40
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9 Hillway DR
About This Property
Inside, the home unfolds with intention. Two fireplaces anchor the main living spaces, creating warmth & a natural place to gather. The kitchen has been thoughtfully updated with over $13,000 in improvements, including quartz countertops, a natural stone backsplash, updated appliances, & painted cabinetry. A dedicated dining room & breakfast nook offer space for both quiet mornings & full tables. The interior and exterior of the home were recently painted and refreshed to craft a clean slate for the next homeowners.
The primary suite offers a sense of retreat with coffered ceilings, while all bathrooms have been updated over time with clean, timeless finishes. Upstairs, a flexible bonus space - with custom built-in's - adapts to whatever season you're in.
Out back, the setting shifts into something special, a true park-like retreat. A resort-style pool, expansive oak-shaded patio, & space for outdoor dining, lounging, or evenings around a fire pit create a backyard that feels like a true escape. The heavily landscaped backyard is ready to be enjoyed or further customized to make it your own.
Oak Bluff Estates is known for its 14+ acres of green space along Brushy Creek, ~.5 acre lots, custom-built homes & one of Round Rock's most established, sought-after locations, offering both beauty and convenience just minutes from RRISD schools, Kalahari, Dell Diamond, I-35, Toll 45 and 130! ~30 minutes to the airport!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 13, 2026 | In contract | - | |
| In contract | |||
| Apr 30, 2026 | Listed by Magnolia Realty Round Rock | $775,000 | |
| Listed by Magnolia Realty Round Rock | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017