Active Listing  ·  6 days on market

124 Cold Springs Dr

Georgetown, TX 78633
$525,000
3 Bed 3 Bath 2,066 sqft $254/sqft Built 1995 0.20 acres 2-Car Garage Pool Sun City Texas

Beautifully updated Del Webb-built San Gabriel floor plan with golf and water views! Inside, gleaming engineered wood floors extend throughout the living areas—no carpet anywhere—creating a warm, inviting feel. 10 ft. ceilings add to the sense of spaciousness, while an office/3rd bedroom and separate hobby room provide flexibility for working, creating or pursuing favorite interests. The formal living area offers an elegant gathering space, while the separate family room features a fireplace and opens beautifully to the kitchen. The kitchen is designed for both everyday living and entertaining, with natural wood cabinetry, quartz countertops, stainless steel appliances, two ovens, microwave, gas cooktop, pantry and an oversized island with generous bar seating. The serene primary suite features a charming bay window with golf views and a private en suite bath with quartz countertops. The guest bedroom also enjoys its own en suite bath with quartz countertops. Throughout the home, 2-inch faux-wood Venetian blinds provide classic style and easy light control. The expanded east-facing back patio is the perfect place to begin and end your day, complete with a seating wall, mature trees, and panoramic views of Legacy Hills 17th fairway and its scenic pond. An extended garage offers additional storage, while its floored attic provides even more valuable space. Located just minutes from 3 golf courses and 4 amenity centers, with convenient access to medical care, restaurants, historic downtown Georgetown and I-35 for an easy trip into Austin for its dining, entertainment and nightlife. Come meet new friends, learn something new, travel, join a club—or simply relax on your back patio watching the deer wander by while listening to the birds. This is more than a home; it is a place to enjoy the lifestyle you always imagined for retirement. Leaf guards on gutters, Roof 2020, HVAC 2021, Water Heater 2022, Water Softener 2025, Fireplace 2026

At $254/sqft, this home is priced 11% above the Georgetown active market average of $229/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

124 Cold Springs Dr, Georgetown, TX 78633

Property Details

Price $525,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,066 sqft
Lot Size 0.20 acres (8,563.9 sqft)
Year Built 1995
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Sun City Texas
County Williamson
Zip Code 78633
$/sqft $254/sqft
Days on Market ,
HOA $1,960/Annually
Annual Tax Est. $7,573.01
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243491293
List Date September 16, 2026
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.

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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
125 Crystal Springs Dr
Sun City Georgetown Neighborhood 02 Amd B
$525,000 $250 2 bd / 3 ba 2,100 sqft , 2026-08-28
103 Black Walnut Cir
Sun City Georgetown Neighborhood 07
$539,000 $204 2 bd / 3 ba 2,636 sqft , 2026-07-12
104 Wild Rose Dr
Sun City Neighborhood 03
$539,000 $222 2 bd / 3 ba 2,430 sqft , 2026-07-28
101 Morning Glory Cir
Sun City Georgetown Neighborhood 06 Amd B
$489,100 $234 2 bd / 3 ba 2,086 sqft , 2026-07-24
105 Stetson Cir
Sun City Georgetown
$479,900 $209 2 bd / 2 ba 2,295 sqft , 2026-06-08

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
$2,520/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
$105,000
20% conventional investment loan

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

Estimated Gross Rent+$2,520
Principal + Interest−$2,865
Property Tax (~2.1% TX avg)−$919
Insurance (~0.5%)−$219
Est. Monthly Cash Flow $-1,483

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

More Luxury Homes in Georgetown

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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 →