Active Listing  ·  68 days on market

1002 Ridge Runner Dr

Georgetown, TX 78628
$480,000
4 Bed 4 Bath 3,023 sqft $159/sqft Built 2023 0.14 acres 2-Car Garage Pool Riverview

Looking for Value? Well you have found it! This is a gorgeous home on a corner lot located in Georgetown’s sought-after Riverview community. Located near Hwy 29 for easy access to get wherever you want to go! This spacious home offers an open, light-filled layout with an oversized kitchen, loft, media room, an en-suite and oversized secondary bedrooms. Enjoy 3.5 baths, a covered patio, fenced yard with no rear neighbors, and plenty of space to relax or entertain. Riverview amenities include a pool, pavilion, volleyball court, and playscape, all just minutes from Wolf Ranch, downtown Georgetown, and an easy commute to Austin.

At $159/sqft, this home is 30% below the Georgetown active market average of $227/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1002 Ridge Runner Dr, Georgetown, TX 78628

Property Details

Price $480,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,023 sqft
Lot Size 0.14 acres (6,272.64 sqft)
Year Built 2023
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Riverview
County Williamson
Zip Code 78628
$/sqft $159/sqft
Days on Market ,
HOA $480/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231750333
List Date May 28, 2026
Elementary School Wolf Ranch Elementary
Middle School James Tippit
High School East View
School District ,

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.

Schedule a Call →

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
204 Swinging H Ln
BERRY CREEK HIGHLANDS
$480,000 $155 5 bd / 4 ba 3,095 sqft , 2026-04-16
216 Scenic Hills Cir
Crescent Bluff
$479,990 $218 4 bd / 3 ba 2,206 sqft , 2025-11-06
613 Buckaroo Dr
Parmer Ranch
$479,935 $198 4 bd / 4 ba 2,425 sqft , 2026-05-14
529 Buckaroo Dr
Parmer Ranch
$479,909 $185 4 bd / 4 ba 2,597 sqft , 2026-04-16
221 Lone Ranger Trl
Wolf Ranch West Ph 4 Sec 6
$479,900 $238 3 bd / 2 ba 2,014 sqft , 2025-09-12

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
$2,304/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
$96,000
20% conventional investment loan

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

Estimated Gross Rent+$2,304
Principal + Interest−$2,620
Property Tax (~2.1% TX avg)−$840
Insurance (~0.5%)−$200
Est. Monthly Cash Flow $-1,356

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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