Active Listing  ·  45 days on market

1008 Summer Gln

Georgetown, TX 78628
$485,000
3 Bed 3 Bath 2,367 sqft $205/sqft Built 2023 0.16 acres 2-Car Garage Pool Water Oak North

RECENTLY REDUCED! This beautiful two-story home sits on a premium greenbelt lot and offers the perfect blend of comfort, space, and

scenic surroundings. Featuring 3 bedrooms, 2.5 bathrooms, a dedicated office, and a spacious game room, the layout

is both functional and inviting allowing plenty of natural lighting in every part of the home. The primary suite includes

two walk-in closets and double vanity sinks. Upstairs, enjoy a private balcony overlooking the peaceful greenbelt and

hill views, the perfect spot to relax and unwind. The garage has been extended by 3 feet, allowing for additional

storage, and water softener installed. Community amenities include a nearby pool located just a short walk away and a clubhouse.

Conveniently located within walking distance to the San Gabriel River and just minutes from I-35, Ronald Reagan

Boulevard, major shopping centers, Georgetown Lake, and popular hiking trails, this home combines natural beauty

with everyday convenience. Agent to verify school information. Check Me Out: https://www.homes.com/property/1008-summer-glen-georgetown-tx/13b61jvnjs42q/?tab=1&utm_source=Homes&utm_medium=email&utm_campaign=HM_PDT_B2B_ALL_MatterportNowLive_20250108&utm_id=98200939-f21b-f111-a5f8-5cba2c705840&utm_content=cta

At $205/sqft, this home is 10% 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

1008 Summer Gln, Georgetown, TX 78628

Property Details

Price $485,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,367 sqft
Lot Size 0.16 acres (7,174.33 sqft)
Year Built 2023
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Water Oak North
County Williamson
Zip Code 78628
$/sqft $205/sqft
Days on Market ,
HOA $700/Annually
Annual Tax Est. $12,219.52
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237077649
List Date June 20, 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 →

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 · June 20, 2026 $489,000
Current ask $485,000
Reduced $4,000 (-0.8%) 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
1213 Lakeside Ranch Rd
Lakeside Ph 1
$485,000 $189 4 bd / 3 ba 2,566 sqft , 2026-05-15
211 Prato Pl
Rancho Sienna Sec 18B
$485,000 $188 3 bd / 4 ba 2,575 sqft , 2026-06-09
321 Georgia Lace Trl
Hidden Oak 2
$485,000 $193 4 bd / 3 ba 2,516 sqft , 2026-08-01
245 Rivers Edge Dr
Riverview
$485,070 $231 4 bd / 2 ba 2,098 sqft , 2026-07-01
116 Elm View Dr
Crescent Bluff
$484,900 $224 3 bd / 2 ba 2,167 sqft , 2025-08-25

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
$2,328/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
$97,000
20% conventional investment loan

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

Estimated Gross Rent+$2,328
Principal + Interest−$2,647
Property Tax (~2.1% TX avg)−$849
Insurance (~0.5%)−$202
Est. Monthly Cash Flow $-1,370

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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