Active Listing  ·  110 days on market

2927 San Milan Pass

Round Rock, TX 78665
$674,500
4 Bed 3 Bath 3,240 sqft $208/sqft Built 2017 0.23 acres 4-Car Garage Pool Paloma Lake Sec 12

4-Car Garage. Discover luxury and scale in this meticulously maintained, 2017-built Highland Home. Nestled on an expansive 70' x 165' greenbelt lot (no house behind) with ample room for a private pool. This 4-sided brick residence offers a sophisticated open-concept layout with high ceilings and recent hardwood flooring. The chef’s kitchen is a focal point, featuring a massive island, granite countertops, upgraded cabinetry, natural gas cooking, and premium, recent KitchenAid appliances. Low 1.8997% tax rate. Recent paint, front door, cabinetry, and landscaping. 4 bedrooms plus an office, 3 full baths, and a game room. 3 living total and 2 dining. Guest room with a full bath conveniently located downstairs. Retreat to the primary suite, which highlights an oversized walk-in shower, a garden tub, double vanities, and a huge custom walk-in closet. HOA amenities include a 47-acre lake, fishing piers, two amenity centers, multiple pools, parks, playgrounds, multiple sports courts, including pickleball and basketball, sand volleyball, a splash pad/splash park for children, 200+ acres of green space, and an extensive trail system with hike/bike trails. The Refrigerators, the backup generator, the water softener, the garage slat wall, and the washer/dryer ALL convey. Full sprinkler system. Fenced backyard. Electric is powertochoose.org. Water and Sewer are provided by Paloma Lake MUD #1. Trash is Republic Services. Gas is Atmos Energy. Internet is AT&T Fiber or Spectrum, 3 miles from H-E-B Plus. Close to shopping, eateries, and major employers. Top-rated, prestigious Round Rock ISD schools. 35 minutes to the airport. 20 minutes to The Domain. 25 minutes to Samsung. 15 minutes to Dell. 21 minutes to Apple. Old Settlers Park is less than a mile away, providing another 645 acres of sports fields, disc golf, and a dog park. Kalahari Resorts is minutes away. HOA Amenity Centers are located at 2961 St Federico Way and 3185 Magellan Way. https://2927sanmilanpass.mls.tours/u/

At $208/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

2927 San Milan Pass, Round Rock, TX 78665

Property Details

Price $674,500
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 3,240 sqft
Lot Size 0.23 acres (9,922.97 sqft)
Year Built 2017
Garage 4 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Paloma Lake Sec 12
County Williamson
Zip Code 78665
$/sqft $208/sqft
Days on Market ,
HOA $186/Quarterly
Annual Tax Est. $11,619
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227985963
List Date May 5, 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.

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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 · May 5, 2026 $698,500
Previous ask $684,500
Current ask $674,500
Reduced $24,000 (-3.4%) 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
2928 San Milan Pass
Paloma Lake Sec 12
$699,000 $207 4 bd / 4 ba 3,380 sqft , 2026-06-01
3343 Pablo Cir
Paloma Lake Sec 14
$649,900 $202 5 bd / 4 ba 3,225 sqft , 2026-07-25
3307 Columbus Way
Paloma Lake
$640,000 $176 4 bd / 4 ba 3,636 sqft , 2026-05-11
3375 Catalina Cv
Paloma Lake Sec 13
$639,000 $238 4 bd / 4 ba 2,684 sqft , 2026-04-01
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
$3,238/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
$134,900
20% conventional investment loan

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

Estimated Gross Rent+$3,238
Principal + Interest−$3,681
Property Tax (~2.1% TX avg)−$1,180
Insurance (~0.5%)−$281
Est. Monthly Cash Flow $-1,904

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 21, 2026.

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