Active Listing  ·  26 days on market

1325 Texas Ash Ln

Georgetown, TX 78628
$489,900
4 Bed 3 Bath 2,381 sqft $206/sqft Built 2023 0.15 acres 2-Car Garage Pool PARKSIDE ON THE RIVER

Better than New! Welcome to this barely lived-in home in Parkside on the River, offering the style and quality of new construction with thoughtful upgrades already in place. Located in Leander ISD and priced below current new construction, this home offers a like-new experience with custom touches already completed.

The open-concept design features 4 bedrooms plus a versatile flex room ideal for a media room, study, or 5th bedroom. The living room is anchored by a custom stacked-stone electric fireplace, while upgraded blinds and roller shades add a finished look throughout. Eight-foot doors enhance the modern design.

The beautifully upgraded kitchen features Level 5 granite, abundant cabinetry, and an open layout connecting seamlessly to the dining and living areas. The luxurious primary bath offers dual vanities, a separate soaking tub, and walk-in shower.

Additional features include 4-sides masonry, full sprinkler system, water purifier and softener, and LEED certification. Refrigerator, washer, dryer, and mounted TVs convey with the home. Custom built-in bar with mini fridge (mini fridge conveys). Full gutters added as well.

Parkside on the River offers a community pool, parks, hike and bike trails, and pickleball courts. Barely lived in and move-in ready, this home offers the opportunity to enjoy a like-new home with upgrades and custom touches already completed.

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

1325 Texas Ash Ln, Georgetown, TX 78628

Property Details

Price $489,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,381 sqft
Lot Size 0.15 acres (6,490.44 sqft)
Year Built 2023
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision PARKSIDE ON THE RIVER
County Williamson
Zip Code 78628
$/sqft $206/sqft
Days on Market ,
HOA $210/Quarterly
Annual Tax Est. $13,189.28
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245029605
List Date August 28, 2026
Elementary School Parkside
Middle School Stiles
High School Rouse
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 · August 28, 2026 $495,000
Current ask $489,900
Reduced $5,100 (-1.0%) 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
121 Amber Oak Ln
Parkside on the River
$491,538 $217 4 bd / 3 ba 2,261 sqft , 2026-04-13
104 Annamae Green Cv
Parkside on the River
$499,900 $256 3 bd / 3 ba 1,950 sqft , 2026-07-28
229 Bluff Creek Ln
Parkside on the River
$499,900 $205 4 bd / 3 ba 2,444 sqft , 2026-09-08
328 Terrene Trl
Parkside/River Ph 2 Sec 4 & 7
$499,990 $167 5 bd / 4 ba 2,998 sqft , 2026-09-12
1129 Pansy Trl
Parkside on the River
$501,586 $241 3 bd / 2 ba 2,078 sqft , 2026-01-21

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
$2,352/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
$97,980
20% conventional investment loan

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

Estimated Gross Rent+$2,352
Principal + Interest−$2,674
Property Tax (~2.1% TX avg)−$857
Insurance (~0.5%)−$204
Est. Monthly Cash Flow $-1,383

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

More Luxury Homes in Georgetown

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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 5, 2026.

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