Active Listing  ·  23 days on market

129 Shady Spring Trl

Georgetown, TX 78628
$679,900
4 Bed 3 Bath 3,475 sqft $196/sqft Built 2023 0.28 acres 2-Car Garage Pool Parkside on the River

Welcome to this beautiful, spacious home in the highly sought-after Parkside on the River community in Georgetown, zoned to Leander ISD (Parkside Elementary, Stiles Middle, and Rouse High School). This stunning 4-bedroom, 3-bathroom home offers 3,475 sq. ft. of thoughtfully designed living space, with the primary suite and a secondary bedroom conveniently located on the main floor. The gourmet kitchen features an oversized island, perfect for entertaining and everyday living. Thoughtful upgrades include Norman roller shades, a premium EcoWater water softener with a reverse osmosis (RO) system, a tankless water heater, and gutters on all sides of the home. Enjoy the Texas-size covered patio and a generous side yard with plenty of space to relax and play. Located within walking distance of the community park, amenity center, and pool, this home offers the perfect blend of comfort and an active outdoor lifestyle. Surrounded by lush greenery, scenic spaces, and beautiful community amenities, Parkside on the River is an ideal place to call home!

At $196/sqft, this home is 14% below the Georgetown active market average of $228/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

129 Shady Spring Trl, Georgetown, TX 78628

Property Details

Price $679,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 3,475 sqft
Lot Size 0.28 acres (12,283.92 sqft)
Year Built 2023
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Parkside on the River
County Williamson
Zip Code 78628
$/sqft $196/sqft
Days on Market ,
HOA $70/Monthly
Annual Tax Est. $18,550
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT250364635
List Date October 20, 2026
Elementary School Parkside
Middle School Stiles
High School Rouse
School District Leander ISD

Leander ISD

Parkside · Stiles · Rouse

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 · October 20, 2026 $689,900
Current ask $679,900
▼ Reduced $10,000 (-1.4%) 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
1421 Cypress Paul St
Parkside Peninsula
$674,990 $229 5 bd / 5 ba 2,946 sqft , 2026-05-22
1420 Purple Petunia Ln
Parkside On The River
$674,072 $228 4 bd / 3 ba 2,951 sqft , 2026-05-28
300 Dorothy Mae Cir
Parkside on the River
$669,900 $252 4 bd / 4 ba 2,662 sqft , 2026-07-28
4021 Waxahachie Rd
Edgewood
$669,889 $209 5 bd / 5 ba 3,200 sqft , 2026-11-06
1112 Pansy Trl
Parkside on the River
$694,900 $240 4 bd / 3 ba 2,892 sqft , 2026-07-20

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
$3,264/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
$135,980
20% conventional investment loan

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

Estimated Gross Rent+$3,264
Principal + Interest−$3,710
Property Tax (assumed ~2.1%)−$1,190
Insurance (assumed ~0.5%)−$283
Est. Monthly Cash Flow $-1,919

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 4, 2026.

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

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