About This Home

From IH 35, take 1431(University Drive) heading east for 5 miles, neighborhood will be on your left. From TX-130 exit University Blvd. and travel West. University Heights will be on your right.

At $214/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

4336 Contrail Ln, Round Rock, TX 78665

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Property Details

Price $490,000

Status Active Listing

Beds 4

Full Baths 3

Half Baths ,

Living Area 2,288 sqft

Lot Size 0.12 acres (5,227.2 sqft)

Year Built 2024

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision University Heights

County Williamson

Zip Code 78665

$/sqft $214/sqft

Days on Market ,

HOA $540/Annually

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT226558593

List Date May 6, 2026

Elementary School Williams

Middle School Wagner

High School East View

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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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

4513 College Square Dr
University Heights $488,990 $222 4 bd / 3 ba 2,201 sqft , 2026-07-20

4304 College Square Dr
University Heights $499,905 $191 4 bd / 3 ba 2,617 sqft , 2026-05-11

4733 Regents Pl
University Heights $502,651 $178 4 bd / 3 ba 2,827 sqft , 2026-05-22

4501 College Square Dr
University Heights $504,990 $223 4 bd / 3 ba 2,261 sqft , 2026-07-30

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

$2,352/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

$98,000

20% conventional investment loan

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

Estimated Gross Rent+$2,352

Principal + Interest−$2,674

Property Tax (~2.1% TX avg)−$858

Insurance (~0.5%)−$204

Est. Monthly Cash Flow $-1,384

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

About the Author

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 July 8, 2026.

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

4336 Contrail Ln

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Round Rock, TX

More Luxury Homes in Round Rock

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