Active Listing  ·  24 days on market

4721 Pleasant Place Pl

Round Rock, TX 78665
$539,990
5 Bed 4 Bath 2,889 sqft $187/sqft Built 2026 0.12 acres 2-Car Garage Pool New Construction University Heights

The Travis is one of our newest plans and has over $50,000 in upgrades. This two story 2889 SQFT plan offers 5 bedrooms, 4 baths plus a Game room. The family room is open to second floor! The primary and a secondary bedroom are located downstairs. The kitchen features built-in appliances, a 36"cooktop, under-cabinet lighting, a spacious island for prepping food or entertaining, and is open to the family room and dining area. The owner's suite boasts high ceilings with window seat, dual vanities, deluxe shower and expansive walk-in closet. The covered patio backs up to Green Space and is perfect for BBQ's and entertaining.

At $187/sqft, this home is 13% below the Round Rock active market average of $214/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

4721 Pleasant Place Pl, Round Rock, TX 78665

Property Details

Price $539,990
Status Active Listing
Beds 5
Full Baths 4
Half Baths ,
Living Area 2,889 sqft
Lot Size 0.12 acres (5,227.2 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision University Heights
County Williamson
Zip Code 78665
$/sqft $187/sqft
Days on Market ,
HOA $600/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT240805811
List Date July 30, 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.

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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
4717 College Square Dr
University Heights
$533,990 $186 5 bd / 4 ba 2,876 sqft , 2026-05-29
4733 Pleasant Pl
University Heights
$532,990 $185 5 bd / 4 ba 2,876 sqft , 2025-08-15
4306 Frankfurt Ln
University Heights
$550,000 $174 4 bd / 4 ba 3,160 sqft , 2026-07-10
4757 College Square Dr
University Heights
$521,990 $182 5 bd / 4 ba 2,864 sqft , 2026-07-30
4738 Regents Pl
University Heights
$516,990 $211 4 bd / 3 ba 2,455 sqft , 2026-07-29

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
$2,592/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
$107,998
20% conventional investment loan

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

Estimated Gross Rent+$2,592
Principal + Interest−$2,947
Property Tax (~2.1% TX avg)−$945
Insurance (~0.5%)−$225
Est. Monthly Cash Flow $-1,525

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 July 31, 2026.

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