Active Listing  ·  382 days on market

121 Larkspur Ln

Georgetown, TX 78633
$274,950
2 Bed 2 Bath 1,310 sqft $210/sqft Built 1996 0.16 acres 2-Car Garage Pool Sun City Georgetown Neighborhood 08A Pud Blk

Located in the sweet spot of this active-adult resort, this Sun City Texas Angelina plan was a former Vacation Getaway Home and is mere minutes from first-class amenities and local shopping. Backing up to a scenic pocket park with grill, the views are woodsy and pretty from the raised terrace-style Patio. Inside, nine-foot ceilings add airy appeal, while a wall of windows in the Great Room frame views of the park-side setting. The open Kitchen with Pantry Closet includes a refrigerator as well as gas cooking, while the adjacent Dining offers a bird's eye view of the magical park dotted with native trees. A full-view glass door off the Dining opens to a high Terrace, an absolutely perfect place for an umbrella table. At the rear of the home the Primary Bedroom hosts another fabulous view of the park, while the ensuite Primary Bath touts a roomy shower and generous Walk-In Closet. A high transom window provides natural lighting. Across the home, the front Guest Bedroom features a fun boxed-window viewing the landscaped front yard and streetscape, while adjacent a full Guest Bath presents another high transom window. The Laundry is the access point to the Two-Car Garage. With its sensational location and amazing views this home is one to visit and discover. By the way, almost all of the furnishings are included.

At $210/sqft, this home is 7% below the Georgetown active market average of $227/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

121 Larkspur Ln, Georgetown, TX 78633

Property Details

Price $274,950
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,310 sqft
Lot Size 0.16 acres (6,804.07 sqft)
Year Built 1996
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Sun City Georgetown Neighborhood 08A Pud Blk
County Williamson
Zip Code 78633
$/sqft $210/sqft
Days on Market ,
HOA $1,900/Annually
Annual Tax Est. $5,648.08
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT202422003
List Date July 18, 2025
Elementary School NA_Sun_City
Middle School NA_Sun_City
High School NA_Sun_City
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.

Schedule a Call →

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
275 Bonham Loop
Sun City Georgetown Nbrhd 24 B
$275,000 $197 2 bd / 2 ba 1,397 sqft , 2026-03-26
1602 Westwood Ln
Ryans Xing
$275,000 $179 3 bd / 3 ba 1,539 sqft , 2026-02-25
113 Honey Creek Trl
Sun City Georgetown Neighborhood 24B Pud
$275,000 $193 2 bd / 2 ba 1,426 sqft , 2026-04-18
225 Red Poppy Trl
Sun City Georgetown Ph 02 Neighborhood 10 Pud
$275,000 $175 2 bd / 2 ba 1,568 sqft , 2026-07-03
106 Verbena Dr
Sun City Georgetown Ph 01 Neighborhood 08b Pu
$270,000 $234 2 bd / 2 ba 1,153 sqft , 2026-06-23

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
$1,320/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
$54,990
20% conventional investment loan

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

Estimated Gross Rent+$1,320
Principal + Interest−$1,501
Property Tax (~2.1% TX avg)−$481
Insurance (~0.5%)−$115
Est. Monthly Cash Flow $-777

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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