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$1,057,103

NAL Estimated Property Value

3605 Penwood Cv, Round Rock, TX, 78664

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths4,364 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$211.96 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Private PoolPrivate Pool

Building Information

Year Built2002
Stories2
Garage Spaces2

Land Information

APNR-16-3898-000A-0026
Lot Number26
SubdivisionForest Creek
Land UseResidential
Legal DescriptionS7495 - FOREST CREEK SEC 21, BLOCK A, LOT 26
Census Tract020814
Assessed Land Value$208,500
Assessed Improvement Value$848,603
Assessment Year2025

About this property

This is your opportunity to own a gorgeous home on an estate-sized lot in Forest Creek that backs directly to the golf course! This home has 5 bedrooms, but one is currently being used as an office. Both the primary bedroom and extra bedroom are both downstairs. The front sitting room/flex space are both open and perfect for entertaining! The main living room opens to the kitchen and breakfast nook. It has soaring ceilings, a gas fireplace and the massive windows overlook the stunning backyard! There are 3 bedrooms upstairs with one being separated by a Jack-n-Jill bathroom. Upstairs also features a huge game room, a media room, massive storage space, and the third upstairs bedroom with it's own full bathroom. The highlight of this whole home is the outside space. This home sits at the back of a cul-de-sac. It has a large driveway perfect for hoops or parking many cars. The backyard is an oasis. The back deck is composite decking. There is plenty of space for dining and relaxing! The home has a spa nestled under the trees. It has a gorgeous pool with plenty of space around the pool for relaxing including a pergola for extra dining space. Beside the pool area is an activity area that is currently being used with a fire pit, but could easily hold a playscape, trampoline, or be used for many other things. This home backs to the golf course. It's covered in an ample amount of mature trees for privacy. This home is truly a gem in Forest Creek! This home is close to grocery shopping, restaurants, the new Kalahari, Dell, 30 minutes from Tesla, the airport, downtown Austin, and so much more! https://tours.kellycolson.com/e/ZnVSyKQ?b=0

Investor Tools

Property Icon
$1,057,103
Estimated Property Value
$821,021Estimated Mortgage Balance
$237,654Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,343 /month
Positive
Cash Flow Estimate:
$2,114 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,619/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,137
$1,057,103
2025
$208,500
$848,603
$1,057,103
No

Tax History

Year
Tax Paid
Assessed Value
2025
$14,137
$1,057,103

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$902,500
No
First
Jul 8, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$821,021
$236,082
22%
78%
$5,411/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Round Rock

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3605 Penwood Cv | Property Details | No Agent List