Active Listing  ·  43 days on market

2834 Diego Ct

Round Rock, TX 78665
$585,000
4 Bed 3 Bath 3,018 sqft $194/sqft Built 2015 0.20 acres 3-Car Garage Pool Paloma Lake Sec 4B

This beautifully maintained Wilshire Home offers an exceptional blend of space, functionality, and convenience. Featuring 4 bedrooms, 3 full bathrooms, multiple living areas, and a dedicated office, this thoughtfully designed single-story floor plan spans over 3,000 square feet and is perfect for both everyday living and entertaining.

Inside, you’ll find flawless luxury vinyl plank flooring, spacious living areas, and a formal dining room complemented by an oversized Butler’s pantry, providing abundant storage and an ideal setup for hosting gatherings. The open-concept kitchen seamlessly connects to the main living space and offers ample cabinetry and workspace.

Additional highlights include a brand-new roof replaced in August 2026, a rare three-car garage, generously sized secondary bedrooms, and the quality craftsmanship and timeless design for which Wilshire Homes is known.

Located within walking distance to Herrington Elementary School, this home also offers access to everything that makes Paloma Lake so special, including a 47-acre lake, miles of walking and biking trails, resort-style pools, parks, playgrounds, and community amenity centers.

At $194/sqft, this home is 9% 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

2834 Diego Ct, Round Rock, TX 78665

Property Details

Price $585,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 3,018 sqft
Lot Size 0.20 acres (8,581.32 sqft)
Year Built 2015
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Paloma Lake Sec 4B
County Williamson
Zip Code 78665
$/sqft $194/sqft
Days on Market ,
HOA $175/Quarterly
Annual Tax Est. $10,509.32
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239527135
List Date July 11, 2026
Elementary School Herrington
Middle School Hopewell
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.

Schedule a Call →

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
2941 Magellan Way
Paloma Lake Sec 17a
$599,000 $170 5 bd / 4 ba 3,524 sqft , 2026-06-19
3236 Hidalgo Loop
Paloma Lake
$599,000 $212 4 bd / 4 ba 2,826 sqft , 2026-07-24
2705 San Milan Pass
Paloma Lake Sec 10
$550,000 $233 3 bd / 2 ba 2,356 sqft , 2026-07-14
2709 Belicia Ln
Paloma Lake Sec 10
$540,000 $188 4 bd / 4 ba 2,866 sqft , 2026-04-23
2944 Clinton Pl
Estates At Settlers Park Sec 2
$632,000 $174 4 bd / 4 ba 3,626 sqft , 2026-02-26

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
$2,808/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
$117,000
20% conventional investment loan

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

Estimated Gross Rent+$2,808
Principal + Interest−$3,193
Property Tax (~2.1% TX avg)−$1,024
Insurance (~0.5%)−$244
Est. Monthly Cash Flow $-1,653

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

More Luxury Homes in Round Rock

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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 15, 2026.

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