Active Listing  ·  35 days on market

101 Gabriel Woods Dr

Georgetown, TX 78633
$975,000
4 Bed 4 Bath 3,279 sqft $297/sqft Built 2023 2.34 acres 3-Car Garage Pool Gabriels Grove Sec 3

Over 2 acres in West Georgetown! Built in 2023, this single-story home offers 4 bedrooms plus a study/optional 5th bedroom, 3.5 baths, a 3-car garage, and a low ETJ tax rate, all just minutes from Lake Georgetown.

Step inside to tall ceilings, hardwood floors, and an abundance of natural light. The bright, open floor plan connects the kitchen, dining, and living areas, anchored by a fireplace and a wet bar with wine fridge made for entertaining. The kitchen features a large island with breakfast bar, gas cooktop, double ovens, and a walk-in pantry.

The primary suite features a tray ceiling, double vanity, and two walk-in closets. A secondary bedroom with its own private ensuite bath makes an ideal guest suite or multigenerational setup, and the dedicated home office is ready for working from home. No interior steps make everyday living easy.

Outside, unwind on the welcoming front porch or the large covered back porch. The fenced homesite sits on a spacious, level lot, with additional acreage extending beyond for added privacy, more separation from neighbors, and room to grow. The side-entry 3-car garage and extra driveway parking offer plenty of space for vehicles, storage, and toys. City water, septic, and propane.

Enjoy the Texas Hill Country lifestyle without giving up convenience. Lake Georgetown is minutes away for boating, fishing, kayaking, and miles of hiking trails, and Historic Downtown Georgetown Square’s restaurants, shops, and events are an easy drive. Quick access to Williams Dr, Ronald Reagan Blvd, RM 2338, and I-35 makes commuting to Leander, Cedar Park, Round Rock, and Austin simple. Georgetown ISD. Low $600/year HOA.

A Georgetown TX home with acreage, newer construction, and single-story living this close to the lake is a rare find. Schedule your showing today!

At $297/sqft, this home is priced 30% 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

101 Gabriel Woods Dr, Georgetown, TX 78633

Property Details

Price $975,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,279 sqft
Lot Size 2.34 acres (102,061.08 sqft)
Year Built 2023
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Gabriels Grove Sec 3
County Williamson
Zip Code 78633
$/sqft $297/sqft
Days on Market ,
HOA $600/Annually
Annual Tax Est. $13,885.85
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248884471
List Date October 8, 2026
Elementary School Jo Ann Ford
Middle School Douglas Benold
High School Georgetown
School District Georgetown ISD

Georgetown ISD

Jo Ann Ford · Douglas Benold · Georgetown

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 · October 8, 2026 $1,050,000
Previous ask $1,025,000
Current ask $975,000
▼ Reduced $75,000 (-7.1%) 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
135 Gabriel Vis E
Gabriels Grove Sec 01
$920,000 $275 4 bd / 4 ba 3,343 sqft , 2026-05-13
400 Iron Rail Ln
Sun City Texas
$899,000 $315 3 bd / 3 ba 2,850 sqft , 2026-09-30
105 Graystone Ln
Oakland Pk Sub
$849,900 $294 4 bd / 3 ba 2,889 sqft , 2026-03-19
108 Kyle Ln
North Lakewood Sec 04
$799,990 $286 4 bd / 3 ba 2,794 sqft , 2026-09-25
201 Four T Ranch Rd
Four-T Ranch Sec 01
$774,995 $293 4 bd / 4 ba 2,646 sqft , 2026-10-09

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
$4,680/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
$195,000
20% conventional investment loan

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

Estimated Gross Rent+$4,680
Principal + Interest−$5,321
Property Tax (assumed ~2.1%)−$1,706
Insurance (assumed ~0.5%)−$406
Est. Monthly Cash Flow $-2,753

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 · 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 November 11, 2026.

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

Save this home