Active Listing  ·  39 days on market

2851 Angelina Dr

Round Rock, TX 78665
$399,990
3 Bed 2 Bath 1,730 sqft $231/sqft Built 2012 0.15 acres 2-Car Garage Pool Paloma Lake Sec 18

Experience the sought-after master-planned community of Paloma Lake, known for its top-rated schools, including an elementary school within the neighborhood, scenic walking trails, a fishing pond, and excellent community amenities.

This well-maintained three-bedroom, two-bathroom home also includes a flexible space off the living area that's perfect for a home office, playroom, or second living area. High ceilings and a thoughtful floor plan create an open, comfortable feel throughout the home.

The kitchen is designed for both everyday living and entertaining, featuring custom soft-close cabinetry, a gas cooktop, granite countertops, a large center island, and upgraded KitchenAid appliances installed in 2024.

Recent updates throughout the home include extra-wide luxury vinyl plank flooring, fresh interior paint, new toilets, and upgraded LED lighting and ceiling fans.

The spacious primary suite offers a relaxing retreat with a soaking tub, separate glass-enclosed shower, dual vanities, and updated floor tile. The secondary bedrooms provide flexibility for family, guests, or additional workspace.

Outside, the backyard is set up for relaxing and entertaining with a covered patio, custom flagstone patio, updated landscaping, a new privacy fence (2025), and a newly added side walkway. Additional improvements include a Class 4 impact-resistant shingle roof installed in 2025.

Residents of Paloma Lake enjoy access to two pools, two amenity centers, multiple parks, walking trails, and a stocked fishing lake, offering plenty of opportunities to enjoy the neighborhood. For more info, go to: https://wkf.ms/4vjmCNB

At $231/sqft, this home is priced 8% above the Round Rock active market average of $214/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2851 Angelina Dr, Round Rock, TX 78665

Property Details

Price $399,990
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,730 sqft
Lot Size 0.15 acres (6,494.8 sqft)
Year Built 2012
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Paloma Lake Sec 18
County Williamson
Zip Code 78665
$/sqft $231/sqft
Days on Market ,
HOA $220/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239090023
List Date July 15, 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
3632 Rosalina Loop
Paloma Lake
$400,000 $194 3 bd / 2 ba 2,060 sqft , 2026-08-07
3602 Esperanza Dr
Paloma Lake Sec 20A
$400,000 $180 3 bd / 2 ba 2,217 sqft , 2026-07-28
2220 Pearson Way
Settlers Crossing Sec 01
$399,850 $174 4 bd / 2 ba 2,302 sqft , 2026-08-15
2704 Santa Ana Ln
Paloma Lake Sec 5
$395,000 $197 3 bd / 2 ba 2,009 sqft , 2026-06-19
3348 Lauren Nicole Ln
Madsen Ranch
$409,000 $193 4 bd / 3 ba 2,122 sqft , 2026-07-21

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
$1,920/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
$79,998
20% conventional investment loan

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

Estimated Gross Rent+$1,920
Principal + Interest−$2,183
Property Tax (~2.1% TX avg)−$700
Insurance (~0.5%)−$167
Est. Monthly Cash Flow $-1,130

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 16, 2026.

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