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308 Highland Estates Dr

Round Rock, TX 78664

– beds
– baths
2,943 sqft
~3/4 acre lot
$181 per sqft
1984 build
– on site

Nestled in the desirable Highland Estates subdivision, this exceptional 2,943 sq. ft. multi-unit property presents a remarkable investment opportunity for discerning real estate investors and owner-occupants seeking strategic rental income. Situated on a spacious .75-acre lot, the property offers versatile living arrangements and robust potential for portfolio growth. The property features three units, each offering unique living experiences. Unit A stands out with its comprehensive remodel, boasting modern upgrades including stainless steel appliances, elegant granite countertops, contemporary cabinetry, and durable laminate flooring. This three-bedroom, two-bathroom space exemplifies refined living with its thoughtful design and finishes. Unit B provides a functional and inviting two-bedroom, one-bathroom layout characterized by an open-concept design. The unit seamlessly integrates a welcoming kitchen, convenient dining area, and expansive living room, creating an ideal living environment for tenants or owners. Complementing the main units, the charming studio offers a cozy one-bedroom, one-bathroom configuration, currently generating rental income. The property's outdoor spaces further enhance its appeal, with individually fenced yards and abundant yard space providing residents with plenty of privacy. Its location offers unparalleled convenience, featuring proximity to major highways, HEB, diverse retail establishments, and numerous restaurants—all within comfortable walking distance. This property represents more than just a real estate investment; it's an opportunity to secure a versatile, income-generating asset in one of Round Rock's most sought-after areas.

Listing courtesy of ABOR / Craig Mcguire / Bramlett Partners

Last checked: Checking… • Last updated Feb 13, 2025 •

MLS# 1596863 —

The Building

Year Built:

1984
New Construction:

false
Roof:

Composition
Foundation:

Slab
Exterior Features:

None
Accessibility Features:

None
Patio And Porch Features:

None
Window Features:

Aluminum Frames
Levels:

One
Direction Faces:

NW

Interior

Interior Features:

Ceiling Fan(s)
Room Type:

Primary Bedroom
Flooring:

Carpet
Laundry Location:

In Unit

Room Dimensions

Living Area:

2943
Living Area Source:

Public Records

Financial & Terms

Restrictions:

City Restrictions

Location

Latitude:

30.501433
Longitude:

-97.612376
Directions:

In RR, Gattis School Rd. To Red Bud to Highland Estates units on the Right

The Property

Property Type:

Residential Income
Subtype:

Triplex
Parcel Number:

16405000000008
Property Condition:

Resale
Other Structures:

Garage(s)
Lot Features:

Back Yard
Lot Size Acres:

0.752
Lot Size Area:

0 Sqft
Lot Size SqFt:

32,757 Sqft
SqFt Total:

2,943 Sqft
View:

None
Waterfront:

false
Waterfront Features:

None
Horse:

false
Fencing:

Back Yard
FEMA Flood Plain:

No

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

$8,682.70

The Listing

Special Listing Conditions:

Standard
Listing Terms:

Cash
Occupant Type:

Tenant
Virtual Tour

Heating & Cooling

Heating:

Central
Cooling:

Ceiling Fan(s)

Utilities

Utilities:

Electricity Connected
Sewer:

Septic Shared
Water Source:

Private
Electric On Property:

true

Appliances

Appliances:

Cooktop

Schools

Elementary School:

Blackland Prairie
Elementary Other:

Forest Creek
Elementary School District:

Round Rock ISD
Middle School:

Ridgeview
Middle School District:

Round Rock ISD
High School:

Cedar Ridge
High School District:

Round Rock ISD

The Community

Subdivision Name:

Highland Estates
Community Features:

None
Pool Features:

None
Pets Allowed:

Negotiable

Parking

Parking Features:

Door-Single
Garage:

true
Attached Garage:

false
Garage Spaces:

2
Covered Spaces:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

AT&T Internet

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
2/13/25 Feb 13, 2025	Price Changed	ABOR	$535,000	-2.7%
1/21/25 Jan 21, 2025	Price Changed	ABOR	$549,900	-1.8%
11/21/24 Nov 21, 2024	Listed / Active	ABOR	$559,900

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This multifamily located in Highland Terrace, Round Rock, TX 78664 is currently for sale for $535,000. 308 Highland Estates Dr is a 2,943 square foot multifamily with – beds and – baths that has been on Estately for 87 days. 308 Highland Estates Dr is in the Highland Terrace neighborhood of Round Rock and has a WalkScore® of 51, making it somewhat walkable. This multifamily is in the attendance area of Cedar Ridge High School, Forest Creek Elementary School, and Ridgeview Middle School.

Based on information from the Austin Board of REALTORS® and ACTRIS 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.