Active Listing  ·  46 days on market

1511 Lantana Dr

Round Rock, TX 78664
$288,000
3 Bed 2 Bath 1,288 sqft $224/sqft Built 1986 0.11 acres 2-Car Garage Pool Meadows At Chandler Creek Sec 04

Move-in ready and freshly updated throughout! This home welcomes you with a spacious living room featuring vaulted ceilings, a cozy corner brick fireplace, and durable wood-look tile flooring that flows seamlessly into the open kitchen.

The chef's kitchen is a showstopper — rich wood cabinetry, granite countertops, a tile mosaic backsplash, and stainless steel appliances including a gas range, built-in microwave, and refrigerator. A large center island with bar seating, pantry and extra storage above the washer and dryer in the laundry closet add both function and style, while a bright dining nook with a chandelier and backyard views makes everyday meals feel special.

Bedrooms offer neutral paint, ceiling fans, and easy-care flooring. The bathroom includes a double-sink vanity, a tub/shower combo with tile surround, and built-in grab bars for added safety and accessibility.

Step outside to a fenced backyard with mature shade trees — the perfect spot to relax or entertain. Ask about the offer of a Rate Buy Down with a preferred Lender.

At $224/sqft, this home is priced 8% 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

1511 Lantana Dr, Round Rock, TX 78664

Property Details

Price $288,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,288 sqft
Lot Size 0.11 acres (4,983.26 sqft)
Year Built 1986
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Meadows At Chandler Creek Sec 04
County Williamson
Zip Code 78664
$/sqft $224/sqft
Days on Market ,
HOA $380/Annually
Annual Tax Est. $5,142.13
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237339702
List Date August 23, 2026
Elementary School Double File Trail
Middle School CPL Robert P Hernandez
High School Stony Point
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
2205 Ada Ln
Jester Farms Sec 10
$299,500 $198 4 bd / 3 ba 1,514 sqft , 2026-07-27
1403 Beth Ln
Mesa Park
$299,950 $251 3 bd / 2 ba 1,193 sqft , 2026-07-06
1882 Wallin Loop
Jester Farms Sec 04
$307,000 $178 3 bd / 2 ba 1,724 sqft , 2026-09-11
1705 Primrose Trl
Meadows At Chandler Creek
$265,000 $237 3 bd / 2 ba 1,116 sqft , 2026-10-01
2206 Bluebonnet Dr
Chandler Creek Sec 06c
$263,000 $205 3 bd / 2 ba 1,280 sqft , 2026-07-15

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
$1,382/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.45%
NOI after 40% vacancy + expenses
Down Payment
$57,600
20% conventional investment loan

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

Estimated Gross Rent+$1,382
Principal + Interest−$1,572
Property Tax (~2.1% TX avg)−$504
Insurance (~0.5%)−$120
Est. Monthly Cash Flow $-814

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 September 22, 2026.

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