About This Home

Desperate! Seller says "SELL!" Fixer-upper priced to sell fast! Bring brush, reap thousands! Seller's loss your gain...create wealth with investment properties...start today with this gem in Round Rock! Hurry before savvy investors snap it up! Easy show, easy sell!

At $177/sqft, this home is 15% 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

603 Clearwater Trl, Round Rock, TX 78664

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Property Details

Price $249,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,409 sqft

Lot Size 0.12 acres (5,283.83 sqft)

Year Built 1985

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Settlement Sec 01

County Williamson

Zip Code 78664

$/sqft $177/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $5,139.67

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT248412000

List Date October 3, 2026

Elementary School Union Hill

Middle School CPL Robert P Hernandez

High School Stony Point

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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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

1902 Aberdeen Dr
Greenhill Sec 01 $268,000 $234 3 bd / 2 ba 1,145 sqft , 2026-08-05

1347 Lakeside Loop
Meadow Lake Sec 01-B Rev $275,000 $156 3 bd / 3 ba 1,761 sqft , 2026-07-24

2409B Curry Loop None
Garden Villas at Curry Loop $215,000 $216 2 bd / 2 ba 996 sqft , 2026-09-29

1830 Wallin Loop
Jester Farms Sec 06 $295,000 $162 3 bd / 3 ba 1,820 sqft , 2026-10-07

2205 Ada Ln
Jester Farms Sec 10 $299,500 $198 4 bd / 3 ba 1,514 sqft , 2026-07-27

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

$1,195/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

$49,800

20% conventional investment loan

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

Estimated Gross Rent+$1,195

Principal + Interest−$1,359

Property Tax (~2.1% TX avg)−$436

Insurance (~0.5%)−$104

Est. Monthly Cash Flow $-704

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

About the Author

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 4, 2026.

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

603 Clearwater Trl

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Round Rock, TX

More Luxury Homes in Round Rock

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