Active Listing  ·  26 days on market

3602 Esperanza Dr

Round Rock, TX 78665
$400,000
3 Bed 2 Bath 2,217 sqft $180/sqft Built 2014 0.18 acres 2-Car Garage Pool Paloma Lake Sec 20A

PALOMA LAKE | SINGLE STORY ON A CORNER LOT | FRESH PAINT AND REFINISHED WOOD FLOORS | PRIVATE 47 ACRE LAKE COMMUNITY | ROUND ROCK ISD | Welcome to Paloma Lake, one of Round Rock's loved master planned communities, where a private 47-acre catch-and-release lake, two amenity centers with pools, playgrounds, and miles of greenbelt trails are part of daily life. This single-story home sits on a corner lot shaded by mature oaks and arrives move-in ready with fresh interior paint, freshly refinished hardwood floors, and new sod and landscaping. Vaulted ceilings and natural light carry through the open living and dining space, while the kitchen anchors it all with granite counters, an oversized island, a gas range, stainless appliances, and a walk-in pantry. The primary suite is a real retreat with a curved wall of windows, dual vanities, a garden tub, a separate shower, and two closets, and the flexible bonus room off the foyer is ready to become a media room, gym, or second living space. A built-in mudroom bench keeps busy days organized, and the covered back patio overlooks a fully fenced yard with an irrigation system on a brand new controller. Herrington Elementary sits inside the neighborhood, Old Settlers Park is less than a mile away, and Dell Diamond, Kalahari, Round Rock Premium Outlets, and downtown Round Rock are minutes from your door. Easy access to Hwy 79, SH 130, and I 35 keeps commutes to Dell, Samsung, and Austin employers simple. Schedule your showing today!

At $180/sqft, this home is 16% 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

3602 Esperanza Dr, Round Rock, TX 78665

Property Details

Price $400,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,217 sqft
Lot Size 0.18 acres (7,701.41 sqft)
Year Built 2014
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Paloma Lake Sec 20A
County Williamson
Zip Code 78665
$/sqft $180/sqft
Days on Market ,
HOA $182/Quarterly
Annual Tax Est. $7,737.51
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239294623
List Date July 28, 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
2851 Angelina Dr
Paloma Lake Sec 18
$399,990 $231 3 bd / 2 ba 1,730 sqft , 2026-07-15
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
5628 Corsica Loop
Siena
$385,000 $152 4 bd / 3 ba 2,539 sqft , 2026-06-03

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
$80,000
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 20, 2026.

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