Active Listing  ·  45 days on market

2118 Elder Pl

Round Rock, TX 78664
$300,000
3 Bed 2 Bath 1,200 sqft $250/sqft Built 1986 0.26 acres 2-Car Garage Pool South Creek Sec 13

Welcome home to this charming one-story tucked away on a quiet cul-de-sac in the heart of Round Rock! Sitting on an oversized fenced lot with no HOA, this property offers the extra outdoor space that's becoming harder to find. Relax under the covered back patio or step outside through the French doors from the private primary suite and enjoy the expansive backyard with endless possibilities for entertaining, gardening, pets, or play.

Inside, you'll find a bright country-style kitchen filled with natural light, a cozy living room with a welcoming fireplace, and a functional layout designed for everyday living. The spacious primary suite features a dual vanity, soaking tub, and private access to the backyard. A secondary bedroom includes a built-in desk, making it ideal for working from home, studying, or hobbies.

Conveniently located just minutes from Dell, major employers, shopping, dining, and easy access to I-35, SH-45, SH-130, and other major roadways, this home offers comfort, convenience, and room to grow—all in an established neighborhood with no HOA.

At $250/sqft, this home is priced 17% above the Round Rock active market average of $214/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2118 Elder Pl, Round Rock, TX 78664

Property Details

Price $300,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,200 sqft
Lot Size 0.26 acres (11,369.16 sqft)
Year Built 1986
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision South Creek Sec 13
County Williamson
Zip Code 78664
$/sqft $250/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $5,217.33
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239185720
List Date July 8, 2026
Elementary School Callison
Middle School CD Fulkes
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
2508 Willow Way
South Creek
$300,000 $221 3 bd / 2 ba 1,356 sqft , 2026-05-29
1626 Parkfield Cir
Windy Park Sec 2
$300,000 $211 3 bd / 3 ba 1,423 sqft , 2026-05-29
2328 Friarcreek Loop
Greenlawn Place
$300,000 $222 3 bd / 2 ba 1,353 sqft , 2026-06-03
1810 Courtney Cv
Greenlawn Place Sec 02
$308,500 $212 3 bd / 2 ba 1,456 sqft , 2026-06-11
711 Rolling Oak Dr #123
Turtle Creek Enclave
$290,999 $201 2 bd / 2 ba 1,448 sqft , 2026-08-07

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
$1,440/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
$60,000
20% conventional investment loan

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

Estimated Gross Rent+$1,440
Principal + Interest−$1,637
Property Tax (~2.1% TX avg)−$525
Insurance (~0.5%)−$125
Est. Monthly Cash Flow $-847

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 9, 2026.

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