Active Listing  ·  108 days on market

1821 Rachel Ln

Round Rock, TX 78664
$338,900
4 Bed 2 Bath 1,952 sqft $174/sqft Built 2004 0.11 acres 2-Car Garage Pool Enclave At Town Centre Ph 01

Move-in ready and thoughtfully remodeled, this single-story Round Rock home offers 4 bedrooms, 2 bathrooms, and approximately 1,952 square feet of functional living space. The kitchen and bathrooms have been fully updated with modern finishes, including Stone countertops, updated lighting, stylish backsplash, and renovated showers, creating a clean and cohesive look throughout.

The open layout features vaulted ceilings and abundant natural light, along with two separate living areas that provide flexibility for a home office, media room, or additional living space. One living area includes a fireplace, adding warmth and character.

The kitchen is both functional and updated, offering a center island, stainless steel appliances, and an eat-in dining area. All bedrooms are located on the main level, including a primary suite with a walk-in closet.

Additional features include updated flooring, a 2-car attached garage, covered front entry, and private, low maintenance backyard. Located in the Enclave at Town Centre with a low HOA, the home offers convenient access to I-35, Hesters Crossing, shopping, dining, entertainment such as the Dell Diamond and Kalahari, and major employers like Samsung and Dell.

At $174/sqft, this home is 19% 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

1821 Rachel Ln, Round Rock, TX 78664

Property Details

Price $338,900
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,952 sqft
Lot Size 0.11 acres (4,961.48 sqft)
Year Built 2004
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Enclave At Town Centre Ph 01
County Williamson
Zip Code 78664
$/sqft $174/sqft
Days on Market ,
HOA $23/Monthly
Annual Tax Est. $6,452.99
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229123960
List Date May 6, 2026
Elementary School Callison
Middle School CD Fulkes
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
560 Woodsorrel Way
Round Rock Ranch
$339,000 $230 3 bd / 3 ba 1,471 sqft , 2026-07-08
1519 Plume Grass Pl
Round Rock Ranch B Ph 01 Sec 0
$339,900 $181 4 bd / 3 ba 1,880 sqft , 2026-06-25
2600 Gattis School Rd #1005
Gattis School Condos
$335,000 $227 3 bd / 3 ba 1,478 sqft , 2026-07-06
2600 Gattis School Rd #1004
Townhomes at Gattis
$335,000 $225 3 bd / 3 ba 1,490 sqft , 2026-07-06
2600 Gattis School Rd #1003
Townhomes at Gattis
$335,000 $227 3 bd / 3 ba 1,478 sqft , 2026-07-06

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
$1,627/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
$67,780
20% conventional investment loan

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

Estimated Gross Rent+$1,627
Principal + Interest−$1,850
Property Tax (~2.1% TX avg)−$593
Insurance (~0.5%)−$141
Est. Monthly Cash Flow $-957

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 July 26, 2026.

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