Active Listing  ·  175 days on market

113 Oakstone Dr

Georgetown, TX 78628
$399,900
4 Bed 3 Bath 2,403 sqft $166/sqft Built 2019 0.13 acres 2-Car Garage Pool Morningstar Ph 3 Sec 2A

Welcome to this charming 4-bedroom, 2.5-bath home in the highly sought-after Morning Star community, located within desirable Liberty Hill ISD. From the moment you step inside, you’ll be greeted by elegant wood-look tile flooring throughout the main level, creating a warm and inviting feel. The open-concept layout seamlessly connects the living, dining, and kitchen areas—perfect for both everyday living and entertaining. The kitchen is a true centerpiece, featuring a spacious design with a large island, ample counter space, and beautiful granite countertops. Upstairs, all bedrooms are thoughtfully situated, including a spacious primary suite designed for comfort and relaxation. The primary retreat offers a generous layout, along with an oversized shower, dual vanities, and a large walk-in closet providing plenty of storage.

Step outside to a roomy backyard with a covered patio—an ideal blank canvas for creating your dream outdoor space, whether that’s a pool, garden, or entertainment area. Enjoy all that the Morning Star community has to offer, including a pool, park, and fishing pond. Conveniently located just 2.4 miles from the newly built HEB Plus! and close to Hwy 29 and Ronald Reagan Blvd, this home combines comfort, convenience, and lifestyle.

At $166/sqft, this home is 28% 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

113 Oakstone Dr, Georgetown, TX 78628

Property Details

Price $399,900
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,403 sqft
Lot Size 0.13 acres (5,658.44 sqft)
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Morningstar Ph 3 Sec 2A
County Williamson
Zip Code 78628
$/sqft $166/sqft
Days on Market ,
HOA $634/Annually
Annual Tax Est. $11,004.01
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT223933651
List Date April 1, 2026
Elementary School Bar W
Middle School Santa Rita Middle
High School Legacy Ranch
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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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
108 Evening Star Ln
Morningstar
$399,900 $140 5 bd / 3 ba 2,847 sqft , 2026-08-14
101 Singing Dove Way
Santa Rita Ranch at Homestead
$399,900 $191 4 bd / 3 ba 2,096 sqft , 2026-09-03
108 Hannah Trl
Morningstar
$399,000 $167 4 bd / 3 ba 2,390 sqft , 2026-03-01
968 Sun Grove Trl
Omega Ranch Ph 3 & 3B
$395,000 $196 4 bd / 3 ba 2,018 sqft , 2026-08-13
1100 View Dr
MORNING STAR
$389,900 $191 4 bd / 3 ba 2,037 sqft , 2026-07-30

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
$1,920/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
$79,980
20% conventional investment loan

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

Estimated Gross Rent+$1,920
Principal + Interest−$2,182
Property Tax (~2.1% TX avg)−$700
Insurance (~0.5%)−$167
Est. Monthly Cash Flow $-1,129

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 16, 2026.

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