Active Listing  ·  33 days on market

8416 Priest River Dr

Round Rock, TX 78681
$474,500
4 Bed 3 Bath 2,345 sqft $202/sqft Built 1991 0.15 acres 2-Car Garage Pool Fern Bluff Sec 02 Amd

Tastefully updated throughout. Full Sprinkler system. Move-in ready. Low tax rate of 1.7073%. No HOA. Granite counters. Subway tile backsplash. Stainless steel appliances. Wood floors. Oversized covered patio with shades and ceiling fan. Huge backyard with room for a pool. Great floor plan with no wasted space. 2,345 square feet. 4 bedrooms plus a Game room plus a Bonus Room that could be a Study or Dining Room. 2.5 baths. 2-car garage. Family room with fireplace. Recessed lights. Natural gas. Primary suite with separate shower, a garden tub, dual vanity, and walk-in closet. 0.1533-acre 60'x130' lot. Close to Fern Bluff MUD Park with playgrounds, sports fields, pickleball courts, tennis courts, basketball courts, volleyball courts, trails, covered pavilion, and greenbelts. Top-rated Round Rock ISD schools. Walk to Friendly Oaks Neighborhood Park, only one block away. Quiet Street. Washer and Dryer convey. Roof 2024. HVAC 2017. Cement Fiber Siding 2025. Water Heater 2017. Electricity is TXU. Water-Sewer-Trash is Fern Bluff MUD. Gas is Atmos. Cable is Spectrum or ATT. 16 minutes to Apple. 27 minutes to Downtown Austin. 17 minutes to The Domain. 31 minutes to the Airport. 5 minutes to H-E-B on 620. 12 minutes to Dell. 32 minutes to Tesla. https://fernbluffmud.org/

At $202/sqft, this home is 6% 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

8416 Priest River Dr, Round Rock, TX 78681

Property Details

Price $474,500
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,345 sqft
Lot Size 0.15 acres (6,677.75 sqft)
Year Built 1991
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Fern Bluff Sec 02 Amd
County Williamson
Zip Code 78681
$/sqft $202/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,899.69
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239292700
List Date July 13, 2026
Elementary School Fern Bluff
Middle School Chisholm Trail
High School Round Rock
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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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · July 13, 2026 $499,500
Current ask $474,500
Reduced $25,000 (-5.0%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
8215 Menlo Park Pl
Cat Hollow Sec B
$475,000 $202 4 bd / 3 ba 2,352 sqft , 2026-04-27
16803 Bailey Jean Dr
Cat Hollow Sec A Ph 01
$475,000 $242 4 bd / 3 ba 1,960 sqft , 2026-06-27
2402 Sparrow Dr
Oakcreek Sec 01
$475,000 $186 4 bd / 3 ba 2,554 sqft , 2026-03-10
4040 Cargill Dr
Cat Hollow Sec C Ph I
$475,000 $226 4 bd / 3 ba 2,098 sqft , 2026-08-08
8414 Ironweed Run
Stone Canyon
$469,000 $252 3 bd / 2 ba 1,861 sqft , 2026-07-21

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
$2,278/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
$94,900
20% conventional investment loan

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

Estimated Gross Rent+$2,278
Principal + Interest−$2,590
Property Tax (~2.1% TX avg)−$830
Insurance (~0.5%)−$198
Est. Monthly Cash Flow $-1,340

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 August 15, 2026.

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