Active Listing  ·  344 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

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 $227/sqft across 1,315 active listings. View Austin market report →

Location

116 Elm View Dr, Georgetown, TX 78628

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 ,

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 →

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
1213 Lakeside Ranch Rd
Lakeside Ph 1
$485,000 $189 4 bd / 3 ba 2,566 sqft , 2026-05-15
211 Prato Pl
Rancho Sienna Sec 18B
$485,000 $188 3 bd / 4 ba 2,575 sqft , 2026-06-09
1008 Summer Gln
Water Oak North
$485,000 $205 3 bd / 3 ba 2,367 sqft , 2026-06-20
321 Georgia Lace Trl
Hidden Oak 2
$485,000 $193 4 bd / 3 ba 2,516 sqft , 2026-08-01
245 Rivers Edge Dr
Riverview
$485,070 $231 4 bd / 2 ba 2,098 sqft , 2026-07-01

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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