About This Home

Spacious 5-bedroom, 3-bath colonial featuring an open floor plan with generous living spaces and plenty of potential. Enjoy the privacy of a fenced backyard, ideal for outdoor living and entertaining. The property needs some work and is being offered AS IS—a great opportunity to renovate and make it your own.,All rooms upstairs and one bedroom on the main level have new carpeting,See the details in documents

At $140/sqft, this home is 39% below the Georgetown active market average of $229/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

108 Evening Star Ln, Georgetown, TX 78628

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Property Details

Price $399,900

Status Active Listing

Beds 5

Full Baths 3

Half Baths ,

Living Area 2,847 sqft

Lot Size 0.19 acres (8,171.86 sqft)

Year Built 2020

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Morningstar

County Williamson

Zip Code 78628

$/sqft $140/sqft

Days on Market ,

HOA $578/Annually

Annual Tax Est. $11,858

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT243486736

List Date August 14, 2026

Elementary School Santa Rita

Middle School Liberty Hill (Liberty Hill)

High School Legacy Ranch

School District ,

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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 · August 14, 2026 $414,900

Current ask $399,900

▼ Reduced $15,000 (-3.6%) 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

113 Oakstone Dr
Morningstar Ph 3 Sec 2A $399,900 $166 4 bd / 3 ba 2,403 sqft , 2026-04-01

101 Singing Dove Way
Santa Rita Ranch at Homestead $399,900 $191 4 bd / 3 ba 2,096 sqft , 2026-09-03

108 Hannah Trl
Morningstar $399,000 $167 4 bd / 3 ba 2,390 sqft , 2026-03-01

968 Sun Grove Trl
Omega Ranch Ph 3 & 3B $395,000 $196 4 bd / 3 ba 2,018 sqft , 2026-08-13

1100 View Dr
MORNING STAR $389,900 $191 4 bd / 3 ba 2,037 sqft , 2026-07-30

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

$1,920/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

$79,980

20% conventional investment loan

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

Estimated Gross Rent+$1,920

Principal + Interest−$2,182

Property Tax (~2.1% TX avg)−$700

Insurance (~0.5%)−$167

Est. Monthly Cash Flow $-1,129

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 September 16, 2026.

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

108 Evening Star Ln

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Georgetown, TX

More Luxury Homes in Georgetown

108 Evening Star Ln

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Georgetown, TX

More Luxury Homes in Georgetown

Explore Austin Real Estate