Active Listing  ·  5 days on market

503 Dover Ln

Round Rock, TX 78664
$300,000
3 Bed 2 Bath 1,383 sqft $217/sqft Built 1985 0.20 acres 2-Car Garage Pool Kensington Place Sec 04

Adorable 3-bedroom, 2-bath home in established Round Rock neighborhood. Vaulted wood beam ceiling and open floor plan create a spacious feel that welcomes you home. Family room has built ins and working stone fireplace! Light & Bright Kitchen with SS appliances and a great dining space. Spacious Primary Suite with beautifully updated bathroom and two walk in closets. Mother in law plan, with 2 additional bedrooms and a shared full bath. Step outside onto the huge back deck, creating an ideal outdoor space for morning coffee, weekend gatherings, grilling, or simply enjoying the peaceful backdrop of the open field. Conveniently located near major roadways, shopping, dining, employment centers, parks, and everything Round Rock has to offer!

At $217/sqft, this home is priced 4% above the Round Rock active market average of $208/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

503 Dover Ln, Round Rock, TX 78664

Property Details

Price $300,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,383 sqft
Lot Size 0.20 acres (8,555.18 sqft)
Year Built 1985
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Kensington Place Sec 04
County Williamson
Zip Code 78664
$/sqft $217/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,052.61
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248761709
List Date October 3, 2026
Elementary School Xenia Voigt
Middle School CD Fulkes
High School Cedar Ridge
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
1810 Courtney Cv
Greenlawn Place Sec 02
$307,500 $211 3 bd / 2 ba 1,456 sqft , 2026-06-11
1520 Clearview Loop
Greenslopes At Lakecreek Sec 08
$309,400 $199 3 bd / 3 ba 1,554 sqft , 2026-05-29
1701 Logan Dr #38
Turtle Crk Village Condos Bldg 27
$309,900 $250 2 bd / 2 ba 1,242 sqft , 2025-07-17
1709 Southeastern Trl
Greenlawn Place Resub
$310,000 $179 3 bd / 2 ba 1,735 sqft , 2026-09-12
1012 Monadale Trl
Turtle Creek Village Ph 01 Sec A
$289,000 $211 3 bd / 3 ba 1,372 sqft , 2026-07-08

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
$1,440/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
$60,000
20% conventional investment loan

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

Estimated Gross Rent+$1,440
Principal + Interest−$1,637
Property Tax (~2.1% TX avg)−$525
Insurance (~0.5%)−$125
Est. Monthly Cash Flow $-847

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 6, 2026.

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