Active Listing  ·  38 days on market

101 Canyon Lake Ln

Georgetown, TX 78628
$623,500
4 Bed 3 Bath 3,012 sqft $207/sqft Built 2014 0.21 acres 2-Car Garage Pool Parkside at Mayfield Ranch

Welcome to 101 Canyon Lake Lane in Georgetown’s Parkside at Mayfield Ranch community. This spacious, well-maintained one-owner home offers approximately 3,012 square feet with 4 bedrooms, 3 full baths, 2 living areas, and 2 dining areas, giving you plenty of room to live, gather, work, and entertain.

The heart of the home is the expansive kitchen, featuring a large granite island, double ovens, abundant counter space, and a layout that opens beautifully to the main living area. Crown molding in the entry, dining area, private office and primary suite adds an elegant touch, while the generous floor plan provides both comfort and flexibility.

The primary suite includes a spacious ensuite bath, and one of the secondary bedrooms also features its own ensuite bathroom, making it ideal for guests, multigenerational living, or added privacy. A huge laundry room, sunroom, and multiple living and dining spaces add even more function to this already impressive home.

Situated on a large lot, the outdoor space offers an extended covered patio, an extended sidewalk that wraps around the home, and plenty of room to enjoy the backyard. The property is just a short walk to Parkside Elementary and only steps from the neighborhood mailbox. Located within Leander ISD and close to community conveniences, this home offers space, comfort, and a fantastic location in one of Georgetown’s desirable west-side neighborhoods.

At $207/sqft, this home is 8% below the Georgetown active market average of $226/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

101 Canyon Lake Ln, Georgetown, TX 78628

Property Details

Price $623,500
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 3,012 sqft
Lot Size 0.21 acres (8,938.51 sqft)
Year Built 2014
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Parkside at Mayfield Ranch
County Williamson
Zip Code 78628
$/sqft $207/sqft
Days on Market ,
HOA $145/Quarterly
Annual Tax Est. $12,196.14
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239189494
List Date July 9, 2026
Elementary School Parkside
Middle School Stiles
High School Rouse
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 · July 9, 2026 $625,000
Current ask $623,500
Reduced $1,500 (-0.2%) 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
4013 Waxahachie Rd
Edgewood
$624,990 $194 5 bd / 4 ba 3,221 sqft , 2026-07-01
821 Purmela St
Edgewood
$619,990 $223 4 bd / 4 ba 2,785 sqft , 2026-07-27
809 Purmela St
Edgewood
$629,990 $196 4 bd / 4 ba 3,221 sqft , 2026-05-14
4020 Fulton Dr
Edgewood
$612,990 $217 4 bd / 3 ba 2,821 sqft , 2026-07-27
4009 Waxahachie Rd
Edgewood
$599,990 $178 5 bd / 4 ba 3,365 sqft , 2026-07-01

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
$2,993/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
$124,700
20% conventional investment loan

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

Estimated Gross Rent+$2,993
Principal + Interest−$3,403
Property Tax (~2.1% TX avg)−$1,091
Insurance (~0.5%)−$260
Est. Monthly Cash Flow $-1,761

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

More Luxury Homes in Georgetown

Loading…
View All Luxury Homes →
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 · 30 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. This page was last updated on August 8, 2026.

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