About This Home

MLS# 5660281 - Built by Century Communities - Ready Now! ~ The Fresno at Pinnacle at Heights at San Gabriel offers an inspired one-story layout with the perfect blend of versatility and comfort. As you enter from the generous front porch, the foyer leads to an open-concept kitchen—boasting a spacious center island and a charming dining area—plus a wide-open great room. You’ll also appreciate three sizable secondary bedrooms—perfect for a study or guest room—sharing a full hall bathroom. In the back of the home, you’ll find a private owner’s suite with a roomy walk-in closet and a deluxe owner’s bath with a walk-in shower.

At $229/sqft, this home is priced in line with the Georgetown market average of $229/sqft across 1,266 active listings. View Austin market report →

Location

1209 Lavender Way, Georgetown, TX 78628

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Property Details

Price $349,990

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 $229/sqft

Days on Market ,

HOA $95/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT223127842

List Date March 19, 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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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 19, 2026 $388,340

Previous ask $359,990

Current ask $349,990

▼ Reduced $38,350 (-9.9%) 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

109 Bruin Paw Dr
Shadow Canyon Ph 7 $350,000 $186 4 bd / 2 ba 1,880 sqft , 2026-05-18

5900 Whisper Creek D Dr #222
Heights at San Gabriel $349,950 $208 3 bd / 3 ba 1,680 sqft , 2025-11-08

1013 Bear Track Loop
Shadow Canyon Ph 2 $375,000 $203 4 bd / 2 ba 1,845 sqft , 2026-09-11

1201 Lavender Way
Heights at San Gabriel $389,990 $255 4 bd / 2 ba 1,531 sqft , 2026-05-12

341 Peace Pipe Way
Riverview $390,000 $223 4 bd / 2 ba 1,749 sqft , 2026-07-03

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

$1,680/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

$69,998

20% conventional investment loan

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

Estimated Gross Rent+$1,680

Principal + Interest−$1,910

Property Tax (~2.1% TX avg)−$612

Insurance (~0.5%)−$146

Est. Monthly Cash Flow $-988

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 →

About the Author

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 23, 2026.

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

1209 Lavender Way

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Georgetown, TX

More Luxury Homes in Georgetown

1209 Lavender Way

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Georgetown, TX

More Luxury Homes in Georgetown

Explore Austin Real Estate