Active Listing  ·  175 days on market

2157 Paradise Ridge Dr

Round Rock, TX 78665
$450,000
5 Bed 4 Bath 2,953 sqft $152/sqft Built 2006 0.19 acres 2-Car Garage Pool Sonoma Sec 08

BRAND NEW AC UNIT (7/26) plus $20K+ in recent updates (2/26)! Move in ready home! **EXCLUSIVE LENDER CREDITS AVAILABLE**

**EXCLUSIVE LENDER CREDITS AVAILABLE** Welcome home! This beautifully designed residence offers a fabulous layout with plenty of space for living, working, and entertaining. The primary suite is conveniently located downstairs, along with three additional bedrooms, a full bath, and a half bath for guests. Upstairs, you’ll find a large bedroom, full bath, and a spacious game room/additional living area, perfect for a playroom, media room, home office or additional bedroom. The well-appointed kitchen offers ample cabinet and counter space, stainless steel appliances, and an open flow to the living room, dining area, and formal dining room—ideal for hosting and everyday living. Nestled in the sought-after Sonoma community, this home is within walking distance to the neighborhood’s top rated elementary and middle schools, parks, pools, and scenic hike & bike trails. Its prime location offers easy access to shopping, dining, entertainment, and major highways/toll roads.Fully painted with charming upgrades throughout, and laminate wood flooring in the main living and primary areas, this home is move-in ready! Don’t miss your chance—schedule a showing today!*Updated flooring, cabinets, interior paint*

At $152/sqft, this home is 29% 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

2157 Paradise Ridge Dr, Round Rock, TX 78665

Property Details

Price $450,000
Status Active Listing
Beds 5
Full Baths 3
Half Baths 1
Living Area 2,953 sqft
Lot Size 0.19 acres (8,184.92 sqft)
Year Built 2006
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Sonoma Sec 08
County Williamson
Zip Code 78665
$/sqft $152/sqft
Days on Market ,
HOA $600/Annually
Annual Tax Est. $9,576.81
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT220579639
List Date February 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 →

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 · February 28, 2026 $500,000
Previous ask $470,000
Current ask $450,000
Reduced $50,000 (-10.0%) 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
3750 E Palm Valley Blvd #35
Diamond Oaks Condos
$459,000 $238 4 bd / 2 ba 1,928 sqft , 2026-08-20
1700 Fort Grant Dr
Round Rock Ranch Ph 01 Sec 01
$469,900 $185 5 bd / 4 ba 2,534 sqft , 2026-07-01
1181 Forest Bluff Trl
Forest Bluff
$425,000 $113 4 bd / 3 ba 3,757 sqft , 2026-04-02
816 Rusk Rd
Sonoma Sec 06
$425,000 $174 4 bd / 3 ba 2,446 sqft , 2026-05-19
1717 Apache Trl
Round Rock Ranch Ph 01 Sec 02
$425,000 $145 5 bd / 3 ba 2,926 sqft , 2026-08-14

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
$2,160/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
$90,000
20% conventional investment loan

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

Estimated Gross Rent+$2,160
Principal + Interest−$2,456
Property Tax (~2.1% TX avg)−$788
Insurance (~0.5%)−$188
Est. Monthly Cash Flow $-1,272

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 22, 2026.

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