Active Listing  ·  10 days on market

500 Hawthorne Ln

Round Rock, TX 78664
$350,000
3 Bed 3 Bath 2,146 sqft $163/sqft Built 1991 0.20 acres 2-Car Garage Pool South Creek Sec 06

Classic brick two-story home on a 0.2-acre lot in Round Rock with no HOA and short-term rental potential. Offering 2,146 square feet, this well-laid-out residence features three bedrooms, two full bathrooms, one half bath, and a loft area upstairs, with comfortable living spaces designed for everyday function and easy flow.

Inside, enjoy a no-carpet interior, a remodeled bathroom, and a fireplace in the living room, adding both style and convenience. The spacious lot provides room for outdoor living, gardening, or recreation, plus a side gate for trailer storage and a backyard shed for added convenience. With no back neighbors and a location in the 78664 area, this property offers a great opportunity for homeowners or investors seeking flexibility in a desirable Round Rock location.

At $163/sqft, this home is 22% below the Round Rock active market average of $208/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

500 Hawthorne Ln, Round Rock, TX 78664

Property Details

Price $350,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,146 sqft
Lot Size 0.20 acres (8,912.38 sqft)
Year Built 1991
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision South Creek Sec 06
County Williamson
Zip Code 78664
$/sqft $163/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,732.51
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248184922
List Date September 28, 2026
Elementary School Callison
Middle School CD Fulkes
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.

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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
2600 Gattis School Road None #1006
Townhomes at Gattis
$350,000 $221 3 bd / 3 ba 1,581 sqft , 2026-07-06
2600 Gattis School Road None #1001
Townhomes at Gattis
$350,000 $221 3 bd / 3 ba 1,581 sqft , 2026-07-06
2107 Valerian Trl
Round Rock Ranch Ph 01 Sec 03B
$349,900 $155 3 bd / 3 ba 2,263 sqft , 2026-10-01
1280 E Main St #504
Monarch on Main
$348,990 $186 3 bd / 3 ba 1,881 sqft , 2026-09-02
906 Hollow Trail Ct
South Creek Sec 21 Amd
$345,800 $200 3 bd / 2 ba 1,733 sqft , 2026-09-25

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
$1,680/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
$70,000
20% conventional investment loan

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

Estimated Gross Rent+$1,680
Principal + Interest−$1,910
Property Tax (~2.1% TX avg)−$613
Insurance (~0.5%)−$146
Est. Monthly Cash Flow $-989

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 October 2, 2026.

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