Active Listing  ·  11 days on market

1201 Georgian St

Austin, TX 78756
$1,650,000
5 Bed 4 Bath 3,011 sqft $548/sqft Built 2026 0.16 acres 1-Car Garage Pool New Construction Georgian Terrace

Brand-new 5-bed, 4-bath corner-lot home steps from Burnet Road, and on the same priority power circuit as a nearby hospital. Built by Essential Elements Custom Homes, this 3,011 sf three-story Austin style cottage pairs a copper standing-seam porch roof and copper gutters with soft gray siding, shingle accents and deep navy trim. A covered porch with a swing looks over a fully fenced front yard planted with Texas natives and English cottage greenery.

Oversized, black-framed windows bring light through all three floors. The kitchen has a luxury appliance package, a built-in panel-ready refrigerator with stunning Blue Fusion quartzite countertop that open to living/dining. The primary suite has a gorgeous bath and huge closet that opens into an attached laundry room with large farmhouse sink. The third-floor guest suite adds a second living area, so everyone has their own space. Sliding glass walls open to a covered patio and a gravel courtyard, and a detached garage sits at the back of the lot.

Walk to Pinthouse Pizza, Suzi's and the restaurants along Burnet Road, with quick access to MoPac, the Domain and downtown.

At $548/sqft, this home is priced 40% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1201 Georgian St, Austin, TX 78756

Property Details

Price $1,650,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths ,
Living Area 3,011 sqft
Lot Size 0.16 acres (6,969.6 sqft)
Year Built 2026
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Georgian Terrace
County Travis
Zip Code 78756
$/sqft $548/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT246458626
List Date September 11, 2026
Elementary School Bryker Woods
Middle School O Henry
High School Austin
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin 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 Austin

Comparable Listings Right Now

Homes currently for sale in Austin 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
3907 Bailey Ln
Dunn
$1,645,000 $603 4 bd / 4 ba 2,727 sqft , 2026-05-14
2112 Lawnmont Ave
Shoalmont Add Resub
$1,750,000 $601 5 bd / 5 ba 2,910 sqft , 2025-12-26
6003 Grover Ave
Brentwood/Crestview
$1,769,000 $589 4 bd / 3 ba 3,002 sqft , 2026-09-09
1803 PALO DURO Rd
Vallejo
$1,499,999 $471 4 bd / 5 ba 3,188 sqft , 2026-08-13
4606 Evans Ave
Staehely
$1,895,000 $565 5 bd / 5 ba 3,353 sqft , 2026-06-05

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
$7,920/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
$330,000
20% conventional investment loan

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

Estimated Gross Rent+$7,920
Principal + Interest−$9,005
Property Tax (~2.1% TX avg)−$2,888
Insurance (~0.5%)−$688
Est. Monthly Cash Flow $-4,661

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 Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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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 19, 2026.

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