Active Listing  ·  34 days on market

4513 College Square Dr

Round Rock, TX 78665
$488,990
4 Bed 3 Bath 2,201 sqft $222/sqft Built 2026 0.15 acres 2-Car Garage Pool New Construction University Heights
4513 College Square Dr, photo 1
4513 College Square Dr, photo 2

About This Home

Our top selling one story Hamilton Plan has $60,000 in upgrades. This 2201 SQFT one story with 4 bedrooms, and 3 baths features a gourmet kitchen and buffet with built-in stainless steel appliances, an upgraded 36" gas cooktop and venthood, under-cabinet lights, and a sizeable island for food prepping or entertaining, and is open to the family and dining areas. The master suite boasts a high tray ceiling and large windows. The Primary bath features a large walk-in mud set shower, double sinks with quartz countertops and a generous walk-in closet.

At $222/sqft, this home is priced 4% above the Round Rock active market average of $214/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

4513 College Square Dr, Round Rock, TX 78665

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Property Details

Price $488,990
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,201 sqft
Lot Size 0.15 acres (6,490.44 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision University Heights
County Williamson
Zip Code 78665
$/sqft $222/sqft
Days on Market ,
HOA $600/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT240549880
List Date July 20, 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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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 · July 20, 2026 $498,990
Current ask $488,990
▼ Reduced $10,000 (-2.0%) 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
4336 Contrail Ln
University Heights $490,000 $214 4 bd / 3 ba 2,288 sqft , 2026-05-06
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
$2,347/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
$97,798
20% conventional investment loan

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

Estimated Gross Rent+$2,347
Principal + Interest−$2,669
Property Tax (~2.1% TX avg)−$856
Insurance (~0.5%)−$204
Est. Monthly Cash Flow $-1,382

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 21, 2026.

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