Active Listing  ·  1 day on market

1172 Southern Pl

Round Rock, TX 78665
$400,000
5 Bed 3 Bath 2,912 sqft $137/sqft Built 1998 0.17 acres 2-Car Garage Pool Forest Bluff

Charming Two-Story in Forest Bluff – Round Rock!

Welcome to this well-maintained, thoughtfully updated 5-bedroom, 2.5-bath home in the established Forest Bluff subdivision of Round Rock. This 2,912-square-foot residence offers a functional two-story layout with a convenient main-level bedroom and four additional bedrooms upstairs — ideal for a home office, guest space, or flexible living arrangement. The main floor features a dedicated dining area and a spacious living room designed for everyday comfort and entertaining. The home provides a private backyard with room to relax or garden, all within a quiet, tree-lined community. Forest Bluff is conveniently located near Old Settlers Park, Brushy Creek Regional Trail, Dell Diamond, and a variety of shopping and dining options along US-79, with easy access to major roadways for commuters. The property is zoned to Round Rock ISD (Forest Creek Elementary, Ridgeview Middle, and Cedar Ridge High School); buyers are encouraged to independently verify school assignment and enrollment eligibility with the district. This home offers a solid combination of space, location, and updates in a sought-after Round Rock neighborhood. Schedule your private showing today — contact the listing agent to arrange a tour.

At $137/sqft, this home is 36% below the Round Rock active market average of $214/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1172 Southern Pl, Round Rock, TX 78665

Property Details

Price $400,000
Status Active Listing
Beds 5
Full Baths 2
Half Baths 1
Living Area 2,912 sqft
Lot Size 0.17 acres (7,535.88 sqft)
Year Built 1998
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Forest Bluff
County Williamson
Zip Code 78665
$/sqft $137/sqft
Days on Market ,
HOA $100/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244206532
List Date August 21, 2026
Elementary School Forest Creek
Middle School Ridgeview
High School Cedar Ridge
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.

Schedule a Call →

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
1179 Forest Bluff Trl
Forest Bluff Sec 01C
$400,000 $124 4 bd / 3 ba 3,224 sqft , 2026-07-09
1181 Forest Bluff Trl
Forest Bluff
$425,000 $113 4 bd / 3 ba 3,757 sqft , 2026-04-02
1310 Rainbow Parke Dr
Rainbow Parke
$354,999 $179 4 bd / 2 ba 1,983 sqft , 2025-06-05
2157 Paradise Ridge Dr
Sonoma Sec 08
$450,000 $152 5 bd / 4 ba 2,953 sqft , 2026-02-28
3750 E Palm Valley Blvd #35
Diamond Oaks Condos
$459,000 $238 4 bd / 2 ba 1,928 sqft , 2026-08-20

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
$1,920/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
$80,000
20% conventional investment loan

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

Estimated Gross Rent+$1,920
Principal + Interest−$2,183
Property Tax (~2.1% TX avg)−$700
Insurance (~0.5%)−$167
Est. Monthly Cash Flow $-1,130

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 22, 2026.

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