Active Listing  ·  183 days on market

128 Las Colinas Dr

Georgetown, TX 78628
$595,000
5 Bed 4 Bath 3,540 sqft $168/sqft Built 2006 0.22 acres 3-Car Garage Pool Berry Creek

Nestled in the highly desirable Berry Creek community, this stunning 5-bedroom, 3.5-bath home offers 3,540 square feet of beautifully designed living space with breathtaking treetop and creek views. From the moment you enter, expansive windows along the back of the home showcase serene natural surroundings, creating a peaceful, resort-like atmosphere. ‘

The open-concept layout is ideal for both everyday living and entertaining, with a spacious family room flowing seamlessly into the kitchen—the true heart of the home—where you can enjoy picturesque views while cooking or gathering with guests. A private main-level primary suite provides a relaxing retreat, while upstairs features a large loft/game room, dedicated media room, and four additional bedrooms, offering plenty of space for family or guests.

Step outside to an elevated deck overlooking Berry Creek, where you can unwind and take in the sights and sounds of nature, including seasonal flowing water and abundant wildlife. Situated on a .22-acre lot with mature trees and located near the Berry Creek Country Club and golf course, this home combines scenic beauty with an active lifestyle.

A rare opportunity to own a spacious home with incredible views in one of Georgetown’s most established golf course communities. Minutes from I 35 and tolls.

90k in upgrades

At $168/sqft, this home is 27% 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

128 Las Colinas Dr, Georgetown, TX 78628

Property Details

Price $595,000
Status Active Listing
Beds 5
Full Baths 3
Half Baths 1
Living Area 3,540 sqft
Lot Size 0.22 acres (9,583.2 sqft)
Year Built 2006
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Berry Creek
County Williamson
Zip Code 78628
$/sqft $168/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $10,340.75
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT223535221
List Date March 24, 2026
Elementary School Raye McCoy
Middle School Charles A Forbes
High School Georgetown
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 · March 24, 2026 $720,000
Previous ask $649,500
Current ask $595,000
Reduced $125,000 (-17.4%) 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
1829 Willow Bean Dr
Berry Creek Highlands
$599,006 $197 5 bd / 5 ba 3,033 sqft , 2026-07-06
1800 Willow Bean Dr
Berry Creek Highlands
$599,971 $186 5 bd / 4 ba 3,221 sqft , 2026-06-05
1620 Willow Bean Dr
Berry Creek Highlands
$549,880 $193 4 bd / 4 ba 2,846 sqft , 2026-06-22
1704 Willow Bean Dr
Berry Creek Highlands
$549,661 $195 4 bd / 3 ba 2,823 sqft , 2026-04-30
1708 Willow Bean Dr
Berry Creek Highlands
$538,576 $209 4 bd / 3 ba 2,582 sqft , 2026-04-30

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
$2,856/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
$119,000
20% conventional investment loan

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

Estimated Gross Rent+$2,856
Principal + Interest−$3,247
Property Tax (~2.1% TX avg)−$1,041
Insurance (~0.5%)−$248
Est. Monthly Cash Flow $-1,680

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 August 31, 2026.

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