Active Listing  ·  6 days on market

809 Lorraine Cv

Round Rock, TX 78665
$640,000
3 Bed 3 Bath 2,616 sqft $245/sqft Built 2018 0.51 acres 3-Car Garage Pool Freeman Park Ph 4

Rare opportunity to own a perfect blend of modern living and natural beauty at 809 Lorraine Cv. home. This gem on a spacious half acre lot backs to a tranquil greenbelt with mature trees and an oversized covered porch, offering an idyllic outdoor escape and plentiful shade. As you enter, you'll be welcomed by a grand foyer with coffered ceilings, leading to an open, but functional layout. Wood floors, high ceilings, and crown molding elevate the home throughout all living areas. A welcoming stone fireplace in the living room creates a cozy ambiance, while the dedicated office and versatile secondary living area add practicality. The heart of the home is the elegant kitchen, a culinary haven equipped with granite countertops, white shaker cabinets, and an oversized island, perfect for entertaining. Upgraded appliances include a built-in oven / microwave and a 5-burner cooktop. The primary bedroom offers a tray ceiling and a spacious primary bathroom complete with dual closets. Four sides of masonry and upgraded R42 insulation showcase exceptional craftsmanship. Other features include a fully irrigated yard, a water softener, and a rare 3-car garage. The property is conveniently located within walking distance to the neighborhood park, Brushy Creek Trail, Kalahari Indoor Water Park, and a short drive to Settler's Park, Dell Diamond. Major Employers nearby Samsung, Dell, Tesla. 15 mins to Domain & 30 minutes to ABIA. Excellent RRISD Schools.

At $245/sqft, this home is priced 18% above the Round Rock active market average of $208/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

809 Lorraine Cv, Round Rock, TX 78665

Property Details

Price $640,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,616 sqft
Lot Size 0.51 acres (22,010.87 sqft)
Year Built 2018
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Freeman Park Ph 4
County Williamson
Zip Code 78665
$/sqft $245/sqft
Days on Market ,
HOA $175/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248414793
List Date October 2, 2026
Elementary School Blackland Prairie
Middle School Ridgeview
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.

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
3040 Freeman Park Dr
Freeman Park Ph 3
$639,900 $242 4 bd / 3 ba 2,648 sqft , 2025-11-28
3750 E Palm Valley Blvd #38
Diamond Oaks Condos
$638,000 $184 4 bd / 5 ba 3,475 sqft , 2026-09-04
3012 Freeman Park Dr
FOREST GROVE
$624,900 $203 3 bd / 3 ba 3,082 sqft , 2026-07-24
525 Golden Creek Dr
Sonoma Sec 09
$559,900 $195 4 bd / 3 ba 2,872 sqft , 2026-07-29
4009 Sable Oaks Dr
Forest Crk Ph 05
$549,900 $195 4 bd / 3 ba 2,820 sqft , 2026-06-29

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
$3,072/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
$128,000
20% conventional investment loan

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

Estimated Gross Rent+$3,072
Principal + Interest−$3,493
Property Tax (~2.1% TX avg)−$1,120
Insurance (~0.5%)−$267
Est. Monthly Cash Flow $-1,808

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 October 3, 2026.

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