Active Listing  ·  149 days on market

1216 Wolf Canyon Rd

Georgetown, TX 78628
$624,000
4 Bed 3 Bath 2,971 sqft $210/sqft Built 2026 0.23 acres 2-Car Garage Pool New Construction Wolf Ranch

Ready in September for an early fall move-in! Discover this stunning new Highland Home in the sought-after Wolf Ranch–West Bend community, featuring a spacious two-story floor plan with soaring vaulted ceilings and exceptional design throughout. Thoughtfully designed for both everyday living and entertaining, the main floor offers a private primary suite, dedicated study, and guest bedroom, while upstairs features two additional bedrooms, a full bathroom, loft, and entertainment room. The primary suite is a true retreat, complete with a bay window and beautifully appointed bath featuring a drop-in tub with shower, while a secondary bath offers a shower in lieu of a tub. Designer finishes elevate the home with gorgeous wood flooring, quartz countertops, upgraded cabinetry, a built-in hutch, and an open rail design throughout. Step outside to the extended outdoor living area and take in the amazing views of the greenbelt with no rear neighbors. A gas drop at the patio makes future outdoor entertaining even easier, while the private street adds an extra layer of tranquility. Located in Wolf Ranch–West Bend, residents enjoy award-winning amenities including miles of hike and bike trails, a fitness center, basketball and pickleball courts, splash pads, parks, and resort-style pools. With its exceptional views, versatile floor plan, beautiful finishes, and incredible community amenities, this home offers the perfect blend of luxury, comfort, and lifestyle.

At $210/sqft, this home is 8% 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

1216 Wolf Canyon Rd, Georgetown, TX 78628

Property Details

Price $624,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,971 sqft
Lot Size 0.23 acres (10,193.04 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Wolf Ranch
County Williamson
Zip Code 78628
$/sqft $210/sqft
Days on Market ,
HOA $1,120/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT227767037
List Date April 27, 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 · April 27, 2026 $697,690
Previous ask $654,000
Current ask $624,000
Reduced $73,690 (-10.6%) 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
1606 Crimson Sunset Dr
Wolf Ranch West Sec 7B
$624,000 $210 4 bd / 3 ba 2,971 sqft , 2025-12-05
1160 Flying Cloud Trl
Wolf Ranch West Bend
$619,900 $212 4 bd / 3 ba 2,919 sqft , 2026-06-08
1700 Crimson Sunset Dr
Wolf Ranch
$614,000 $237 4 bd / 4 ba 2,593 sqft , 2026-02-18
512 Summer Place Ln
Wolf Ranch
$599,900 $223 4 bd / 3 ba 2,694 sqft , 2026-04-18
520 High Summit Dr
Wolf Ranch
$599,000 $241 4 bd / 3 ba 2,486 sqft , 2026-04-27

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
$2,995/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
$124,800
20% conventional investment loan

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

Estimated Gross Rent+$2,995
Principal + Interest−$3,405
Property Tax (~2.1% TX avg)−$1,092
Insurance (~0.5%)−$260
Est. Monthly Cash Flow $-1,762

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 22, 2026.

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