Active Listing  ·  86 days on market

3504 Esperanza Dr

Round Rock, TX 78665
$525,000
4 Bed 3 Bath 3,090 sqft $170/sqft Built 2014 0.21 acres 2-Car Garage Pool Paloma Lake Sec 20A

Original owner built and meticulously maintained, this stunning Pulte Carissa plan in Paloma Lake checks every box! Thoughtfully designed with both the primary suite AND a secondary bedroom with full bath on the MAIN floor, plus two additional bedrooms, another full bath, and spacious game room upstairs. Originally selected and built with entertaining in mind, the layout allows unobstructed space for an 8’ pool table!

From the moment you walk in, you’ll notice the gorgeous oak hardwood floors, custom built-ins, and abundant storage throughout. The oversized kitchen was designed for entertaining with an easy-flow layout, massive island, and open concept living spaces perfect for gatherings.

The primary suite is truly special — don’t miss the custom closet organizer with soft-close drawers and incredible functionality. Step outside to enjoy the outdoor kitchen, custom deck, and relaxing hot tub, creating the perfect backyard retreat.

One of the standout features is the professionally converted tandem garage turned personal home gym, complete with gym mat flooring, French doors, mini split HVAC system, and flat screen mount.

Welcome to 3504 Esperanza in highly sought-after Paloma Lake, featuring:• Round Rock ISD• Two amenity centers with swimming pools• Four children’s playscapes• Sports courts• Catch-and-release lake with on-site fish camp• Scenic greenbelt hiking trails

We look forward to your visit!

At $170/sqft, this home is 21% 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

3504 Esperanza Dr, Round Rock, TX 78665

Property Details

Price $525,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 3,090 sqft
Lot Size 0.21 acres (9,191.16 sqft)
Year Built 2014
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Paloma Lake Sec 20A
County Williamson
Zip Code 78665
$/sqft $170/sqft
Days on Market ,
HOA $185/Quarterly
Annual Tax Est. $9,170.38
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT228675611
List Date May 29, 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 →

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 29, 2026 $550,000
Previous ask $539,000
Current ask $525,000
Reduced $25,000 (-4.5%) 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
5835 Parma St
Siena Sec 21
$525,000 $168 5 bd / 5 ba 3,130 sqft , 2026-07-30
2474 Santa Barbara Loop
Paloma Lake
$529,000 $159 4 bd / 3 ba 3,336 sqft , 2026-06-02
1531 N Red Bud Ln #24
Chester Ranch Place
$535,424 $230 4 bd / 3 ba 2,326 sqft , 2026-05-01
8093 Arezzo Dr
Siena Sec 25
$512,000 $138 4 bd / 4 ba 3,717 sqft , 2026-08-06
1531 N Red Bud Ln #25
Chester Ranch Place
$510,697 $228 3 bd / 3 ba 2,238 sqft , 2026-05-01

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
$2,520/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
$105,000
20% conventional investment loan

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

Estimated Gross Rent+$2,520
Principal + Interest−$2,865
Property Tax (~2.1% TX avg)−$919
Insurance (~0.5%)−$219
Est. Monthly Cash Flow $-1,483

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 2, 2026.

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