Active Listing  ·  49 days on market

104 Lake Mineral Wells Dr

Georgetown, TX 78628
$567,500
4 Bed 3 Bath 3,073 sqft $185/sqft Built 2012 0.20 acres 3-Car Garage Pool Parkside/Mayfield Ranch Sec 09

Pride of ownership shines in this beautifully maintained home loaded with thoughtful updates. Situated in the sought-after Parkside at Mayfield Ranch community, this spacious 4-bedroom, 2.5-bathroom residence offers an open floor plan with a versatile layout. Recent mechanical upgrades provide peace of mind, including: Roof (2021), Water heater (2021), & HVAC/AC (2022) Step inside to find elegant wood flooring. The kitchen is a chef’s dream with maple cabinetry, granite countertops, a center island, and updated appliances. The spacious primary suite features THREE separate closets, an ensuite bonus room great for a nursery or gym, dual vanities, a garden tub, and an oversized walk-in shower.

Enjoy year-round outdoor living with the massive, covered patio, equipped with a wood-burning fireplace. A rare 3-car garage with built-in cabinets adds extra space for storage or a workshop. Community highlights include: 2 pools, parks and playgrounds, scenic walking trails, Highly rated Leander ISD ~ Parkside Elementary (inside the neighborhood), close proximity to Southwest Williamson County Regional Park, Garey Park, shopping, dining, and major roadways. This is more than just a home — it’s a lifestyle in one of the most vibrant and welcoming neighborhoods in the area.

At $185/sqft, this home is 19% 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

104 Lake Mineral Wells Dr, Georgetown, TX 78628

Property Details

Price $567,500
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 3,073 sqft
Lot Size 0.20 acres (8,755.56 sqft)
Year Built 2012
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Parkside/Mayfield Ranch Sec 09
County Williamson
Zip Code 78628
$/sqft $185/sqft
Days on Market ,
HOA $150/Quarterly
Annual Tax Est. $12,843.51
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245350501
List Date September 24, 2026
Elementary School Parkside
Middle School Knox Wiley
High School Rouse
School District Leander ISD

Leander ISD

Parkside · Knox Wiley · 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.

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 · September 24, 2026 $585,000
Current ask $567,500
▼ Reduced $17,500 (-3.0%) 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
832 Purmela St
Edgewood
$569,990 $169 5 bd / 4 ba 3,365 sqft , 2026-04-29
1313 Cypress Paul St
Parkside Peninsula
$574,990 $221 4 bd / 4 ba 2,601 sqft , 2026-04-15
348 Lake Livingston Dr
Parkside At Mayfield Ranch Sec 10
$574,998 $196 4 bd / 3 ba 2,941 sqft , 2026-10-15
165 Lady Bird Ln
Parkside at Mayfield Ranch
$575,000 $179 4 bd / 3 ba 3,212 sqft , 2026-10-19
4013 Waxahachie Rd
Edgewood
$579,990 $180 5 bd / 4 ba 3,221 sqft , 2026-07-01

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
$2,724/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
$113,500
20% conventional investment loan

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

Estimated Gross Rent+$2,724
Principal + Interest−$3,097
Property Tax (assumed ~2.1%)−$993
Insurance (assumed ~0.5%)−$236
Est. Monthly Cash Flow $-1,602

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 10, 2026.

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

Save this home