Active Listing  ·  188 days on market

109 Peaceful Serenity Dr

Georgetown, TX 78628
$499,900
4 Bed 3 Bath 2,339 sqft $214/sqft Built 2026 0.16 acres 2-Car Garage Pool New Construction Parkside on the River

New Coventry Home! 104 Peaceful Serenity Drive, Georgetown, TX 78628 Coventry Homes | Parkside on the River – 50’ Homesites Discover the Somerset floor plan by Coventry Homes in the highly sought-after Parkside on the River—one of Georgetown’s premier master-planned communities. Designed with both style and livability in mind, this home features a spacious open-concept layout where the kitchen, living, and dining areas come together to create the perfect setting for entertaining or everyday comfort. The private primary suite offers a quiet retreat, while well-sized secondary bedrooms provide flexibility for guests, a home office, or growing needs. Every detail is thoughtfully planned to maximize space and function. Parkside on the River is known for its scenic Hill Country setting, planned amenities, and convenient access to shopping, dining, and major roadways. Opportunities in this community are in high demand—don’t miss your chance to own in one of Georgetown’s most desirable neighborhoods.

At $214/sqft, this home is 6% 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

109 Peaceful Serenity Dr, Georgetown, TX 78628

Property Details

Price $499,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,339 sqft
Lot Size 0.16 acres (6,791 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Parkside on the River
County Williamson
Zip Code 78628
$/sqft $214/sqft
Days on Market ,
HOA $840/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT229363309
List Date May 8, 2026
Elementary School Wolf Ranch Elementary
Middle School James Tippit
High School East View
School District Georgetown ISD

Georgetown ISD

Wolf Ranch Elementary · James Tippit · East View

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 · May 8, 2026 $599,900
Previous ask $526,900
Current ask $499,900
▼ Reduced $100,000 (-16.7%) 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
1424 Purple Petunia Ln
Parkside on the River West
$499,900 $229 3 bd / 3 ba 2,187 sqft , 2026-07-02
1101 Pansy Trl
Parkside on the River
$499,295 $233 3 bd / 3 ba 2,142 sqft , 2026-09-28
1129 Pansy Trl
Parkside on the River
$498,185 $240 3 bd / 2 ba 2,078 sqft , 2026-01-21
1125 Pansy Trl
Parkside on the River
$502,506 $213 3 bd / 3 ba 2,358 sqft , 2026-02-24
1409 Scenic Green Loop
Parkside on the River
$496,921 $193 4 bd / 4 ba 2,575 sqft , 2026-06-05

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
$2,400/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
$99,980
20% conventional investment loan

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

Estimated Gross Rent+$2,400
Principal + Interest−$2,728
Property Tax (assumed ~2.1%)−$875
Insurance (assumed ~0.5%)−$208
Est. Monthly Cash Flow $-1,411

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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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 11, 2026.

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

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