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2236 Fernspring DR
About This Property
Recent upgrades enhance both efficiency and value, including a new roof (2021), replaced HVAC system (2025), two new tankless water heaters (2025), replaced primary bedroom carpet in 2022. The upstairs media room has added windows for improved natural light, while fresh interior paint, a refinished deck, and a freshly painted front door contribute to the home's move-in-ready appeal. The kitchen is designed for both beauty and function, complemented by built-in Bose surround sound throughout key living spaces.
Enjoy outdoor living with a covered patio, extended deck, and stone fireplace, all overlooking a scenic setting with mature shade trees. Just moments away, residents have access to a picturesque greenbelt with a creek, walking trails, and charming bridges, along with Lake Forest amenities including a pool, clubhouse, tennis courts, basketball court, pond and parks. The neighborhood is known for its welcoming atmosphere, beautiful executive sized homes, and a place where neighbors connect and take pride in the community. The nearby trails and natural spaces create an ideal setting for both relaxation and recreation right outside your door.
Conveniently located near top-rated Round Rock ISD schools (Blackland Prairie ES, Ridgeview MS and Cedar Ridge HS), Kalahari, Dell Diamond, Dell, Samsung, 30 minutes to the airport and near major highways including 130, Toll 45 and I-35.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 1, 2026 | In contract | - | |
| In contract | |||
| Mar 26, 2026 | Listed by Magnolia Realty Round Rock | $740,000 | |
| Listed by Magnolia Realty Round Rock | |||
| Dec 17, 2021 | No longer available | - | |
| No longer available | |||
| Oct 22, 2021 | Listed by Keller Williams - Austin NW | $749,900 | |
| Listed by Keller Williams - Austin NW | |||
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This five bedroom four-and-a-half bath Round Rock home offers a modern open concept floorplan, bamboo flooring, stainless steel appliances, and granite countertops. The expansive windows provide incredible natural lighting for the entire main level. Other interior amenities include a large media room with Bose surround sound speakers as well as a sizable living room complete with a gas fireplace. Outside you will find a covered patio with a large deck as well as additional stone fireplace to entertain guests or snack on some smores in the cooler months. With a recently installed roof and tankless water heaters you'll rest easy knowing you own a home that shows signs it was well cared for. If you're looking for a luxurious yet cozy home with plenty of space to spread out in, this is it! *New roof in June 2021. Sellers replaced 2 water heaters with tankless units, 2 AC fans, and HVAC several years ago. Fresh interior paint. Security system, Bose surround sound speakers in media room, and mounted storage shelves in garage convey. Any offer will be presented to the sellers starting on Monday. Information is deemed accurate but Buyer or Buyers Agent to verify schools, taxes, and square footage.* The manager has listed the unit size as 3956 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017