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$425,000

  • For Sale
  • Active
  • Duplex
  • 2,212 Sq. Ft.
  • 1.0178 Acres
  • 2 Car Garage
  • Updated 10 days ago
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Great opportunity to own a well-located duplex in the established Highland Estates area of Round Rock! Each side of this property features a 2 bedroom / 2 bathroom layout with a beautiful stone fireplace serving as the focal point of the living room, creating a warm and inviting atmosphere for tenants or owner occupants. Situated on an exceptionally large lot, both units enjoy spacious, fenced backyards, offering privacy and outdoor space that is hard to find in many duplex properties. Unit 318 is currently leased, providing immediate rental income, while Unit 316 is vacant and available for showings, making this an ideal option for an owner-occupant looking to offset their mortgage or an investor seeking a partially stabilized asset. In addition to the residential rental income, a portion of the backyard is currently leased separately, providing additional income for the owner. The property is located within the highly regarded Round Rock Independent School District, and is conveniently located with excellent access to Highway 79, SH-45 Toll, and SH-130 Toll. The property offers easy commuting to major employment centers throughout Round Rock, North Austin, and the greater Austin metro area. Residents will also enjoy close proximity to shopping, dining, and everyday amenities. Whether you are looking to expand your investment portfolio, house hack, or secure a property with multiple income streams, this duplex offers flexibility, location, and long-term upside!

Full Property Details for 316-318 Highland Estates Dr

General

  • Price: $425,000
  • Taxes: $8,054 (2025)
  • Status: Active
  • Type: Duplex
  • Source: Austin_MLS
  • MLS ID: 3640542
  • Updated: 6/2/2026
  • Added to Site: 104 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s), Main Level Primary, No Interior Steps
  • Fireplace: Yes
  • Number of Fireplaces: 2
  • Fireplace(s): Family Room, Glass Doors, Living Room, Masonry, Raised Hearth, Stone, Wood Burning
  • Appliances: Dishwasher, Microwave, Range
  • Flooring: Tile, Wood

Rooms

Other Rooms

  • Laundry: Laundry Room, Multiple Locations, Washer Hookup, Electric Dryer Hookup

Additional Information

  • Shared Amenities: None
  • Security/Safety: None

Exterior

  • Exterior Features: None
  • Porch/Patio/Deck: Covered, Patio

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Total Spaces: 4
  • Parking Features: Attached, Garage

Location

  • Area: RRE
  • County: Williamson
  • Subdivision: Highland Estates
  • Driving Directions: Take Gattis School Road East of Round Rock. North on Red Bud. East on Highland Estates.
  • Direction Faces: Northwest

School Information

  • Elem School District: Round Rock ISD
  • Midd School District: Round Rock ISD
  • High School District: Round Rock ISD
  • Elementary School: Forest Creek
  • Middle School: Ridgeview
  • High School: Cedar Ridge

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Electric
  • Heating Type: Central, Electric

Utilities

  • Sewer: Septic Tank
  • Water: Private
  • Utility Description: Electricity Available, Electricity Connected, Water Connected

Structural Information

  • Detached/Attached: Detached
  • Construction: Frame, Masonry
  • Roof: Composition
  • Windows: Blinds
  • Stories/Levels: 1
  • Square Feet: 2,212
  • Sq. Ft. Source: Public Records
  • Living Area: 2,212 Sq. Ft.
  • Year Built: 1984
  • Year Built Source: Public Records
  • Property Condition: Resale

Additional Structures

  • Other Structures: Shed(s)

Lot Features

  • Lot Size (Acres): 1.0178
  • Lot Size (Sq. Ft.): 44,335.37
  • Fence: Yes
  • Lot Features: Back Yard, Trees Medium Size
  • Fencing (Description): Chain Link

Financial Considerations

  • Assessment Amount: $527,395
  • Tax Amount: $8,054.31
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan
  • Owner Pays: Taxes

Disclosures and Reports

  • Special Conditions: Standard
  • Documents Avail.: See Remarks
  • Legal Description: Highland Estates, Lot 6, Acres 1.021
  • Disclosures/Reports: Municipal Utility District Disclosure
  • Property ID: 16405000000006
  • Lot Number: 6

Listed by DeKeratry Real Estate

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Listing agent

— 316-318 Highland Estates Dr —

  • DeKeratry Real Estate

(512) 335-4554

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 316-318 Highland Estates Dr

School District:Round Rock Independent School District
NameGradesDistance
Forest Creek Elementary School
3805 Forest Creek Drive, Round Rock, TX 78664
K-50.4 mi
Ridgeview Middle School
2000 Via Sonoma Trl, Round Rock, TX 78664
6-80.8 mi
Cedar Ridge High School
2801 Gattis School Road, Round Rock, TX 78664
9-121.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 316-318 Highland Estates Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/02/2026
Price Reduced
$425,000
-3.39%
MLS
4/24/2026
Price Reduced
$439,900
-2.24%
MLS
3/08/2026
Listed
$450,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 316-318 Highland Estates Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,204
1%
$527,395
-2%
2023
$8,123
-15%
$539,223
26%
2022
$9,518
24%
$427,173
—
2021
$7,675
11%
$427,173
18%
2020
$6,892
-1%
$361,634
3%
2020
$6,938
9%
$349,777
9%
2018
$6,364
17%
$320,000
17%
2017
$5,461
114%
$274,136
118%
2016
$2,552
4%
$125,643
4%
2015
$2,458
6%
$120,818
2%
2013
$2,328
—
$118,265
5%
2013
$2,328
—
$112,404
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by DeKeratry Real Estate

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316/318 Highland Estates Drive, Round Rock, TX 78664 (MLS# 3640542) is a Duplex property with 0 bedrooms and 0 full bathrooms. 316/318 Highland Estates Drive is currently listed for $425,000 and was received on March 08, 2026. Want to learn more about 316/318 Highland Estates Drive? Do you have questions about finding other Duplex real estate for sale in Round Rock? You can browse all Round Rock real estate or contact a Coldwell Banker agent to request more information.

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