Active Listing  ·  58 days on market

1123 Oaklands Dr

Round Rock, TX 78681
$530,000
4 Bed 3 Bath 2,411 sqft $220/sqft Built 1992 0.18 acres 2-Car Garage Pool Oakcreek Sec 02

Located in highly desirable Oakcreek community where comfort, space, and location come together beautifully. This 4-bedroom, 3-bath large home offers a flexible floor plan designed for modern living. Step inside to soaring ceilings, abundant natural light, multiple living areas, updated kitchen. Perfect for Entertaining or enjoying some peace and quiet in your own space. The open layout flows easily into the well-equipped kitchen featuring stainless steel gas-range, microwave, dishwasher, and disposal. Upstairs offers spacious Primary bedrooms and an updated primary bathroom with a beautiful large walk-in shower and a great place to relax in an oversized soaker tub. The closest it spacious with its custom design. Recent updates include a roof that is only a few years old, recent front door, neutral interior paint down stairs, and a large outdoor patio perfect to have guest over and enjoy some time in the large backyard. Residents enjoy being at a walking distance to Fern Bluff Elementary, a community pool just down the street, mature trees, inviting streetscapes, and easy access to shopping, dining, parks, and major commuter routes. Zoned to Round Rock ISD including Fern Bluff Elementary, Chisholm Trail Middle, and Round Rock High School, this home delivers the total package of location, layout, updates, privacy, and charm.

At $220/sqft, this home is priced 6% above the Round Rock active market average of $208/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1123 Oaklands Dr, Round Rock, TX 78681

Property Details

Price $530,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,411 sqft
Lot Size 0.18 acres (7,723.19 sqft)
Year Built 1992
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Oakcreek Sec 02
County Williamson
Zip Code 78681
$/sqft $220/sqft
Days on Market ,
HOA $35/Monthly
Annual Tax Est. $9,210.55
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241479321
List Date August 11, 2026
Elementary School Fern Bluff
Middle School Chisholm Trail
High School Round Rock
School District ,

Luke Allen (TREC #788149) has deep knowledge of Round Rock and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Similar Homes on the Market in Round Rock

Comparable Listings Right Now

Homes currently for sale in Round Rock with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
2211 Spring Hollow Path
Oakland Sec 03B
$540,000 $203 4 bd / 3 ba 2,656 sqft , 2026-09-23
2605 Sam Bass Rd #2
Clear Creek
$498,245 $280 3 bd / 3 ba 1,782 sqft , 2026-07-10
2605 Sam Bass Rd #67
Clear Creek
$491,205 $276 3 bd / 3 ba 1,782 sqft , 2026-06-11
608 Spanish Oak Ter
Brushy Creek Sec 04
$489,000 $195 4 bd / 3 ba 2,509 sqft , 2026-07-31
1908 Clearwater Dr
Oaklands Sec 01B
$575,000 $200 4 bd / 3 ba 2,868 sqft , 2026-09-03

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$2,544/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$106,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$2,544
Principal + Interest−$2,892
Property Tax (~2.1% TX avg)−$928
Insurance (~0.5%)−$221
Est. Monthly Cash Flow $-1,497

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Round Rock, TX

Round Rock sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Dell Technologies HQ 5 min
Apple Campus (Domain) 15 min S
Samsung Austin Semiconductor 20 min SW
Tesla Gigafactory 35 min S

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on August 19, 2026.

📞 (254) 718-2567 [email protected] More about Luke →