Active Listing  ·  40 days on market

120 Evergreen Cir

Georgetown, TX 78626
$235,000
3 Bed 2 Bath 1,236 sqft $190/sqft Built 1998 0.14 acres 2-Car Garage Pool Amended Crystal Knoll Terrace Un 02

INVESTOR OPPORTUNITY in Georgetown! 120 Evergreen Circle offers a great chance to add an already income-producing property to your portfolio, with current tenants in place and strong future rentability. This 3-bedroom, 2-bath home features a functional open layout, updated flooring with NO CARPET, a private primary suite, and a fenced backyard all features that help make a rental appealing and easy to maintain. Conveniently located near schools, shopping, dining, parks, and major commuter routes, this property offers both immediate rental income and long-term investment potential in Georgetown.

At $190/sqft, this home is 17% 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

120 Evergreen Cir, Georgetown, TX 78626

Property Details

Price $235,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,236 sqft
Lot Size 0.14 acres (6,098.4 sqft)
Year Built 1998
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Amended Crystal Knoll Terrace Un 02
County Williamson
Zip Code 78626
$/sqft $190/sqft
Days on Market ,
HOA $100/Annually
Annual Tax Est. $4,482.25
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243451750
List Date August 14, 2026
Elementary School Pat Cooper
Middle School Charles A Forbes
High School Georgetown
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
218 Juniper St
Crystal Knoll Terrace Pud Unit 2 Am
$234,000 $197 3 bd / 2 ba 1,187 sqft , 2026-08-03
109 Prairie Springs Cv
Villas at Katy Crossing
$229,900 $253 2 bd / 2 ba 910 sqft , 2026-06-02
108 Prairie Springs Cv
Katy Crossing Sec 02 PUD
$225,000 $136 3 bd / 3 ba 1,660 sqft , 2026-03-24
1017 Drovers Cv
Chisholm Park Sec 1
$225,000 $213 3 bd / 2 ba 1,057 sqft , 2026-07-23
172 Prairie Springs Loop
KATY CROSSING SEC 2 PUD
$215,000 $204 2 bd / 2 ba 1,056 sqft , 2026-09-11

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
$1,128/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
$47,000
20% conventional investment loan

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

Estimated Gross Rent+$1,128
Principal + Interest−$1,282
Property Tax (~2.1% TX avg)−$411
Insurance (~0.5%)−$98
Est. Monthly Cash Flow $-663

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 15, 2026.

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