Active Listing  ·  21 days on market

116 Serenity Hills Dr

Georgetown, TX 78628
$983,500
3 Bed 4 Bath 3,451 sqft $285/sqft Built 2023 0.43 acres 3-Car Garage Pool Crescent Bluff Sec 4B

Truly magazine-worthy & featured in two advertisements, this home showcases top-of-the-line custom finishes & thoughtful upgrades inside & out. A whole-house generator, Halo water purification system, pre-wiring for speakers throughout, & low-voltage lighting around the entire exterior, complemented by Oelo lighting at the front, bring convenience to everyday living. Set on a cul-de-sac street with no rear neighbors in Crescent Bluff, the home offers undeniable curb appeal with an expansive driveway leading to an oversized 3-car garage with epoxy flooring, while a mature tree & gorgeous landscaping frame the home. Inside, an open floor plan features high ceilings, expansive windows outfitted with stylish plantation shutters, wood floors throughout the main living areas, upgraded carpet & padding in the bedrooms, & tile in wet areas. The living room features soaring cathedral ceilings & expansive sliding glass doors, flowing into the dining area & kitchen with granite countertops, a waterfall stone island, upgraded stainless steel appliances, abundant full-height cabinetry with soft-close pullout drawers & under-cabinet lighting, & a custom pantry with a coffee bar. A dedicated office with custom glass doors provides a stylish workspace. Nearby, a spacious flex space is perfect for a media or sitting room. The primary bedroom offers a spa-like ensuite with a dual vanity, soaking tub, frameless glass shower, & a large walk-in closet with extensive custom built-ins. Two additional downstairs bedrooms share a full bath. Upstairs, a spacious flex room with a full bath offers versatility for a gym or game room. Your living space extends to a spacious screened patio designed for year-round relaxation, overlooking a fenced backyard with several trees & beautiful landscaping. Enjoy amenities including a large pool, tot pool, trail system, sports court, & more, all conveniently located near a wealth of shopping, dining, & recreation, with easy access to Hwy 29 & I-35.

At $285/sqft, this home is priced 26% above the Georgetown active market average of $226/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

116 Serenity Hills Dr, Georgetown, TX 78628

Property Details

Price $983,500
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 3,451 sqft
Lot Size 0.43 acres (18,730.8 sqft)
Year Built 2023
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Crescent Bluff Sec 4B
County Williamson
Zip Code 78628
$/sqft $285/sqft
Days on Market ,
HOA $370.44/Quarterly
Annual Tax Est. $13,049.98
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247462039
List Date October 1, 2026
Elementary School San Gabriel
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.

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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
1232 Stormy Dr
Riverstone Ph A
$944,000 $282 4 bd / 5 ba 3,346 sqft , 2026-07-01
3608 Emerald Lake Path
Riverstone
$899,000 $287 4 bd / 4 ba 3,132 sqft , 2026-07-01
3408 Emerald Lake Path
Riverstone
$799,990 $296 4 bd / 4 ba 2,702 sqft , 2026-08-24
3332 Emerald Lake Path
Riverstone
$795,990 $277 4 bd / 4 ba 2,872 sqft , 2025-08-20
10809 Vista Heights Dr
Sage Crk Sub
$1,200,000 $351 4 bd / 3 ba 3,419 sqft , 2026-09-24

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
$4,721/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
$196,700
20% conventional investment loan

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

Estimated Gross Rent+$4,721
Principal + Interest−$5,367
Property Tax (~2.1% TX avg)−$1,721
Insurance (~0.5%)−$410
Est. Monthly Cash Flow $-2,777

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

More Luxury Homes in Georgetown

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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 October 13, 2026.

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