Active Listing  ·  2 days on market

2920 Salvador Ln

Round Rock, TX 78665
$365,000
3 Bed 2 Bath 1,766 sqft $207/sqft Built 2013 0.15 acres 2-Car Garage Pool Paloma Lake

Welcome home, where comfort, functionality, & outdoor living come together beautifully. From the moment you step inside, you'll appreciate the spacious open floor plan, rich wood flooring, & abundant natural light that create an inviting atmosphere throughout the main living areas. The open kitchen offers granite counters, abundant cabinetry, large center island with seating, SS appliances, including fridge. The built-in office nook is the perfect spot for working from home, managing household tasks, or pursuing a favorite hobby while staying connected to the rest of the home. The private primary suite offers a relaxing retreat, while the secondary bedrooms provide flexibility for guests, family, or hobbies. The mudroom valet adds storage and organization, keeping totes, umbrellas, and shoes close at hand. Step outside & you'll discover a custom pergola with retractable privacy screens that transforms the extended covered patio into an outdoor living room, complete with a built-in stone fire pit, string lighting, and gathering spaces. The patio includes a smoker and grill to create a year-round outdoor living experience, whether you're hosting friends, enjoying football Saturdays, or simply unwinding with a cup of coffee in the morning. The oversized garage offers extra space for a workshop or storage. It includes a Kinetico whole-home water softener and filtration system, while the newly installed whisper-drive garage door opens with MyQ for modern convenience. ADA features include wide doorways, no-step/zero-entry exterior doors, grab bars, & roll-in sink cabinets. Paloma Lake’s lakeside amenities are a 90-second drive away. Enjoy nearly 5 miles of scenic trails connecting two amenity centers with pools, a fishing lake, pickleball, volleyball, and basketball courts, a splash pad, playgrounds, parks, and social events. Enjoy easy access to Toll 130 and 45, and reach four grocery stores, medical centers, and shopping destinations in 7-15 minutes.

At $207/sqft, this home is 3% 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

2920 Salvador Ln, Round Rock, TX 78665

Property Details

Price $365,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,766 sqft
Lot Size 0.15 acres (6,516.58 sqft)
Year Built 2013
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Paloma Lake
County Williamson
Zip Code 78665
$/sqft $207/sqft
Days on Market ,
HOA $182/Quarterly
Annual Tax Est. $7,109.63
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243875295
List Date August 21, 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
5809 Bellissima Way
Siena Sec 8
$370,000 $190 4 bd / 2 ba 1,950 sqft , 2026-05-28
5636 Corsica Loop
Siena Sec 2
$355,000 $180 3 bd / 2 ba 1,967 sqft , 2026-08-19
6289 Mantalcino Dr
Siena Sec 28
$375,000 $199 3 bd / 2 ba 1,882 sqft , 2026-05-22
3543 Pauling Loop
Madsen Ranch Ph 1
$379,900 $208 3 bd / 2 ba 1,829 sqft , 2026-07-03
5816 Sardinia Dr
Siena Ph 1 Sec 24
$350,000 $188 3 bd / 2 ba 1,864 sqft , 2026-05-13

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
$1,752/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
$73,000
20% conventional investment loan

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

Estimated Gross Rent+$1,752
Principal + Interest−$1,992
Property Tax (~2.1% TX avg)−$639
Insurance (~0.5%)−$152
Est. Monthly Cash Flow $-1,031

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 →