Active Listing  ·  73 days on market

2118 Rachel Ln

Round Rock, TX 78664
$316,000
4 Bed 2 Bath 2,127 sqft $149/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 $149/sqft, this home is 30% 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

2118 Rachel Ln, Round Rock, TX 78664

Property Details

Price $316,000
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 $149/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 $319,888
Current ask $316,000
Reduced $8,000 (-2.5%) 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
2346 Friarcreek Loop
Greenlawn Place Sec 03 Resub Blk H
$314,000 $193 3 bd / 2 ba 1,626 sqft , 2026-07-02
1520 Clearview Loop
Greenslopes At Lakecreek Sec 08
$319,900 $206 3 bd / 3 ba 1,554 sqft , 2026-05-29
605 Hawthorne Ln
SOUTH CREEK SEC 6
$320,000 $208 3 bd / 2 ba 1,539 sqft , 2026-08-18
1810 Courtney Cv
Greenlawn Place Sec 02
$308,500 $212 3 bd / 2 ba 1,456 sqft , 2026-06-11
1507 Fort Lloyd Pl
Round Rock Ranch Ph 01 Sec 03B
$324,000 $192 4 bd / 2 ba 1,684 sqft , 2026-06-19

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
$1,517/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
$63,200
20% conventional investment loan

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

Estimated Gross Rent+$1,517
Principal + Interest−$1,725
Property Tax (~2.1% TX avg)−$553
Insurance (~0.5%)−$132
Est. Monthly Cash Flow $-893

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 August 6, 2026.

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