Active Listing  ·  252 days on market

1004 Scenic Dr

Georgetown, TX 78626
$399,500
3 Bed 2 Bath 1,104 sqft $362/sqft Built 1980 0.20 acres 1-Car Garage Pool South San Gabriel Urban Renewal Blk T

Great home for enjoying all Georgetown has to offer with the San Gabriel River off the bluff of your own backyard. WORLD CLASS SUNSETS! Walking distance to the square easy access to major roads. Hike and bike trails on the greenspace behind are miles of enjoyment to downtown, Blue Hole and Lake Georgetown. Priced like a ordinary home but has an exceptional location and views!

Call with any questions or need something - incentives? Whole new look on this one!

At $362/sqft, this home is priced 59% above the Georgetown active market average of $227/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1004 Scenic Dr, Georgetown, TX 78626

Property Details

Price $399,500
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,104 sqft
Lot Size 0.20 acres (8,712 sqft)
Year Built 1980
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision South San Gabriel Urban Renewal Blk T
County Williamson
Zip Code 78626
$/sqft $362/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,807.71
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT212838789
List Date November 25, 2025
Elementary School Carver
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 →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · November 25, 2025 $459,000
Previous ask $425,000
Current ask $399,500
Reduced $59,500 (-13.0%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
1730 Candee St
Old Mill Village
$385,000 $333 3 bd / 2 ba 1,155 sqft , 2026-02-05
300 San Gabriel Village Blvd #521
Village Park Condo Amd
$379,000 $284 2 bd / 2 ba 1,333 sqft , 2026-02-03
703 Saratoga Ln
Sun City
$375,000 $254 2 bd / 2 ba 1,475 sqft , 2026-03-23
309 Caladium Ct
Crystal Knoll Terrace Pud Unit 01
$375,000 $256 3 bd / 3 ba 1,465 sqft , 2025-10-02
1909 S Pine St
Coffee Add
$374,995 $300 3 bd / 3 ba 1,248 sqft , 2026-05-07

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
$1,918/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
$79,900
20% conventional investment loan

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

Estimated Gross Rent+$1,918
Principal + Interest−$2,180
Property Tax (~2.1% TX avg)−$699
Insurance (~0.5%)−$166
Est. Monthly Cash Flow $-1,127

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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