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    Net-Zero Ready Townhomes in Round Rock Title is generated by Realmo AI

    300 302 304 Tesla Circle, Round Rock, TX 78681

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    Claim this Listing
    For Sale
    Under Contract
    $850,000

    Duplex - Round Rock, TX

    Type:Duplex
    Lot size:
    1.30 Acres
    Added:
    Feb 25, 2026
    Days on Market:
    80
    Last Refresh:
    May 16 at 3:06 pm

    Property Features for 300 302 304 Tesla Circle

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Property condition
    New Construction
    Bedrooms
    6
    Bathrooms
    6
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Parking
    9
    Parking features
    Driveway
    Interior features
    Cathedral Ceiling(s), Chandelier, Double Vanity
    Exterior features
    Balcony, Private Yard, Fence
    Fencing
    Fenced
    Appliances
    Dishwasher, Dryer, Garbage Disposer, Microwave, Range, Refrigerator, Washer
    Standard status
    Active Under Contract
    APN
    R650666
    Lot size
    1.30 Acres

    Taxes and HOA fees

    Expense value
    200
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Monthly

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Ceiling Fan(s), Central Air, Electric

    Building Details

    Year built
    2025
    Flooring type
    Carpet, Tile, Tile - Ceramic
    Building materials
    Stone, Stone Veneer, Stucco
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    David Cavalier

    Listing agent David Cavalier License #0471274

    Listing office Elite Premier Properties 100 Spectrum Center Dr Ste 860, Dallas, TX

    Listing date Feb 25, 2026

    MLS# 21122276 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Net‑Zero Ready Townhomes: Designed for energy efficiency and sustainability, with solar panel upgrade available.
    • Prime Location: Gated community in Round Rock with easy access to Toll Road 45, Mopac Expressway, The Domain, and downtown Austin.
    • Luxury Finishes: Enjoy hardwood floors, quartz countertops, stone and stucco exteriors, and energy‑efficient fixtures & appliances.
    • Private Outdoor Space: Includes private, fenced rear yards and balconies.
    • Move‑In‑Ready: First six units in phase 1 are completed and ready for occupancy.
    • Excellent Schools & Recreation: Located in the acclaimed Round Rock ISD and near Brushy Creek Lake Regional Park with interconnecting trail system.

    Overview

    Located in Round Rock, northwest of Austin, Solara at Highland Horizon is a gated community featuring 16 net-zero ready townhomes. The property is located near shopping, dining, and entertainment destinations, approximately 1 mile from Toll Road 45 and Mopac Expressway, and within proximity to The Domain and downtown Austin. The community is located in Round Rock ISD, near Concordia University and Austin Community College’s Cypress Creek campus. An interconnecting trail system provides access to Brushy Creek Lake Regional Park, Avery Ranch, and Northwoods. The townhomes feature stone and stucco exteriors, private fenced rear yards, and attached garages. Energy-efficient fixtures and appliances, hardwood floors, and quartz countertops are included. An office and full bath are located on the first floor. Solar panel upgrades are available. The property is located in the Texas Hill Country.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Round Rock
    County
    Williamson
    State
    Texas
    Longitude
    -97.723047
    Latitude
    30.494436

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    FAQs

    What type of property is this?
    Duplex - Luxury, sustainable duplexes in a gated Texas Hill Country community.
    Where is this duplex located?
    The property is located at 300 302 304 Tesla Circle Round Rock, TX.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: Net‑Zero Ready Townhomes: Designed for energy efficiency and sustainability, with solar panel upgrade available.; Prime Location: Gated community in Round Rock with easy access to Toll Road 45, Mopac Expressway, The Domain, and downtown Austin.; Luxury Finishes: Enjoy hardwood floors, quartz countertops, stone and stucco exteriors, and energy‑efficient fixtures & appliances.
    (949) 679-0437
    We can help!
    Listing Contact
    David Cavalier
    Real Estate License ID: 0471274
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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