Active Listing  ·  154 days on market

1001 Scenic Dr

Georgetown, TX 78626
$1,450,000
4 Bed 4 Bath 2,622 sqft $553/sqft Built 2022 0.13 acres 2-Car Garage Pool Plat/Zavala Sub

Just a short walk from Georgetown’s beloved historic Square, this exceptional custom-built Coregon Builders home offers a rare combination of luxury living, walkability, and income-producing potential.

One of the property’s most valuable features is the detached accessory dwelling unit (ADU) above the garage. Complete with its own kitchen, bedroom, bathroom, living space, and dedicated parking, this turnkey guest residence is ideal for hosting family and friends, accommodating multigenerational living, creating a private office, or generating additional income.

The main residence offers more than 2,000 square feet of beautifully appointed living space with an open-concept floor plan, abundant natural light, and stunning finishes throughout. Designed for both entertaining and everyday comfort, the flexible layout includes three bedrooms plus a dedicated office that can easily function as a fourth bedroom, fitness room, media room, or playroom. Secondary bedrooms are connected by a Jack-and-Jill bath, while the upstairs bedroom enjoys the privacy of its own ensuite bath.

Outside, the backyard has been transformed into a private retreat. Mature landscaping, low-maintenance turf, a sparkling pool which can be heated for year round enjoyment and a built-in barbecue area which creates an ideal setting for relaxing weekends and memorable gatherings. A convenient powder bath located just inside from the outdoor living spaces makes pool days and entertaining effortless.

Offering luxury, flexibility, and an unbeatable location just steps from Georgetown’s renowned restaurants, boutiques, coffee shops, and year-round events, this is a truly unique opportunity to own one of downtown Georgetown’s most desirable properties.

At $553/sqft, this home is priced 143% above the Georgetown active market average of $228/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1001 Scenic Dr, Georgetown, TX 78626

Property Details

Price $1,450,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,622 sqft
Lot Size 0.13 acres (5,850.11 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Plat/Zavala Sub
County Williamson
Zip Code 78626
$/sqft $553/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231110413
List Date June 11, 2026
Elementary School Annie Purl
Middle School Charles A Forbes
High School East View
School District Georgetown ISD

Georgetown ISD

Annie Purl · Charles A Forbes · East View

Luke Allen (TREC #788149) has deep knowledge of Georgetown and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Similar Homes on the Market in Georgetown

Comparable Listings Right Now

Homes currently for sale in Georgetown 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
705 W 10th St
West Heaven Sub
$1,300,000 $391 3 bd / 4 ba 3,322 sqft , 2026-06-12
1254 S Church St
Morrow Add
$1,086,500 $410 3 bd / 3 ba 2,650 sqft , 2026-09-25

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
$6,960/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
$290,000
20% conventional investment loan

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

Estimated Gross Rent+$6,960
Principal + Interest−$7,913
Property Tax (assumed ~2.1%)−$2,538
Insurance (assumed ~0.5%)−$604
Est. Monthly Cash Flow $-4,095

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 Georgetown, TX

Georgetown sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Dell Technologies HQ 20 min S
Apple Campus (Domain) 30 min S
Williamson County jobs hub 5-10 min

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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 · 41 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. The written content was last updated on August 17, 2026.

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

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