Active Listing  ·  56 days on market

1332 Cypress Paul St

Georgetown, TX 78628
$774,900
4 Bed 3 Bath 2,513 sqft $308/sqft Built 2027 0.25 acres 2-Car Garage Pool Parkside Peninsula
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About This Home

Extended entryway with 12-foot ceilings. Game room with French doors frame the entry. Spacious family room with a wall of windows. Open kitchen offers an island with built-in seating space and a corner walk-in pantry. Primary suite with a wall of windows. Dual vanities, garden tub, separate glass enclosed shower and two walk-in closets in the primary bath. Guest suite just off the extended entry with a full bathroom and walk-in closet. Secondary bedrooms with walk-in closets. Utility room with private access to the primary bathroom. Covered backyard patio. Mud room just off the two-car garage.

At $308/sqft, this home is priced 35% 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

1332 Cypress Paul St, Georgetown, TX 78628

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Property Details

Price $774,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,513 sqft
Lot Size 0.25 acres (11,025.04 sqft)
Year Built 2027
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Parkside Peninsula
County Williamson
Zip Code 78628
$/sqft $308/sqft
Days on Market ,
HOA $70/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247107976
List Date September 17, 2026
Elementary School Tarvin
Middle School Stiles
High School Rouse
School District Leander ISD

School District

Leander ISD

Tarvin · Stiles · Rouse

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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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 · September 17, 2026 $792,900
Previous ask $839,900
Current ask $774,900
▼ Reduced $18,000 (-2.3%) 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
107 Patricia Rd
Whitetail $774,900 $335 3 bd / 2 ba 2,316 sqft , 2026-02-04
1341 Cypress Paul St
Parkside Peninsula $799,900 $312 4 bd / 4 ba 2,561 sqft , 2026-09-15
1487 Cypress Paul St
PARKSIDE PENINSULA $799,900 $286 4 bd / 4 ba 2,796 sqft , 2026-10-07
1483 Cypress Paul St
PARKSIDE PENNINSULA $799,900 $308 4 bd / 3 ba 2,595 sqft , 2026-10-27
1495 Cypress Paul St
Parkside Peninsula $803,900 $273 4 bd / 4 ba 2,942 sqft , 2026-09-04

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
$3,720/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
$154,980
20% conventional investment loan

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

Estimated Gross Rent+$3,720
Principal + Interest−$4,229
Property Tax (assumed ~2.1%)−$1,356
Insurance (assumed ~0.5%)−$323
Est. Monthly Cash Flow $-2,188

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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Austin Luxury Homes Sell a Luxury Home Homes with Pool Sell Home Over $2M Investment Properties Rental Properties 1031 Exchange Austin BRRRR Method Austin Austin Market Report Contact Luke Allen
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 6, 2026.

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

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