Active Listing  ·  306 days on market

128 Three Oaks Ln

Georgetown, TX 78628
$524,900
4 Bed 3 Bath 2,543 sqft $206/sqft Built 2022 0.13 acres 2-Car Garage Pool Wolf Ranch West Sec 1Bg

*** PRICE REDUCTION and $6500 Cash Credit to buyer towards closing costs or rate buy down *** — A rare opportunity in one of Georgetown's most desirable neighborhoods!

Welcome to this stunning northeast-facing, 2022-built home in the highly sought-after Wolf Ranch West community of Georgetown, Texas. With 4 bedrooms, 3 bathrooms, and 2,543 square feet of thoughtfully designed living space, this home blends upscale finishes with everyday livability.

A four-sided Winterlake brick exterior makes a striking first impression, while a dramatic 19-foot ceiling greets you in the entry and dining room. The chef's kitchen is the true showpiece — Miami White quartz countertops, a Kohler apron single-bowl stainless sink, white raised-panel cabinets with satin nickel pulls, extra upper cabinet storage, pendant lighting over the island, and a built-in gas cooktop with premium appliances.

High-end touches carry throughout the home: soaring ceilings, a spacious kitchen island, smart thermostat, recessed lighting, double vanities, and walk-in closets in every bedroom. An iron stair railing leads to an open loft overlooking the dramatic dining room below. Both the upstairs primary suite and downstairs secondary bath feature walk-in showers for a modern, spa-inspired feel.

Additional highlights include a whole-home integrated vacuum system, a covered back patio with railings, and Energy Star–qualified appliances. The wall-mounted Samsung 85" Neo QLED 4K Smart TV is included with the home.

Ideally located in Wolf Ranch, residents enjoy top-rated schools, resort-style amenities, and a prime location just minutes from historic Georgetown Square and 30 minutes from Austin — offering ideal orientation for natural light and energy efficiency.

See it for yourself: https://www.123threeoaks.com/

At $206/sqft, this home is 10% 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 Three Oaks Ln, Georgetown, TX 78628

Property Details

Price $524,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,543 sqft
Lot Size 0.13 acres (5,662.8 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Wolf Ranch West Sec 1Bg
County Williamson
Zip Code 78628
$/sqft $206/sqft
Days on Market ,
HOA $563/Semi-Annually
Annual Tax Est. $13,743.89
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT211307099
List Date November 21, 2025
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.

Schedule a Call →

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 · November 21, 2025 $585,000
Previous ask $534,900
Current ask $524,900
Reduced $60,100 (-10.3%) 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
318 Ridge Run Dr
River Ridge
$524,999 $194 3 bd / 3 ba 2,701 sqft , 2025-11-04
1812 Spring Mountain Cv
Wolf Ranch
$504,900 $245 3 bd / 3 ba 2,057 sqft , 2025-09-23
501 Texas Sky Dr
Wolf Ranch West Bend
$544,900 $229 4 bd / 3 ba 2,381 sqft , 2025-03-13
545 High Summit Dr
Wolf Ranch
$545,000 $274 3 bd / 3 ba 1,990 sqft , 2026-05-29
4221 Mercer Rd
Wolf Ranch West Ph 3 Sec 1A
$500,000 $220 4 bd / 3 ba 2,268 sqft , 2026-07-31

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
$104,980
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

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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 7, 2026.

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