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Verified property facts
316/318 Highland Estates Dr is listed at $439,900 with 0 bedrooms, 2,212 square feet, 1.02-acre lot.
316/318 Highland Estates Dr is zoned for Round Rock ISD with assigned schools: Forest Creek (8/10) (elementary), Ridgeview (10/10) (middle), Cedar Ridge (8/10) (high). School assignments should be verified directly with the district.
316/318 Highland Estates Dr is a Residential Income built in 1984 featuring 0 bedrooms, 2,212 square feet, 1.02-acre lot.
316/318 Highland Estates Dr is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
316/318 Highland Estates Dr is priced at $199 per square foot across 2,212 sqft.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listing timeline with current price, original ask, and market time.
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!
Property Type
Residential Income
Year Built
1984
Lot Size
1.02 acres
$/Sq Ft
$199
Garage
4 spaces
Listed by DeKeratry Real Estate
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($88K)
$439,900
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List price
$439,900
Price per sqft
$199/sqft
Vs. Highland Estates median
Not available
Days on market
64 days
Original to current
$10.1K reduction
$450K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 10, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
The most recent annual property tax for 316/318 Highland Estates Dr is $8,054. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
With 20% down ($87,980) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 316/318 Highland Estates Dr is around $2,954 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $439,900, 316/318 Highland Estates Dr is in the Highland Estates market where there are currently 131 active listings in 78664. The Keenan Group has completed 4 transactions in 78664 as part of 1,000+ career sales totaling $1B+ across Austin.
316/318 Highland Estates Dr was built in 1984 (42 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
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