Active Listing  ·  32 days on market

106 Waterlily Ln

Georgetown, TX 78633
$475,000
3 Bed 2 Bath 2,201 sqft $216/sqft Built 1995 0.22 acres 2-Car Garage Pool Sun City Georgetown Neighborhood 02 Amd B

Entering this Stunning Home, you are welcomed into the beautiful living & dining, featuring a wall of windows with a view that takes your breath away. The remodeled gourmet kitchen has gorgeous granite counters, updated cabinets, appliances, breakfast bar & lots of storage. The great room with a cozy fireplace, is flanked by built in bookcases and open to the kitchen, breakfast area. The remodeled master retreat features a spa bath, double vanity, large walk-in shower with a seat and a walk-in closet. The master bedroom is very large and has a view of the back yard. The home also had two additional bedrooms a split floor plan MIL & a hall bath, indoor laundry, a double car garage and a large screened in patio with a view of the beautiful back lawn. Amenities include, many golf courses, woodworking shop, hiking, swimming, and so much more. Come and see what Sun City has to offer Additional bonus (HVAC 2026, gas range, flooring in bedroom 2&3 and updated lighting in various locations. Come see this beauty!

At $216/sqft, this home is 5% below the Georgetown active market average of $227/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

106 Waterlily Ln, Georgetown, TX 78633

Property Details

Price $475,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,201 sqft
Lot Size 0.22 acres (9,626.76 sqft)
Year Built 1995
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Sun City Georgetown Neighborhood 02 Amd B
County Williamson
Zip Code 78633
$/sqft $216/sqft
Days on Market ,
HOA $1,900/Annually
Annual Tax Est. $7,932.47
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237206966
List Date July 3, 2026
Elementary School Raye McCoy
Middle School Charles A Forbes
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 3, 2026 $478,500
Current ask $475,000
Reduced $3,500 (-0.7%) 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
308 Adams St
SUMMIT AT RIVERY PARK (Brownstones)
$475,000 $217 2 bd / 3 ba 2,192 sqft , 2026-04-14
636 Martingale St
Sun City Nbrhd 78
$475,000 $257 2 bd / 2 ba 1,851 sqft , 2026-01-01
248 Rivers Edge Dr
Riverview
$475,000 $200 4 bd / 3 ba 2,377 sqft , 2026-06-01
252 Rivers Edge Dr
Riverview
$475,000 $215 4 bd / 3 ba 2,210 sqft , 2026-06-03
153 Crescent Heights Dr
Crescent Bluff
$475,000 $169 4 bd / 4 ba 2,818 sqft , 2026-05-26

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
$2,280/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
$95,000
20% conventional investment loan

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

Estimated Gross Rent+$2,280
Principal + Interest−$2,592
Property Tax (~2.1% TX avg)−$831
Insurance (~0.5%)−$198
Est. Monthly Cash Flow $-1,341

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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