Active Listing  ·  1 day on market

2129 Clear Lake Pl

Round Rock, TX 78665
$580,000
5 Bed 4 Bath 3,090 sqft $188/sqft Built 2001 0.25 acres 2-Car Garage Pool Lake Forest Sec 01

Set on a spacious cul-de-sac lot in desirable Lake Forest, this brick home offers exceptional flexibility, extensive recent updates, and a backyard built for entertaining. The private pool with waterfall, covered patio, and generous outdoor space create an ideal setting for both everyday living and gatherings. Inside, the home features a soaring two-story entry and multiple living areas, including a dedicated office, formal living and dining spaces, a family room with fireplace, and additional flex space that can function as a media room, game room, second office, or guest area. The kitchen offers granite countertops, ample workspace, and a breakfast area overlooking the backyard. All five bedrooms are located upstairs, including the primary suite. Recent improvements include modern LVP flooring throughout the first floor in 2026, new toilets throughout in 2026, an updated downstairs half-bath vanity, an upgraded app-controlled irrigation system with a new PRV and improved water pressure, and a completely updated pool filtration system with new pump, filter, and plumbing. Additional updates include new carpet and interior paint in 2025, a new roof in 2024, and upgraded high-end windows installed throughout in 2020. Residents enjoy convenient access to the neighborhood school, park, and community pool, all within walking distance. With substantial square footage, a private pool, numerous recent improvements, and a $580,000 list price, this property offers a compelling opportunity in Lake Forest. An approximately $342,000 assumable loan at a 2.6% interest rate is available with an assumable FHA loan currently on the property!

At $188/sqft, this home is 10% 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

2129 Clear Lake Pl, Round Rock, TX 78665

Property Details

Price $580,000
Status Active Listing
Beds 5
Full Baths 3
Half Baths 1
Living Area 3,090 sqft
Lot Size 0.25 acres (11,020.68 sqft)
Year Built 2001
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lake Forest Sec 01
County Williamson
Zip Code 78665
$/sqft $188/sqft
Days on Market ,
HOA $475/Annually
Annual Tax Est. $11,707.36
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247147019
List Date October 1, 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.

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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
2244 Casper Cv
Forest Crk Sec 09
$575,000 $159 6 bd / 4 ba 3,616 sqft , 2026-04-30
2127 Clear Lake Pl
Lake Forest Sec 01
$599,333 $194 4 bd / 4 ba 3,090 sqft , 2026-07-16
2007 Forest Hill Cv
Lake Forest Sec 01
$599,999 $164 4 bd / 4 ba 3,658 sqft , 2026-05-20
1010 Twin Terrace Ct
Forest Ridge Ph 07A
$614,990 $173 5 bd / 4 ba 3,564 sqft , 2026-06-08
2005 Forest Hill Cv
Lake Forest Sec 01
$629,000 $190 4 bd / 4 ba 3,303 sqft , 2026-08-28

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
$2,784/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
$116,000
20% conventional investment loan

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

Estimated Gross Rent+$2,784
Principal + Interest−$3,165
Property Tax (~2.1% TX avg)−$1,015
Insurance (~0.5%)−$242
Est. Monthly Cash Flow $-1,638

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 October 1, 2026.

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