About This Home

Charming 3-bedroom, 2.5-bath home in the desirable Katy Crossing community! This 1,660 sqft property features an open-concept layout with a transitional floor plan. Interior showcases a vaulted ceiling entry, cozy central fireplace and spacious bedroom suites. This corner lot duplex is equipped with a sprawling backyard, 2 car garage and welcoming live oaks. Vacat, Easy to Show and Move in Ready!

At $145/sqft, this home is 36% 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

108 Prairie Springs Cv, Georgetown, TX 78626

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Property Details

Price $240,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths 1

Living Area 1,660 sqft

Lot Size 0.17 acres (7,448.76 sqft)

Year Built 2001

Garage 2 spaces

Stories ,

Type Residential · Townhouse

Subdivision Katy Crossing Sec 02 PUD

County Williamson

Zip Code 78626

$/sqft $145/sqft

Days on Market ,

HOA $150/Monthly

Annual Tax Est. $5,868.16

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT223444998

List Date March 24, 2026

Elementary School Pat Cooper

Middle School Charles A Forbes

High School Georgetown

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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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 · March 24, 2026 $300,000

Previous ask $249,000

Current ask $240,000

▼ Reduced $60,000 (-20.0%) 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

317 Essex Ln
Sun City Georgetown Neighborhood 33 Pud $240,000 $172 2 bd / 2 ba 1,397 sqft , 2026-04-20

120 Bowie Cir
Sun City Georgetown Neighborhood 24B Pud $240,000 $168 2 bd / 2 ba 1,426 sqft , 2026-04-29

334 Portsmouth Dr
Sun City Georgetown Nbrhd 24B2 $240,000 $172 2 bd / 2 ba 1,397 sqft , 2026-07-22

218 Juniper St
Crystal Knoll Terrace Pud Unit 2 Am $240,000 $202 3 bd / 2 ba 1,187 sqft , 2026-08-03

102 Portsmouth Dr
Sun City Georgetown Neighborhood 24 B2 Pud $239,000 $171 2 bd / 2 ba 1,397 sqft , 2026-06-03

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

$1,152/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

$48,000

20% conventional investment loan

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

Estimated Gross Rent+$1,152

Principal + Interest−$1,310

Property Tax (~2.1% TX avg)−$420

Insurance (~0.5%)−$100

Est. Monthly Cash Flow $-678

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 →

108 Prairie Springs Cv

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 Prairie Springs Cv

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