Active Listing  ·  28 days on market

1129 Cole Estates Dr

Georgetown, TX 78628
$545,000
4 Bed 3 Bath 2,218 sqft $246/sqft Built 2024 0.25 acres 2-Car Garage Pool Cole Estates

Welcome to this beautifully upgraded home situated on a spacious 0.26-acre lot, offering an exceptional combination of privacy, space, and thoughtful upgrades. The home enjoys a desirable setting with no direct rear neighbors and a peaceful greenbelt behind the property, while generous separation from neighboring homes on both sides creates an open and private feel that is increasingly hard to find.

The home makes a wonderful first impression with upgraded front-yard landscaping and attractive curb appeal. Inside, wide-plank SPC flooring extends throughout the entire home with no carpet, providing a clean, modern look that is both durable and easy to maintain.

At $246/sqft, this home is priced 8% above the Georgetown active market average of $228/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1129 Cole Estates Dr, Georgetown, TX 78628

Property Details

Price $545,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,218 sqft
Lot Size 0.25 acres (10,693.98 sqft)
Year Built 2024
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Cole Estates
County Williamson
Zip Code 78628
$/sqft $246/sqft
Days on Market ,
HOA $67/Monthly
Annual Tax Est. $7,657.32
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249398675
List Date October 15, 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.

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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
117 Hazy Hollow Dr
Crescent Bluff
$538,925 $252 4 bd / 3 ba 2,138 sqft , 2026-10-30
233 Cactus Tower Path
Cole Estates
$534,900 $202 4 bd / 3 ba 2,650 sqft , 2026-09-10
416 Crescent Heights Dr
Crescent Bluff Sec 4B
$525,000 $222 4 bd / 3 ba 2,367 sqft , 2026-05-06
320 Old Trinity Way
Oaks/San Gabriel Sec Fifteen
$525,000 $185 4 bd / 4 ba 2,845 sqft , 2026-07-24
1016 Steele Summit Rd
Crescent Bluff
$571,175 $238 4 bd / 3 ba 2,399 sqft , 2026-10-30

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
$2,616/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
$109,000
20% conventional investment loan

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

Estimated Gross Rent+$2,616
Principal + Interest−$2,974
Property Tax (assumed ~2.1%)−$954
Insurance (assumed ~0.5%)−$227
Est. Monthly Cash Flow $-1,539

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 · 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 October 20, 2026.

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

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