Active Listing  ·  13 days on market

1016 Steele Summit Rd

Georgetown, TX 78628
$571,175
4 Bed 3 Bath 2,399 sqft $238/sqft Built 2026 0.16 acres 2-Car Garage Pool Crescent Bluff

New Construction | 1 Story | 2,399 Sq Ft | 4 Bed | 3 Bath | Study | Available Early 2027 | The Hampton is a thoughtfully designed single-story home offering 2,399 square feet of comfortable living space. Featuring 4 bedrooms, 3 bathrooms, a dedicated study, and a 2-car garage, this floor plan blends functionality and flexibility for today's lifestyle. The open-concept layout connects the kitchen, dining area, and family room, creating an inviting space for everyday living and entertaining. The kitchen features a large island, generous storage, and modern finishes, while a built-in pet food nook adds convenience for furry family members. The private primary suite serves as a relaxing retreat with a spa-inspired bath, featuring dual vanities, a soaking tub, a walk-in shower, and a spacious walk-in closet. Secondary bedrooms are thoughtfully positioned for privacy, have their own walk-in closets, and have easy access to full bathrooms. With its smart design and flexible living options, the Hampton offers a balance of comfort, style, and functionality. Photos are representative of floor plan only.

At $238/sqft, this home is priced 4% 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

1016 Steele Summit Rd, Georgetown, TX 78628

Property Details

Price $571,175
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,399 sqft
Lot Size 0.16 acres (7,008.8 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Crescent Bluff
County Williamson
Zip Code 78628
$/sqft $238/sqft
Days on Market ,
HOA $53/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT251301230
List Date October 30, 2026
Elementary School San Gabriel
Middle School James Tippit
High School Georgetown
School District Georgetown ISD

Georgetown ISD

San Gabriel · James Tippit · 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.

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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
409 Dorothy Mae Cir
Parkside on the River
$568,715 $252 4 bd / 3 ba 2,256 sqft , 2026-10-06
212 Scenic Hills Cir
Crescent Bluff
$589,000 $227 4 bd / 4 ba 2,600 sqft , 2026-09-16
1129 Cole Estates Dr
Cole Estates
$545,000 $246 4 bd / 3 ba 2,218 sqft , 2026-10-15
605 Ridge Point Dr
Crescent Bluff
$598,900 $191 4 bd / 3 ba 3,140 sqft , 2026-04-23
3125 Holy Hl
Parkside on the River
$599,900 $249 4 bd / 3 ba 2,410 sqft , 2026-07-28

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
$2,742/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
$114,235
20% conventional investment loan

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

Estimated Gross Rent+$2,742
Principal + Interest−$3,117
Property Tax (assumed ~2.1%)−$1,000
Insurance (assumed ~0.5%)−$238
Est. Monthly Cash Flow $-1,613

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 · 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 2, 2026.

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

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