Active Listing  ·  86 days on market

532 Lookout Tree Ln

Round Rock, TX 78664
$314,900
3 Bed 3 Bath 1,787 sqft $176/sqft Built 2013 0.08 acres 2-Car Garage Pool Turtle Creek Village Ph 02 Sec A

Some homes ask for your weekends. This one gives them back. Welcome to lock-and-leave living in the heart of Round Rock. Easy weekend trips to the Hill Country, the Texas coast, or wherever family takes you. With exterior maintenance handled through the HOA and only a small, low-maintenance fenced courtyard to care for, everyday upkeep stays refreshingly simple, so you can come and go with confidence. When you are home, the location makes everyday life feel easy. Lake Creek Park Trail is just steps from your door, while Brushy Creek Regional Trail and Old Settlers Park are minutes away for morning runs, weekend bike rides, and evening walks. The community pool, playscape, and open green space feel like natural extensions of your own backyard. Shopping, dining, and entertainment along the 79 corridor are close by, with I-35 and both toll roads nearby for an easy drive into Austin or out to the airport. Inside, the home is move-in ready with the updates already done. An open concept layout with rich wood floors, oversized windows, designer lighting, and a modern color palette on the walls and doors creates an elevated feel. The kitchen blends style and function with soft gray cabinetry, a hand-laid designer backsplash, deep granite counters, a chef-style faucet, and a black composite sink, and opens directly to the private backyard. A cozy dining nook sits just off the kitchen. The downstairs primary suite offers the ease of main-level living with a quiet, restful feel. The updated bath features sage green vertical tile, dual rainfall and handheld shower heads, a soaking tub, and double vanities, a peaceful place to start and end the day. Upstairs, a game room gives the home flexibility for movie nights, a workout space, or a second living area. Two additional bedrooms and a full bath create a comfortable wing for family or guests. A home designed for the life you actually want to live. Easy to enjoy, easy to maintain, easy to leave, and even better to come home to.

At $176/sqft, this home is 18% 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

532 Lookout Tree Ln, Round Rock, TX 78664

Property Details

Price $314,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,787 sqft
Lot Size 0.08 acres (3,645.97 sqft)
Year Built 2013
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Turtle Creek Village Ph 02 Sec A
County Williamson
Zip Code 78664
$/sqft $176/sqft
Days on Market ,
HOA $132/Monthly
Annual Tax Est. $5,285.93
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT230252451
List Date May 28, 2026
Elementary School Callison
Middle School CD Fulkes
High School Cedar Ridge
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 28, 2026 $319,900
Current ask $314,900
Reduced $5,000 (-1.6%) 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
2147 Jasmine Path
South Creek
$314,900 $269 3 bd / 2 ba 1,172 sqft , 2026-06-19
2133 Redwing Way
South Creek Sec 16 Amd
$318,900 $233 3 bd / 2 ba 1,369 sqft , 2026-06-26
1701 Logan Dr #38
Turtle Crk Village Condos Bldg 27
$309,900 $250 2 bd / 2 ba 1,242 sqft , 2025-07-17
1520 Clearview Loop
Greenslopes At Lakecreek Sec 08
$319,900 $206 3 bd / 3 ba 1,554 sqft , 2026-05-29
605 Hawthorne Ln
SOUTH CREEK SEC 6
$320,000 $208 3 bd / 2 ba 1,539 sqft , 2026-08-18

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
$1,512/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
$62,980
20% conventional investment loan

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

Estimated Gross Rent+$1,512
Principal + Interest−$1,719
Property Tax (~2.1% TX avg)−$551
Insurance (~0.5%)−$131
Est. Monthly Cash Flow $-889

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 →