316/318 Highland Estates DR, Round Rock, TX 78664 (MLS # 3640542)
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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!
| LAST UPDATED | 3/8/2026 | TRACT | Highland Estates |
|---|---|---|---|
| YEAR BUILT | 1984 | COMMUNITY | Highland Estates |
| GARAGE SPACES | 2.0 | COUNTY | Williamson |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Forest Creek |
|---|---|
| Jr. High School | Ridgeview |
| High School | Cedar Ridge |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Microwave, Range |
| AREA | RRE |
| CONSTRUCTION | Frame |
| EXTERIOR | None |
| FIREPLACE | Yes |
| GARAGE | Attached Garage, Yes |
| HEAT | Central, Electric |
| INTERIOR | Ceiling Fan(s), Master Downstairs |
| LOT | 1.0178 acre(s) |
| LOT DESCRIPTION | Back Yard |
| PARKING | Attached, Garage |
| POOL DESCRIPTION | None |
| SEWER | Septic Tank |
| STORIES | 1 |
| SUBDIVISION | Highland Estates |
| TAXES | 8054.31 |
| UTILITIES | Electricity Connected, Water Connected |
| VIEW DESCRIPTION | None |
| WATER | Private |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Property listed by Joseph Vandenhouten, DeKeratry Real Estate
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 3/9/26 6:31 PM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2026.