Active Listing  ·  120 days on market

2118 Rachel Ln

Round Rock, TX 78664
$315,000
4 Bed 2 Bath 2,127 sqft $148/sqft Built 2006 0.12 acres 2-Car Garage Pool Enclave/Town Center Ph 02

Conveniently located near SH45 and I-35, this home offers quick access to shopping, restaurants, and Randall’s just minutes away. The bright open floor plan features high ceilings, spacious living and dining areas, and a light-filled kitchen with a center island and plenty of counter space. The private primary suite is separated from the other three bedrooms, and durable luxury vinyl plank flooring runs through the main living areas with tile in the kitchen and wet spaces. A comfortable, well-designed home in a great location — come take a look. Buyer is encouraged to perform their own inspections. Seller is open to reasonable buyer requests. Listing agent has an ownership interest. Seller will choose the title company for this transaction! Seller is providing a 1-year home warranty for added peace of mind. Buyer is encouraged to perform their own inspections. Seller is open to reasonable buyer requests.

At $148/sqft, this home is 29% below the Round Rock active market average of $208/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2118 Rachel Ln, Round Rock, TX 78664

Property Details

Price $315,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 2,127 sqft
Lot Size 0.12 acres (5,166.22 sqft)
Year Built 2006
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Enclave/Town Center Ph 02
County Williamson
Zip Code 78664
$/sqft $148/sqft
Days on Market ,
HOA $23.1/Monthly
Annual Tax Est. $6,015.38
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT235618050
List Date June 10, 2026
Elementary School Gattis
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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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · June 10, 2026 $324,000
Previous ask $316,000
Current ask $315,000
▼ Reduced $9,000 (-2.8%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
1422 Green Terrace Dr
Greenslopes At Lakecreek Sec 10A
$315,000 $194 3 bd / 3 ba 1,624 sqft , 2026-05-22
2346 Friarcreek Loop
Greenlawn Place Sec 03 Resub Blk H
$314,000 $193 3 bd / 2 ba 1,626 sqft , 2026-07-02
605 Hawthorne Ln
SOUTH CREEK SEC 6
$316,000 $205 3 bd / 2 ba 1,539 sqft , 2026-10-02
1709 Southeastern Trl
Greenlawn Place Resub
$310,000 $179 3 bd / 2 ba 1,735 sqft , 2026-09-12
1519 Plume Grass Pl
Round Rock Ranch B Ph 01 Sec 0
$320,000 $170 4 bd / 3 ba 1,880 sqft , 2026-06-25

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
$1,512/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
$63,000
20% conventional investment loan

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

Estimated Gross Rent+$1,512
Principal + Interest−$1,719
Property Tax (~2.1% TX avg)−$551
Insurance (~0.5%)−$131
Est. Monthly Cash Flow $-889

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 17, 2026.

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