Active Listing  ·  36 days on market

4507 Cervinia Dr

Round Rock, TX 78665
$499,900
4 Bed 3 Bath 2,844 sqft $176/sqft Built 2008 0.20 acres 2-Car Garage Pool Teravista

Welcome to golf course living in highly sought after Teravista! Perfectly positioned along the fairway, this spacious 4-bedroom, 2.5-bath home offers beautiful golf course views, a large backyard, and a versatile floor plan designed for both everyday living and entertaining.

Step inside to a freshly painted interior featuring a dedicated home office, formal dining area, and spacious living room centered around a fireplace. The bright breakfast area opens to the covered back patio, creating the perfect setting for morning coffee, entertaining, or simply relaxing and enjoying the peaceful fairway views. All four bedrooms are conveniently located on the main level, while upstairs you’ll find a large bonus room with a half bathh - ideal for a game room, media room, or second living area.

Recent improvements include a new roof in 2024, fresh interior paint completed in June 2026, a new Frigidaire built-in wall oven/microwave, and comprehensive HVAC maintenance and air-handler restoration completed in 2026.

Outside, the spacious backyard offers plenty of room to create your own outdoor retreat or future pool while taking advantage of the golf course setting. Enjoy all that Teravista has to offer, plus a convenient Round Rock location just minutes from Old Settlers Park, Dell Diamond, Kalahari Resort, shopping, dining, recreation, and entertainment.

At $176/sqft, this home is 16% below the Round Rock active market average of $209/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

4507 Cervinia Dr, Round Rock, TX 78665

Property Details

Price $499,900
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,844 sqft
Lot Size 0.20 acres (8,829.61 sqft)
Year Built 2008
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Teravista
County Williamson
Zip Code 78665
$/sqft $176/sqft
Days on Market ,
HOA $100/Monthly
Annual Tax Est. $11,155.74
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244530377
List Date August 27, 2026
Elementary School Union Hill
Middle School Hopewell
High School Stony Point
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 · August 27, 2026 $514,900
Current ask $499,900
▼ Reduced $15,000 (-2.9%) 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
701 Green Vista Ct
Teravista Sec 09
$499,999 $189 4 bd / 3 ba 2,643 sqft , 2026-06-18
1217 Daylily Loop
Teravista Sec 322a Ph 2
$499,000 $166 4 bd / 4 ba 3,008 sqft , 2026-08-14
2102 Reston Cv
Teravista Sec 22
$495,000 $169 4 bd / 4 ba 2,934 sqft , 2026-09-26
4316 Promontory Point Trl
Vista Vera
$494,788 $169 4 bd / 4 ba 2,921 sqft , 2026-10-01
808 Bent Wood Pl
Teravista Sec 08
$485,000 $164 4 bd / 3 ba 2,957 sqft , 2026-05-14

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
$2,400/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
$99,980
20% conventional investment loan

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

Estimated Gross Rent+$2,400
Principal + Interest−$2,728
Property Tax (~2.1% TX avg)−$875
Insurance (~0.5%)−$208
Est. Monthly Cash Flow $-1,411

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 29, 2026.

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