About This Home

Enjoy the Southern Lifestyle in the quaint Pedestrian Friendly Windridge Village Neighborhood. Less than a mile from the San Gabriel Park Complex, The Public access to San Gabriel river, Blue Hole, Southwestern University and the Popular Downtown Square in Georgetown. Easy Access to 35 and 130 Toll Road. This charming home has Hardwood flooring thru out main living area, A large Screened in Patio Addition, full yard sprinkler system, Washer, Dryer, Refrigerator, Water Softener System, garage sink, landscaped yard. A private one car garage with opener for Parking your vehicle. A must see in this Charming Little Community. HOA is only 185.00 A year.

At $303/sqft, this home is priced 32% 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

1320 E 3rd St, Georgetown, TX 78626

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Property Details

Price $325,000

Status Active Listing

Beds 2

Full Baths 2

Half Baths ,

Living Area 1,074 sqft

Lot Size 0.09 acres (4,133.84 sqft)

Year Built 2003

Garage 1 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Windridge Village Rep

County Williamson

Zip Code 78626

$/sqft $303/sqft

Days on Market ,

HOA $185/Annually

Annual Tax Est. $5,192.86

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT246861784

List Date September 15, 2026

Elementary School Annie Purl

Middle School Charles A Forbes

High School East View

School District ,

Have Questions About This Property?

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

1807 San Jose St
Coffee Add $310,000 $242 2 bd / 2 ba 1,283 sqft , 2026-06-02

300 San Gabriel Village Blvd #512
Village Park Condo Amd $350,000 $263 2 bd / 2 ba 1,333 sqft , 2026-09-01

407 W 3rd St
South San Gabriel Urban Renewal Blk O $299,900 $351 3 bd / 1 ba 855 sqft , 2026-09-16

1205 S Church St
Cody Add $299,000 $266 3 bd / 2 ba 1,124 sqft , 2026-06-10

806 E 4th St
Shell Add $289,900 $261 2 bd / 1 ba 1,110 sqft , 2026-09-10

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

$1,560/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

$65,000

20% conventional investment loan

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

Estimated Gross Rent+$1,560

Principal + Interest−$1,774

Property Tax (~2.1% TX avg)−$569

Insurance (~0.5%)−$135

Est. Monthly Cash Flow $-918

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 →

About the Author

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 16, 2026.

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

1320 E 3rd St

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Georgetown, TX

More Luxury Homes in Georgetown

1320 E 3rd St

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Georgetown, TX

More Luxury Homes in Georgetown

Explore Austin Real Estate