Active Listing  ·  203 days on market

1201 Highcrest None

Georgetown, TX 78628
$499,000
3 Bed 2 Bath 1,976 sqft $253/sqft Built 2022 0.17 acres 2-Car Garage Pool WOLF RANCH

*$2150 WITH OUR PREFERRED LENDER!* SEMI CUSTOM 1-STORY FROM AWARD WINNING HIGHLAND HOMES-DESIGNER FINISHES-SOLAR PANELS-COVERED PATIO-PREMIUM LOT Located in Wolf Ranch, this stunning home stands proudly as a masterpiece of modern design, positioned on a premium lot with minimal neighbors. Every detail has been meticulously curated, from warm wood-look and custom rhapsody tile to grand bi-parting glass doors that seamlessly transitions to outdoor living. The thoughtful layout includes 3 bedrooms + a versatile office that can transform into a 4th bedroom. At the heart of the home, the kitchen dazzles with quartz counters, custom backsplash, a Silgranit Diamond sink, and an entertainer’s island. A coffee bar with glass-front uppers doubles as a chic dry bar. The kitchen flows effortlessly into the living room, where a cozy brick gas fireplace and stunning patio doors elevate the ambiance. Outside you’ll enjoy dining al fresco on your covered extended patio with ceiling fans and smart home integration. The private primary suite is a serene retreat, featuring a bay window and a spa-like ensuite. Premium upgrades abound, including a state-of-the-art 21-panel solar panel system, Tesla NACS fast charger, smart home features, a premium AC heat exchanger, and walk-in attic flooring. Beyond the home, Wolf Ranch offers unparalleled amenities, from multiple amenity centers and resort-style pools to scenic trails along the San Gabriel River, fitness centers, sports courts, & a new dog park, all fostering an active and vibrant lifestyle. This is more than a home; it’s a refined living experience designed for those who appreciate elevated comfort, high-end details, and a community that truly has it all.

At $253/sqft, this home is priced 10% above the Georgetown active market average of $229/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1201 Highcrest None, Georgetown, TX 78628

Property Details

Price $499,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,976 sqft
Lot Size 0.17 acres (7,509.74 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision WOLF RANCH
County Williamson
Zip Code 78628
$/sqft $253/sqft
Days on Market ,
HOA $577/Semi-Annually
Annual Tax Est. $12,109.17
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT221028105
List Date March 4, 2026
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.

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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 · March 4, 2026 $550,000
Previous ask $500,000
Current ask $499,000
Reduced $51,000 (-9.3%) 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
1828 Spring Mountain Cv
Wolf Ranch
$499,900 $243 4 bd / 3 ba 2,057 sqft , 2026-08-07
4221 Mercer Rd
Wolf Ranch West Ph 3 Sec 1A
$500,000 $220 4 bd / 3 ba 2,268 sqft , 2026-07-31
1124 Stetson Hat Trl
WOLF RANCH
$495,000 $208 4 bd / 3 ba 2,381 sqft , 2026-05-16
237 Arrowhead Mound Rd
Wolf Ranch
$493,871 $197 4 bd / 4 ba 2,511 sqft , 2026-04-02
1812 Spring Mountain Cv
Wolf Ranch
$504,900 $245 3 bd / 3 ba 2,057 sqft , 2025-09-23

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
$2,395/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
$99,800
20% conventional investment loan

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

Estimated Gross Rent+$2,395
Principal + Interest−$2,723
Property Tax (~2.1% TX avg)−$873
Insurance (~0.5%)−$208
Est. Monthly Cash Flow $-1,409

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 28, 2026.

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