Active Listing  ·  130 days on market

1101 Terrace View Dr

Georgetown, TX 78628
$389,900
3 Bed 2 Bath 2,000 sqft $195/sqft Built 2021 0.20 acres 2-Car Garage Pool OAKS AT SAN GABRIEL

Welcome to this beautifully maintained 3-bedroom, 2-bath home with a dedicated office in the highly desirable Oaks at San Gabriel community, zoned to the acclaimed Liberty Hill ISD. Built in 2021 and offering approximately 2,000 square feet, this home features a thoughtfully designed open-concept layout with seamless flow between the living, dining, and kitchen areas—ideal for both everyday living and entertaining. The spacious primary suite is privately situated and includes a well-appointed en suite bath, while two additional bedrooms and a separate office provide flexibility for remote work, guests, or additional living space. Step outside to an extended patio, perfect for outdoor dining, relaxing evenings, or hosting gatherings year-round. Enjoy access to community amenities, scenic trails, and parks, all while being conveniently located near shopping, dining, and major roadways. This home offers the perfect blend of comfort, functionality, and lifestyle in one of the area’s most sought-after communities.

At $195/sqft, this home is 14% 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

1101 Terrace View Dr, Georgetown, TX 78628

Property Details

Price $389,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,000 sqft
Lot Size 0.20 acres (8,668.44 sqft)
Year Built 2021
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision OAKS AT SAN GABRIEL
County Williamson
Zip Code 78628
$/sqft $195/sqft
Days on Market ,
HOA $400/Annually
Annual Tax Est. $11,098.81
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT223926964
List Date March 27, 2026
Elementary School Bar W
Middle School Santa Rita Middle
High School Liberty Hill
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.

Schedule a Call →

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 27, 2026 $419,900
Previous ask $399,900
Current ask $389,900
Reduced $30,000 (-7.1%) 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
747 Westbury Ln
Georgetown Village Sec 06 Pud
$389,900 $189 4 bd / 2 ba 2,067 sqft , 2026-04-08
639 Pheasant Hill Ln
Oaks at San Gabriel
$389,900 $187 3 bd / 3 ba 2,085 sqft , 2026-02-11
404 Raleigh Dr
Highland Village
$389,900 $221 4 bd / 2 ba 1,762 sqft , 2026-05-12
1100 View Dr
MORNING STAR
$389,900 $191 4 bd / 3 ba 2,037 sqft , 2026-07-30
110 Persimmon Ln
Sun City Georgetown Neighborhood 07
$389,950 $201 3 bd / 2 ba 1,939 sqft , 2026-03-27

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
$1,872/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
$77,980
20% conventional investment loan

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

Estimated Gross Rent+$1,872
Principal + Interest−$2,128
Property Tax (~2.1% TX avg)−$682
Insurance (~0.5%)−$162
Est. Monthly Cash Flow $-1,100

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

Loading…
View All Luxury Homes →