Active Listing  ·  194 days on market

107 Patricia Rd

Georgetown, TX 78628
$765,000
3 Bed 2 Bath 2,316 sqft $330/sqft Built 1992 1.99 acres 2-Car Garage Pool Whitetail

Multi-Generational Home in Whitetail Estates (Main + Guest) on 2 Acres Priced Below Appraised Value! NO HOA!! This lovely move-in-ready property presents an incredible opportunity. This estate includes a spacious 2320+ sq ft 3/2 main home and an additional 1762 sq ft 2/1 guest house, making it perfect for a variety of living arrangements. The main house exudes charm and comfort, with new luxury vinyl flooring, remodeled primary bath, updated kitchen, cozy fireplace, large rooms, ample storage, attached 2-car garage, and much more. Living room can easily be a 4th bedroom. Equally inviting, the guest house has new luxury vinyl flooring, large rooms, lots of storage, attached 2-car garage, and private entrance. This versatile space is ideal for in-laws, returning college students, home office, Mancave/she-shed, Rental/investment Op, Airbnb, Bed & Barn in a horse-friendly neighborhood. The flexibility of this estate ensures it can adapt to your specific needs. Set on a wooded 2-acre lot, the property offers lots of shade for outdoor enjoyment. The serene country setting allows for relaxation and recreation. The shared well (new 2018) and a 2500-gallon storage tank ensure a reliable water supply, complemented by a full-house water softener. It is conveniently located just minutes from historic downtown Georgetown, there is easy access to SW Regional and Garey parks, IH35 and 183, Top-rated Leander schools, and shopping. Enjoy the best of country living with the convenience of nearby urban amenities. Home appraised at $916K. Don’t miss this chance to own a property that offers value and potential with substantial equity given. Seize the chance to own a home in a prime location, with all the benefits of country living.

At $330/sqft, this home is priced 46% 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

107 Patricia Rd, Georgetown, TX 78628

Property Details

Price $765,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,316 sqft
Lot Size 1.99 acres (86,684.4 sqft)
Year Built 1992
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Whitetail
County Williamson
Zip Code 78628
$/sqft $330/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $12,758.07
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT217977379
List Date February 4, 2026
Elementary School Tarvin
Middle School Stiles
High School Rouse
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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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
1017 Sunset Hill Way
Parkside on the River West
$750,900 $255 4 bd / 4 ba 2,944 sqft , 2026-03-11
1041 Sunset Hill Way
Parkside on the River West
$750,900 $251 4 bd / 4 ba 2,995 sqft , 2026-02-26
1365 Cypress Paul St
Parkside Peninsula
$749,900 $289 4 bd / 3 ba 2,595 sqft , 2026-06-24
1321 Cypress Paul St
Parkside Peninsula
$749,900 $293 4 bd / 4 ba 2,561 sqft , 2026-07-23
120 Shady Spring Trl
Parkside on the River
$725,000 $255 4 bd / 4 ba 2,845 sqft , 2026-07-10

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
$3,672/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
$153,000
20% conventional investment loan

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

Estimated Gross Rent+$3,672
Principal + Interest−$4,175
Property Tax (~2.1% TX avg)−$1,339
Insurance (~0.5%)−$319
Est. Monthly Cash Flow $-2,161

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

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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 · 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 July 28, 2026.

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