Active Listing  ·  35 days on market

2005 Forest Hill Cv

Round Rock, TX 78665
$629,000
4 Bed 4 Bath 3,303 sqft $190/sqft Built 2001 0.20 acres 2-Car Garage Pool Lake Forest Sec 01

Welcome to this beautiful residence - a spacious 4-bedroom, 3.5-bath home tucked away on a quiet cul-de-sac in the desirable Lake Forest community of Round Rock. With 3,303 square feet of living space, this home offers plenty of room to spread out, entertain, and enjoy everyday living.

The thoughtfully designed floor plan features generous living spaces, including an inviting living area that opens to the kitchen, creating an easy flow for both casual gatherings and entertaining. A separate dining room and additional flex space provide versatility for a home office, game room, or second living area.

The spacious primary suite offers a relaxing retreat with dual vanities, a soaking tub, separate shower, and a large walk-in closet. Upstairs, generously sized secondary bedrooms provide comfortable space for family, guests, or a home office.

Step outside to enjoy the private backyard, or take advantage of the neighborhood amenities just a short walk away, including the community pool and amenity center. The convenient location is also within easy reach of the neighborhood's elementary and middle schools.

With its spacious living areas, versatile floor plan, peaceful cul-de-sac setting, and desirable Lake Forest location, this home offers a wonderful blend of comfort, convenience, and community.

At $190/sqft, this home is 9% below the Round Rock active market average of $209/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2005 Forest Hill Cv, Round Rock, TX 78665

Property Details

Price $629,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,303 sqft
Lot Size 0.20 acres (8,868.82 sqft)
Year Built 2001
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lake Forest Sec 01
County Williamson
Zip Code 78665
$/sqft $190/sqft
Days on Market ,
HOA $570/Annually
Annual Tax Est. $11,218.07
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244607693
List Date August 28, 2026
Elementary School Blackland Prairie
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
2126 Clear Lake Pl
Lake Forest Sec 01
$629,990 $187 4 bd / 3 ba 3,366 sqft , 2026-08-05
1239 Pine Forest Cir
Lake Forest
$639,000 $178 5 bd / 3 ba 3,585 sqft , 2026-05-28
3712 Royal Port Rush Dr
Forest Creek Ph 01 Sec 01
$639,990 $238 4 bd / 3 ba 2,692 sqft , 2026-08-20
2527 Crenshaw Dr
Forest Crk Sec 08
$615,000 $205 5 bd / 3 ba 3,007 sqft , 2026-03-10
1010 Twin Terrace Ct
Forest Ridge Ph 07A
$614,990 $173 5 bd / 4 ba 3,564 sqft , 2026-06-08

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
$3,019/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
$125,800
20% conventional investment loan

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

Estimated Gross Rent+$3,019
Principal + Interest−$3,433
Property Tax (~2.1% TX avg)−$1,101
Insurance (~0.5%)−$262
Est. Monthly Cash Flow $-1,777

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 27, 2026.

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