Active Listing  ·  246 days on market

1017 Sunset Hill Way

Georgetown, TX 78628
$649,900
4 Bed 4 Bath 2,944 sqft $221/sqft Built 2026 0.18 acres 3-Car Garage Pool Parkside on the River West

Home office with French doors set entry. Media room with French doors off extended entry. Formal dining room flows into open family room with wall of windows. Kitchen features corner walk-in pantry, a 5-burner gas cooktop, a coffee bar, and generous island with built-in seating space. Adjoining morning area features wall of windows. Primary suite includes double-door entry to primary bath with dual vanities, a freestanding tub, separate glass-shower and two walk-in closets. Guest suite offers private bath. High ceilings and abundant closet space add to this spacious four-bedroom design. Extended covered backyard patio. Mud room off three-car garage.

At $221/sqft, this home is 3% below the Georgetown active market average of $228/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1017 Sunset Hill Way, Georgetown, TX 78628

Property Details

Price $649,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,944 sqft
Lot Size 0.18 acres (7,801.6 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Parkside on the River West
County Williamson
Zip Code 78628
$/sqft $221/sqft
Days on Market ,
HOA $840/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT222172401
List Date March 11, 2026
Elementary School Parkside
Middle School Stiles
High School Rouse
School District Leander ISD

Leander ISD

Parkside · Stiles · Rouse

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 · March 11, 2026 $919,900
Previous ask $665,900
Current ask $649,900
▼ Reduced $270,000 (-29.4%) 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
1329 White Daisy Ln
AUS - Parkside on the River
$649,900 $201 4 bd / 4 ba 3,227 sqft , 2026-05-11
1524 Snowdrop Dr
Parkside On The River
$649,990 $259 4 bd / 3 ba 2,510 sqft , 2026-05-29
4104 Waxahachie Rd
Edgewood
$649,990 $188 4 bd / 4 ba 3,456 sqft , 2026-10-07
324 Autumn Oak Way
Parkside on the River
$650,000 $199 5 bd / 4 ba 3,267 sqft , 2026-09-03
817 Purmela St
Edgewood
$639,990 $199 5 bd / 4 ba 3,221 sqft , 2026-08-26

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
$3,120/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
$129,980
20% conventional investment loan

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

Estimated Gross Rent+$3,120
Principal + Interest−$3,547
Property Tax (assumed ~2.1%)−$1,137
Insurance (assumed ~0.5%)−$271
Est. Monthly Cash Flow $-1,835

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 9, 2026.

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

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