About This Home

At $255/sqft, this home is priced 12% above the Georgetown active market average of $227/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1201 Lavender Way, Georgetown, TX 78628

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Property Details

Price $390,435

Status Active Listing

Beds 4

Full Baths 2

Half Baths ,

Living Area 1,531 sqft

Lot Size 0.15 acres (6,751.8 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Heights at San Gabriel

County Williamson

Zip Code 78628

$/sqft $255/sqft

Days on Market ,

HOA $95/mo

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT229773611

List Date May 12, 2026

Elementary School Wolf Ranch Elementary

Middle School James Tippit

High School East View

School District ,

Have Questions About This Property?

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

132 Woodbrook Dr
Travena $389,990 $194 4 bd / 3 ba 2,012 sqft , 2026-05-13

101 Georgia Lace Trl
Hidden Oak $389,990 $213 4 bd / 2 ba 1,833 sqft , 2026-04-18

110 Persimmon Ln
Sun City Georgetown Neighborhood 07 $389,950 $201 3 bd / 2 ba 1,939 sqft , 2026-03-27

747 Westbury Ln
Georgetown Village Sec 06 Pud $389,900 $189 4 bd / 2 ba 2,067 sqft , 2026-04-08

1101 Terrace View Dr
OAKS AT SAN GABRIEL $389,900 $195 3 bd / 2 ba 2,000 sqft , 2026-03-27

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

$1,874/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

$78,087

20% conventional investment loan

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

Estimated Gross Rent+$1,874

Principal + Interest−$2,131

Property Tax (~2.1% TX avg)−$683

Insurance (~0.5%)−$163

Est. Monthly Cash Flow $-1,103

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

1201 Lavender Way

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Georgetown, TX

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