Active Listing  ·  6 days on market

1316 Glen Heather Dr

Georgetown, TX 78633
$717,900
4 Bed 4 Bath 2,694 sqft $266/sqft Built 2027 0.14 acres 2-Car Garage Pool New Construction PARMER RANCH

A two-story entry leads past a home office with French doors to the open living areas. At the heart of the home, the kitchen offers a 5-burner gas cooktop, a center island, and a walk-in pantry. The dining area flows between the kitchen and the light-filled two-story family room, which features a wood mantel fireplace, a wall of windows and access to the covered patio. A secluded primary suite at the rear of the home highlights a wall of windows in the bedroom and offers double-door entry to the primary bath with dual vanities, a freestanding tub, a glass-enclosed shower, and a walk-in closet. A secondary bedroom and a full bath complete the first level. Upstairs, a game room overlooks the family room and dining area below. Two secondary bedrooms and a full bath complete the second level. Additional features include a half bath, a utility room, and a mud room off the two-car garage.

At $266/sqft, this home is priced 17% above the Georgetown active market average of $228/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1316 Glen Heather Dr, Georgetown, TX 78633

Property Details

Price $717,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,694 sqft
Lot Size 0.14 acres (6,246.5 sqft)
Year Built 2027
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision PARMER RANCH
County Williamson
Zip Code 78633
$/sqft $266/sqft
Days on Market ,
HOA $75/Monthly
Annual Tax Est. $2,363.51
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT251954109
List Date November 6, 2026
Elementary School Jo Ann Ford
Middle School Douglas Benold
High School Georgetown
School District Georgetown ISD

Georgetown ISD

Jo Ann Ford · Douglas Benold · Georgetown

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
709 Estacado Ln
Parmer Ranch
$699,900 $250 4 bd / 4 ba 2,797 sqft , 2026-10-26
1308 Glen Heather Dr
Parmer Ranch
$751,900 $223 4 bd / 3 ba 3,379 sqft , 2026-11-10
216 Independence Dr
Mission Oaks Ph 1
$674,000 $247 4 bd / 3 ba 2,726 sqft , 2026-05-22
132 Huerta Rd
San Augustin
$775,000 $252 4 bd / 4 ba 3,075 sqft , 2026-06-12
508 Lightstone Dr
Parmer Ranch 60
$779,900 $235 5 bd / 4 ba 3,323 sqft , 2026-07-27

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
$3,446/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
$143,580
20% conventional investment loan

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

Estimated Gross Rent+$3,446
Principal + Interest−$3,918
Property Tax (assumed ~2.1%)−$1,256
Insurance (assumed ~0.5%)−$299
Est. Monthly Cash Flow $-2,027

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 7, 2026.

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

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