Active Listing  ·  94 days on market

2238 Fernspring Dr

Round Rock, TX 78665
$790,000
5 Bed 5 Bath 4,257 sqft $186/sqft Built 2003 0.24 acres 3-Car Garage Pool Lake Forest 02 Village 01

Welcome to this stunning move-in ready home offering an abundance of living space and a thoughtfully designed floor plan perfect for both everyday living and entertaining. Step inside the impressive foyer where soaring ceilings and a grand staircase create a memorable first impression. Just off the entry, you'll find a formal sitting room and elegant dining room, while the convenient butler's pantry leads into the spacious kitchen featuring pristine white cabinetry, a large island with bar seating, ample counter space, a walk-in pantry, and a sunny breakfast nook. The kitchen flows seamlessly into the inviting living room, complete with a cozy fireplace, dramatic high ceilings, and oversized windows that fill the home with natural light. The private primary suite is conveniently located on the main floor and showcases beautiful bay windows, a spa-like ensuite bath with dual vanities, a soaking tub, a walk-in shower, and an expansive walk-in closet. Also on the first floor you will find another bedroom with it's own ensuite bathroom, walk in closet, and uniquely a secondary entrance from the driveway, which would be perfect as an in-law suite or a professional office space with private entrance to entertain clients.

Upstairs, you'll find generously sized secondary bedrooms along with a massive versatile game room and dedicated media room, providing endless possibilities for recreation, work, or relaxation. Step outside to your own backyard retreat featuring a sparkling swimming pool, spacious deck, covered patio, and plenty of fenced green space for pets or play. Residents enjoy access to exceptional community amenities including a neighborhood pool, parks, playgrounds, scenic walking trails, and sports courts, all while being conveniently located near shopping, dining, and major commuter routes. Discounted rate options and no lender fee future refinancing may be available for qualified buyers of this home

At $186/sqft, this home is 11% 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

2238 Fernspring Dr, Round Rock, TX 78665

Property Details

Price $790,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths 1
Living Area 4,257 sqft
Lot Size 0.24 acres (10,297.58 sqft)
Year Built 2003
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lake Forest 02 Village 01
County Williamson
Zip Code 78665
$/sqft $186/sqft
Days on Market ,
HOA $570/Annually
Annual Tax Est. $15,188.37
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238489836
List Date July 6, 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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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 · July 6, 2026 $850,000
Previous ask $810,000
Current ask $790,000
▼ Reduced $60,000 (-7.1%) 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
1385 Pine Forest Cir
Lake Forest 03 Village 02 Rev
$762,500 $201 4 bd / 4 ba 3,785 sqft , 2026-06-26
2709 Deep River Cir
Lake Forest 03 Village 02 Rev
$749,900 $206 5 bd / 4 ba 3,632 sqft , 2026-09-25
2041 Saint Andrews Dr
Forest Creek
$700,000 $226 5 bd / 3 ba 3,104 sqft , 2026-09-18
2116 Maidstone Cv
Forest Creek Ph 1 Sec 1
$699,000 $201 5 bd / 3 ba 3,479 sqft , 2026-09-28
2260 Fernspring Dr
Lake Forest 02 Village 01
$675,000 $187 4 bd / 4 ba 3,604 sqft , 2026-06-26

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
$3,792/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
$158,000
20% conventional investment loan

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

Estimated Gross Rent+$3,792
Principal + Interest−$4,311
Property Tax (~2.1% TX avg)−$1,383
Insurance (~0.5%)−$329
Est. Monthly Cash Flow $-2,231

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 26, 2026.

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