Active Listing  ·  74 days on market

1011 Serenada Dr

Georgetown, TX 78628
$410,500
4 Bed 3 Bath 1,846 sqft $222/sqft Built 1983 0.35 acres Pool Serenada East Unit 03

Discover the charm of Serenada, an established Georgetown neighborhood known for mature trees, no HOA, a low tax rate, and the flexibility of the ETJ. A freshly painted exterior creates a bright, welcoming first impression and adds to the charm of this move-in-ready home. From the moment you arrive, the refreshed look invites you to step inside and imagine making it your own.

This 4-bedroom, 3-bathroom home offers a rare and versatile layout with two private primary suites which is ideal for multigenerational living, extended-stay guests, a home office, or added privacy. The spacious living area features a cozy fireplace and flows into a generously sized kitchen with abundant cabinetry, ample counter space, and a stove with a built-in air fryer installed in 2024. Beautiful tile flooring extends throughout the home, complemented by fresh interior paint, updated lighting, and two new bathtubs completed in 2026. The second primary suite, thoughtfully created during the 2020 garage conversion, includes a large walk-in closet and private en-suite bathroom, while the original primary suite also offers its own full bath. Major improvements include a durable metal roof and covered carport added in 2020, tankless and traditional water heaters installed in 2026, and numerous updates throughout. The owners also invested in extensive drainage improvements, including a drainage ditch, berm, and French drain through the raised flower beds. Outside, mature oak trees provide shade and character, creating an inviting setting for relaxing or entertaining. With four bedrooms, three full bathrooms, two private suites, thoughtful updates, and no HOA, this Serenada home offers exceptional flexibility and value!

At $222/sqft, this home is 3% below the Georgetown active market average of $229/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1011 Serenada Dr, Georgetown, TX 78628

Property Details

Price $410,500
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 1,846 sqft
Lot Size 0.35 acres (15,246 sqft)
Year Built 1983
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Serenada East Unit 03
County Williamson
Zip Code 78628
$/sqft $222/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,282.51
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238867533
List Date July 10, 2026
Elementary School Raye McCoy
Middle School Douglas Benold
High School Georgetown
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.

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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 10, 2026 $435,000
Previous ask $424,000
Current ask $410,500
Reduced $24,500 (-5.6%) 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
29000 COLONIAL Dr
BERRY CREEK 6 RESUB
$450,000 $239 3 bd / 2 ba 1,881 sqft , 2026-09-09
4120 Granada Dr
Serenada Country Estates
$465,000 $213 3 bd / 2 ba 2,182 sqft , 2026-07-20

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
$1,970/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
$82,100
20% conventional investment loan

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

Estimated Gross Rent+$1,970
Principal + Interest−$2,240
Property Tax (~2.1% TX avg)−$718
Insurance (~0.5%)−$171
Est. Monthly Cash Flow $-1,159

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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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 September 21, 2026.

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