Active Listing  ·  20 days on market

1202 Southwalk St

Georgetown, TX 78626
$314,000
3 Bed 3 Bath 1,443 sqft $218/sqft Built 1992 0.21 acres 2-Car Garage Pool Smith Branch Park

Welcome to this well-maintained home offering the perfect mix of comfort and convenience. The main level boasts tile flooring, a light-filled, spacious living area highlighted by a cozy wood-burning fireplace, ideal for relaxing or entertaining guests.

Moving into the heart of the home, the kitchen comes equipped with rich granite countertops, a functional breakfast bar, and ample cabinet space to meet all your storage needs.

Upstairs, you will find all three bedrooms featuring stylish, durable luxury vinyl plank flooring throughout the entire second level. The home includes two full bathrooms on the upper level alongside a convenient half bath on the main floor.

Situated on an oversized lot that backs directly to a tranquil greenbelt, the exterior provides exceptional privacy and plenty of outdoor space to enjoy, complemented by a spacious two-car garage.

Conveniently located just minutes from major roads, popular shopping centers, and fantastic local dining, this property delivers incredible lifestyle value in a prime location.

At $218/sqft, this home is 5% 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

1202 Southwalk St, Georgetown, TX 78626

Property Details

Price $314,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,443 sqft
Lot Size 0.21 acres (9,047.41 sqft)
Year Built 1992
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Smith Branch Park
County Williamson
Zip Code 78626
$/sqft $218/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $5,274
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244621057
List Date September 3, 2026
Elementary School Annie Purl
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
1807 San Jose St
Coffee Add
$310,000 $242 2 bd / 2 ba 1,283 sqft , 2026-06-02
2041 Mottey St
Highcrest Mdw Sec 2
$319,990 $210 3 bd / 2 ba 1,524 sqft , 2026-06-05
89 Jan Ln
University Park Unit 2 Sec 1 Ph A
$299,000 $193 3 bd / 3 ba 1,546 sqft , 2026-04-10
1205 S Church St
Cody Add
$299,000 $266 3 bd / 2 ba 1,124 sqft , 2026-06-10
1701 E 19th St
University Park Sec 01
$329,900 $204 3 bd / 2 ba 1,618 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
$1,507/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
$62,800
20% conventional investment loan

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

Estimated Gross Rent+$1,507
Principal + Interest−$1,714
Property Tax (~2.1% TX avg)−$550
Insurance (~0.5%)−$131
Est. Monthly Cash Flow $-888

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 September 4, 2026.

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