Active Listing  ·  80 days on market

1113 Mulberry Oak Ln

Georgetown, TX 78628
$474,900
4 Bed 2 Bath 2,079 sqft $228/sqft Built 2022 0.13 acres 2-Car Garage Pool Parkside on the River

BETTER THAN NEW IN PARKSIDE ON THE RIVER + POTENTIALLY ASSUMABLE 5.125% MORTGAGE! Beautiful single-story Perry Home, guarded by a gorgeous protected oak tree, offers 4 bedrooms, 2 baths, dedicated home office and an open-concept floor plan designed for everyday living and entertaining. The spacious kitchen features a large center island and walk-in pantry and opens to the dining and family rooms, where abundant windows provide wonderful natural light. The private primary suite offers dual vanities, garden tub, separate glass-enclosed shower and a generous walk-in closet. Secondary bedrooms also feature walk-in closets for excellent storage. Enjoy Texas evenings from the covered back patio.

Located in sought-after Parkside on the River, a master-planned community along the San Gabriel River offering resort-style amenities including pools, amenity centers, pickleball courts, playgrounds, green space, and miles of scenic walking and biking trails. Convenient to Georgetown, Wolf Ranch shopping and dining, Cedar Park and Round Rock, with access to 183A, SH-45 and I-35 for commuting to The Domain, Downtown Austin and major Austin-area employers.

Exceptional financing opportunity: Seller's existing mortgage may be assumable by a qualified buyer at 5.125%, subject to lender approval and assumption requirements. Ask listing agent for details. Built by Perry Homes, the property may also have remaining coverage under Perry's 10-year structural limited warranty, subject to builder terms, transferability and verification. A move-in-ready home, outstanding community amenities and a potentially valuable financing opportunity!

At $228/sqft, this home is priced in line with the Georgetown market average of $228/sqft across 1,178 active listings. View Austin market report →

Location

1113 Mulberry Oak Ln, Georgetown, TX 78628

Property Details

Price $474,900
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 2,079 sqft
Lot Size 0.13 acres (5,837.04 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Parkside on the River
County Williamson
Zip Code 78628
$/sqft $228/sqft
Days on Market ,
HOA $840/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244390767
List Date August 24, 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.

Schedule a Call →

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
100 Green Knoll Ln
Parkside on the River
$469,900 $235 4 bd / 2 ba 2,001 sqft , 2026-06-10
121 Amber Oak Ln
Parkside on the River
$467,398 $207 4 bd / 3 ba 2,261 sqft , 2026-04-13
1101 Scenic Green Loop
Parkside on the River
$493,737 $192 4 bd / 4 ba 2,575 sqft , 2026-07-06
1409 Scenic Green Loop
Parkside on the River
$496,921 $193 4 bd / 4 ba 2,575 sqft , 2026-06-05
1129 Pansy Trl
Parkside on the River
$498,185 $240 3 bd / 2 ba 2,078 sqft , 2026-01-21

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
$2,280/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
$94,980
20% conventional investment loan

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

Estimated Gross Rent+$2,280
Principal + Interest−$2,592
Property Tax (assumed ~2.1%)−$831
Insurance (assumed ~0.5%)−$198
Est. Monthly Cash Flow $-1,341

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 · 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 August 26, 2026.

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

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