Active Listing  ·  7 days on market

701 GREENWICH Pl

Round Rock, TX 78664
$244,000
3 Bed 2 Bath 1,310 sqft $186/sqft Built 1983 0.19 acres 2-Car Garage Pool Kensington Place Sec 02

This is a Fannie Mae Homepath Property. Seller has requested all offers be presented online at Homepath.fanniemae.

Take a look at this classic limestone home located in Kensington Place, just off IH35 and Gattis School Rd. The home features a spacious living room with a vaulted ceiling and fireplace. The primary bedroom has double sinks and two large closets. Relax under the covered patio in the big, fenced backyard with shade trees, a great place for get-togethers. The detached garage could be a workshop or studio. The long driveway accommodates plenty of off-street parking. Located just 5 minutes from the thriving, downtown Round Rock scene, there are many choices for dining and entertainment. No HOA. Bring your ideas and check it out!

**Buyers, complete the Homepath Ready Buyer homeownership course on Homepath. Attach certificate to offer up to 3% closing cost assistance. Check Homepath.com for more details. Restrictions apply.**

At $186/sqft, this home is 11% 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

701 GREENWICH Pl, Round Rock, TX 78664

Property Details

Price $244,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,310 sqft
Lot Size 0.19 acres (8,450.64 sqft)
Year Built 1983
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Kensington Place Sec 02
County Williamson
Zip Code 78664
$/sqft $186/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $4,801.15
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248577387
List Date October 1, 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.

Schedule a Call →

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
1621 Parkfield Cir
Windy Park Sec 2
$239,000 $235 3 bd / 2 ba 1,018 sqft , 2026-10-01
1555 Parkfield Cir
WINDY PARK SEC 2 REVISED
$230,000 $182 3 bd / 3 ba 1,265 sqft , 2026-08-19
500 Hesters Crossing Rd #310
Crossing Condo Unit 310
$225,000 $247 2 bd / 2 ba 912 sqft , 2025-09-09
512 Purple Sage Dr
Chisholm Valley South Sec 04 Ph 02
$265,000 $210 3 bd / 2 ba 1,263 sqft , 2026-08-18
1124 Greenbriar Loop
Greenslopes At Lakecreek Sec 07
$265,000 $177 4 bd / 2 ba 1,500 sqft , 2026-10-02

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
$1,171/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
$48,800
20% conventional investment loan

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

Estimated Gross Rent+$1,171
Principal + Interest−$1,332
Property Tax (~2.1% TX avg)−$427
Insurance (~0.5%)−$102
Est. Monthly Cash Flow $-690

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 →