About This Home

Home office with French doors set at two-story entry. Two-story family room opens to kitchen and morning area. Kitchen features 5-burner gas cooktop, large walk-in pantry and generous island with built-in seating space. Family room features wall of windows. First-floor primary suite includes bedroom with wall of windows. Dual sinks, garden tub, separate glass-enclosed shower and large walk-in closet in primary bath. Game room and all secondary bedrooms are upstairs. Extended covered backyard patio. Two-car garage.

At $246/sqft, this home is priced 9% above the Georgetown active market average of $226/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

104 Forgiven Magdalene Path, Georgetown, TX 78628

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Property Details

Price $599,900

Status Active Listing

Beds 4

Full Baths 2

Half Baths 1

Living Area 2,442 sqft

Lot Size 0.06 acres (2,443.72 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Parkside on the River

County Williamson

Zip Code 78628

$/sqft $246/sqft

Days on Market ,

HOA $840/Annually

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT242940610

List Date August 10, 2026

Elementary School Wolf Ranch Elementary

Middle School James Tippit

High School East View

School District ,

Have Questions About This Property?

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

209 Amber Oak Ln
Parkside on the River $599,900 $231 4 bd / 3 ba 2,594 sqft , 2026-04-30

1133 Pansy Trl
Parkside on the River $599,900 $252 4 bd / 3 ba 2,381 sqft , 2026-06-03

1421 Pansy Trl
Parkside on the River $599,900 $240 4 bd / 3 ba 2,504 sqft , 2026-07-10

1417 Purple Petunia Ln
Parkside On The River $599,988 $259 4 bd / 3 ba 2,319 sqft , 2026-05-06

1200 Scenic Green Loop
Parkside/River Ph 2 Sec 5 & 6 $599,995 $232 4 bd / 3 ba 2,585 sqft , 2026-07-23

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

$2,880/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

$119,980

20% conventional investment loan

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

Estimated Gross Rent+$2,880

Principal + Interest−$3,274

Property Tax (~2.1% TX avg)−$1,050

Insurance (~0.5%)−$250

Est. Monthly Cash Flow $-1,694

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 →

About the Author

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 12, 2026.

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

104 Forgiven Magdalene Path

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Georgetown, TX

More Luxury Homes in Georgetown

104 Forgiven Magdalene Path

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Georgetown, TX

More Luxury Homes in Georgetown

Explore Austin Real Estate