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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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700 Misty Morning Way , Round Rock, TX 78664
$399,000
Est. Payment: $2,008.96/mo
6 Bed
4 Bath
2004 Sqft
Status: active | Days on site: 2
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Jeannette Spinelli
Broker Associate & Founder

House Description

Prime investment opportunity and one of the best updated properties in the area, inside and out. The property has great curb appeal with its green and manicured front lawn that is maintained by the tenants. This beautifully remodeled duplex is fully occupied with great long-term tenants of over 15 and 3 years, respectively. Each unit features 3 bedrooms, 2 baths, large single-car garage, and a privately fenced in back and side yard. The floor plan of each unit is a mirror image of the other and the renovations within the units are almost identical. Renovations to this wonderful property include: Energy-efficient and durable metal roof capable of lasting 50 to 70 years with minimal maintenance, exterior siding replacement, beautiful herringbone wood-look tile flooring (NO CARPETING), exterior and interior paint, light fixtures, ceiling fans, and beautifully updated kitchen with granite countertops and stainless steel appliances including large stainless steel refrigerators. Each unit is leased for $1400 monthly ($2800 total). Rent is below market secondary to quality long-term tenants. The neighborhood is conveniently located close to major highways allowing ease of commute to Austin and nearby cities. This property is within minutes to downtown Round Rock offering access to the city’s historic district, wonderful local shops and restaurants, and cultural events. A few additional nearby popular destinations also include: Round Rock Outlet mall, local parks (Dell Diamond Park, Old Settlers Park, Meadow Lakes Park, Rock’N River Water Park offering sports, picnic, and outdoor activities), and La Frontera Village Shopping Center. This is a spectacular investment property in a prime location capturing high tenant demand along with continued appreciation. Information provided is deemed reliable but is not guaranteed and should be independently verified. Buyer or buyer's agent to verify measurements, schools, tax, etc.

Highlights

Listed by Jila Nelson , (512) 914-8775 Runners Real Estate LLC , (512) 537-1673. Austin MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.19

Year Built

1983

County

Williamson

Area

RRE

Neighborhood

Sunrise Vista Sec 01 Rev

School District

Round Rock ISD

Listing ID

8518716

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:4
  • Full Bathrooms:
Appliances:Dishwasher, Free-Standing Range, Refrigerator
Floor:Carpet Free,Tile
Other:Ceiling Fan(s),Granite Counters,Main Level Primary,Pets Allowed
Other:Public

Exterior Features

Roof:Metal
Others:Resale
Sewer:Public Sewer
Parking Features:Concrete,Garage Faces Front
Principal Interest
$2,009
Taxes
$579

Home Price

$399,000

Loan Details

30 yrs
6.459%

Down Payment

20%
$79,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,008.96

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,008.96 $579.43 $0.00 $2,588.39
Yearly $24,107.54 $6,953.13 $0.00 $31,060.67
Total $723,226.33 $208,593.90 $0.00 $931,820.23

Today's Rates

30 Year

6.46%

20 Year

6.2%

15 Year

5.91%

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Market insight data is pulled from the same city as the listing being viewed (Round Rock, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Spinelli Residential Group | KW - Austin Portfolio Real Estate nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Austin MLS as distributed by MLS GRID

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Data last updated: 2026-07-17T01:20:20.000Z

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