Active Listing  ·  127 days on market

1117 Tipton St

Georgetown, TX 78633
$345,000
4 Bed 2 Bath 1,680 sqft $205/sqft Built 2022 0.12 acres 2-Car Garage Pool Tres Tierras

Charming 4-Bedroom Home for Lease in Tres Tierras

Discover your dream home for lease in the desirable Tres Tierras neighborhood! This stunning 4-bedroom, 2-bathroom house boasts an open concept floorplan with a spacious living area flowing into a modern kitchen equipped with stainless steel appliances and a gas stove.

The luxurious master suite offers a private retreat, while three additional bedrooms provide versatility for family, guests, or a home office. Enjoy a large backyard perfect for outdoor activities and a spacious garage for vehicles and storage.

Located close to Fort Cavazos, top-rated schools, parks, and shopping, this home combines luxury and convenience. Schedule a tour today and make this exceptional property yours!

At $205/sqft, this home is 10% 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

1117 Tipton St, Georgetown, TX 78633

Property Details

Price $345,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,680 sqft
Lot Size 0.12 acres (5,174.93 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Tres Tierras
County Williamson
Zip Code 78633
$/sqft $205/sqft
Days on Market ,
HOA $120/Quarterly
Annual Tax Est. $7,629.19
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229973200
List Date May 18, 2026
Elementary School Jo Ann Ford
Middle School Douglas Benold
High School Georgetown
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 · May 18, 2026 $380,000
Previous ask $365,000
Current ask $345,000
Reduced $35,000 (-9.2%) 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
1008 Tipton St
Tres Tierras
$349,000 $194 4 bd / 2 ba 1,802 sqft , 2026-03-28
120 Cross Bar St
Sun City
$335,000 $227 3 bd / 2 ba 1,475 sqft , 2026-07-23
229 Hobby St
Sun City Nbrhd 64
$368,000 $219 3 bd / 2 ba 1,684 sqft , 2026-08-07
108 Coda Xing
Tres Tierras
$374,900 $205 4 bd / 2 ba 1,825 sqft , 2026-05-28
1044 Stonehill Dr
Highland Village
$374,990 $173 3 bd / 3 ba 2,162 sqft , 2026-06-30

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
$1,656/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
$69,000
20% conventional investment loan

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

Estimated Gross Rent+$1,656
Principal + Interest−$1,883
Property Tax (~2.1% TX avg)−$604
Insurance (~0.5%)−$144
Est. Monthly Cash Flow $-975

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 →
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 · 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 August 31, 2026.

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