Active Listing  ·  112 days on market

1236 Scenic Green Loop

Georgetown, TX 78628
$535,000
4 Bed 3 Bath 2,319 sqft $231/sqft Built 2025 0.29 acres 2-Car Garage Pool Parkside on the River

Move-in ready single-story home situated on one of the largest lots in the neighborhood - a sprawling .28 acre corner lot in the sought-after Parkside on the River. This four bedroom, three full bath layout is designed for effortless living with flexibility for your needs. The open concept boasts island kitchen with counter seating, separate dining room and generous living space. Popular split floorplan with flex room for an office, playroom or secondary living. The outdoor space truly sets this property apart, featuring a stone fireplace, covered pergola with string lights, and raised garden beds. The oversized lot provides privacy that is hard to find, and backs to greenspace. Conveniently located with close proximity to nearby shops and eateries, Parkside on the River offers hike n bike trails, parks, community pool and amentity center.

At $231/sqft, this home is priced in line with the Georgetown market average of $228/sqft across 1,178 active listings. View Austin market report →

Location

1236 Scenic Green Loop, Georgetown, TX 78628

Property Details

Price $535,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,319 sqft
Lot Size 0.29 acres (12,501.72 sqft)
Year Built 2025
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Parkside on the River
County Williamson
Zip Code 78628
$/sqft $231/sqft
Days on Market ,
HOA $840/Annually
Annual Tax Est. $13,749.68
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240127705
List Date July 23, 2026
Elementary School Wolf Ranch Elementary
Middle School James Tippit
High School East View
School District Georgetown ISD

Georgetown ISD

Wolf Ranch Elementary · James Tippit · East View

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 · July 23, 2026 $599,000
Previous ask $570,000
Current ask $535,000
▼ Reduced $64,000 (-10.7%) 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
281 Rivers Edge Dr
Riverview
$536,190 $200 5 bd / 3 ba 2,683 sqft , 2026-07-01
417 Dorothy Mae Cir
Parkside on the River
$539,460 $263 4 bd / 3 ba 2,051 sqft , 2026-10-20
413 Dorothy Mae Cir
Parkside on the River
$524,799 $273 4 bd / 3 ba 1,925 sqft , 2026-10-06
1117 Pansy Trl
Parkside on the River
$524,216 $219 3 bd / 3 ba 2,399 sqft , 2026-09-28
105 Dorothy Mae Cir
Parkside on the River
$549,900 $225 4 bd / 3 ba 2,442 sqft , 2026-08-10

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
$2,568/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
$107,000
20% conventional investment loan

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

Estimated Gross Rent+$2,568
Principal + Interest−$2,920
Property Tax (assumed ~2.1%)−$936
Insurance (assumed ~0.5%)−$223
Est. Monthly Cash Flow $-1,511

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 · 41 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. The written content was last updated on November 8, 2026.

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

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