Active Listing  ·  152 days on market

112 Shady Elm None

Georgetown, TX 78633
$949,900
4 Bed 3 Bath 3,133 sqft $303/sqft Built 2003 1.37 acres 4-Car Garage Pool Woodland Park Ph 3

REDUCED AND PRICED TO SELL!! Experience the perfect combination of space, quality, and freedom in this meticulously maintained Jimmy Jacobs home, ideally situated on a beautifully landscaped 1.37-acre corner lot in Woodland Park—where there's no HOA building restrictions. With 3,133 square feet, 4 bedrooms, 3 bathrooms, and an oversized 4-car garage, this property offers exceptional flexibility inside and out. Designed for everyday living and effortless entertaining, the gourmet kitchen serves as the heart of the home with a built-in stainless refrigerator, dual ovens, microwave, dishwasher, 6-burner gas cooktop with vent hood, under-cabinet lighting, walk-in pantry, and two generous islands, including bar seating for five. The open living area features a gas fireplace, oversized picture window, and peaceful backyard views. The spacious primary suite is a retreat with tray ceiling, plantation shutters, private patio access, and a luxurious bath offering dual vanities, tub, walk-in shower, and private dual closets. A split-bedroom layout with three secondary bedrooms. The third bedroom has French doors and closet and could also be used as a home office or study. The oversized laundry room accommodates two washer/dryer sets plus an additional refrigerator or freezer. The 4-car garage features epoxy floors, shop lighting, windows, and wiring for EV or golf cart charging. One of this home's most valuable features is its dual water sources: city water serves the home, while a private irrigation well allows unrestricted landscape watering without costly city water bills. The expansive lot provides endless possibilities for a workshop, RV storage, pool, or additional structures (subject to local regulations). Mature trees, abundant wildlife, and a large covered patio create a peaceful outdoor setting just minutes from premier shopping, dining, and entertainment. This rare property combines luxury, practicality, and room to grow in one great package!

At $303/sqft, this home is priced 32% above the Georgetown active market average of $229/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

112 Shady Elm None, Georgetown, TX 78633

Property Details

Price $949,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 3,133 sqft
Lot Size 1.37 acres (59,677.2 sqft)
Year Built 2003
Garage 4 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Woodland Park Ph 3
County Williamson
Zip Code 78633
$/sqft $303/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $13,937
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT224602278
List Date April 23, 2026
Elementary School The Village
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.

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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 · April 23, 2026 $979,990
Current ask $949,900
Reduced $30,090 (-3.1%) 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
107 Hallie Ct
Woods Fountainwood Ph 02
$940,000 $243 4 bd / 4 ba 3,861 sqft , 2026-08-28
203 Pristine Ln
Sun City Georgetown Nbrhd 20
$925,000 $351 3 bd / 3 ba 2,635 sqft , 2026-08-14
107 W Majestic Oak Ln
Woodland Park Ph 1
$895,000 $292 3 bd / 3 ba 3,062 sqft , 2026-06-01
105 Graystone Ln
Oakland Pk Sub
$849,900 $294 4 bd / 3 ba 2,889 sqft , 2026-03-19
200 Diamond Trl
Woods Fountainwood Ph 01A
$1,115,000 $266 4 bd / 3 ba 4,187 sqft , 2026-07-23

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
$4,560/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
$189,980
20% conventional investment loan

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

Estimated Gross Rent+$4,560
Principal + Interest−$5,184
Property Tax (~2.1% TX avg)−$1,662
Insurance (~0.5%)−$396
Est. Monthly Cash Flow $-2,682

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 · 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 September 13, 2026.

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