Active Listing  ·  25 days on market

1121 Ellensburg Dr

Georgetown, TX 78633
$599,990
4 Bed 3 Bath 2,766 sqft $217/sqft Built 2026 0.18 acres 3-Car Garage Pool New Construction Parmer Ranch

New Coventry Home! Tucked into the welcoming Parmer Ranch community—known for its scenic Hill Country setting, planned amenities, and convenient access to major employers—this Groveton floor plan offers a perfect blend of comfort and modern design. This thoughtfully crafted single-story home features a spacious open-concept layout where the kitchen, dining, and family room come together seamlessly, ideal for both entertaining and everyday living. The upgraded kitchen with built-in appliances serves as the heart of the home, while a cozy fireplace adds warmth and charm to the main living space.

The private primary suite is designed as a relaxing retreat, complete with a well-appointed en-suite bath and generous closet space. Additional bedrooms are positioned to provide comfort and privacy for family members or guests. A full brick back enhances durability and curb appeal, while the three-car garage offers ample room for storage, hobbies, or extra parking. Experience the ease of single-level living in one of the area’s most desirable communities—schedule your tour today and see it for yourself!

At $217/sqft, this home is 5% 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

1121 Ellensburg Dr, Georgetown, TX 78633

Property Details

Price $599,990
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,766 sqft
Lot Size 0.18 acres (7,958.41 sqft)
Year Built 2026
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Parmer Ranch
County Williamson
Zip Code 78633
$/sqft $217/sqft
Days on Market ,
HOA $75/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT244479862
List Date August 28, 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 · August 28, 2026 $623,990
Current ask $599,990
Reduced $24,000 (-3.8%) 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
1106 Ellensburg Dr
Parmer Ranch
$599,990 $184 4 bd / 3 ba 3,252 sqft , 2025-09-09
104 N Sumac Ln
West Ridge Sec 04
$599,999 $165 5 bd / 3 ba 3,638 sqft , 2026-07-10
1105 Glen Heather Dr
Parmer Ranch
$599,900 $199 4 bd / 4 ba 3,018 sqft , 2026-07-03
1103 Havenwood Ln #45
Cottages/Parmer Ranch Condos
$595,513 $285 3 bd / 3 ba 2,093 sqft , 2026-08-26
109 Charro Ct
Parmer Ranch Ph 2 3 4 & 17 Am
$604,999 $184 5 bd / 4 ba 3,293 sqft , 2026-08-26

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
$2,880/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
$119,998
20% conventional investment loan

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

Estimated Gross Rent+$2,880
Principal + Interest−$3,274
Property Tax (~2.1% TX avg)−$1,050
Insurance (~0.5%)−$250
Est. Monthly Cash Flow $-1,694

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 · 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 21, 2026.

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