$2,515
Property Tax (~2.1% TX avg)−$806
Insurance (~0.5%)−$192
Est. Monthly Cash Flow $-1,301

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 20, 2026.

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