Active Listing  ·  394 days on market

116 Elm View Dr

Georgetown, TX 78628
$484,900
3 Bed 2 Bath 2,167 sqft $224/sqft Built 2025 0.22 acres 2-Car Garage Pool New Construction Crescent Bluff
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About This Home

NEW CONSTRUCTION BY PULTE HOMES! Complete and Ready! Views Views Views!!! Crescent Bluff in Georgetown is a master-planned community featuring rolling hills and greenbelt views. It is located near the San Gabriel River and offers family-friendly amenities, such as walking trails, pocket parks and an amenity center with a pool and sport court. Low tax rate of 2.28%! Located within the highly-ranked Georgetown ISD. Easy access to Hwy 29, Hwy 183, I-35 and SH 130, making commuting convenient. Affordability priced compared to surrounding areas, offering good value for homebuyers! Standard 3 car garages (lot specific)!!! Floor plans with modern architecture, high-end finishes and versatile living spaces.

At $224/sqft, this home is priced in line with the Georgetown market average of $229/sqft across 1,266 active listings. View Austin market report →

Location

116 Elm View Dr, Georgetown, TX 78628

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Property Details

Price $484,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,167 sqft
Lot Size 0.22 acres (9,378.47 sqft)
Year Built 2025
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Crescent Bluff
County Williamson
Zip Code 78628
$/sqft $224/sqft
Days on Market ,
HOA $50/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT205423278
List Date August 25, 2025
Elementary School Wolf Ranch Elementary
Middle School James Tippit
High School East View
School District ,

Have Questions About This Property?

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 · August 25, 2025 $515,684
Previous ask $485,990
Current ask $484,900
▼ Reduced $30,784 (-6.0%) 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
228 Scenic Hills Cir
Crescent Bluff $489,000 $222 4 bd / 3 ba 2,206 sqft , 2026-09-16
2105 Prairie Oaks Dr
Water Oak North Sec 4 $479,900 $204 4 bd / 2 ba 2,347 sqft , 2026-05-14
153 Crescent Heights Dr
Crescent Bluff $474,500 $168 4 bd / 4 ba 2,818 sqft , 2026-05-26
201 Serenity Hills Dr
Crescent Bluff $461,740 $236 3 bd / 2 ba 1,954 sqft , 2026-09-09
236 Cross Mountain Trl
Water Oak North Sec 2 $509,000 $195 3 bd / 3 ba 2,615 sqft , 2026-07-29

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
$2,328/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
$96,980
20% conventional investment loan

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

Estimated Gross Rent+$2,328
Principal + Interest−$2,646
Property Tax (~2.1% TX avg)−$849
Insurance (~0.5%)−$202
Est. Monthly Cash Flow $-1,369

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 August 26, 2026.

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