Active Listing  ·  62 days on market

1357 Kneehigh Ln

Georgetown, TX 78633
$399,000
4 Bed 3 Bath 2,199 sqft $181/sqft Built 2022 0.14 acres 2-Car Garage Pool PARMER RANCH

Short sale and priced very competitively! Experience the best of Georgetown living in this beautifully designed 2022-built, 4-bedroom, 2.5-bath home with an open-concept floor plan perfect for relaxing or entertaining. Located in a vibrant master-planned community, residents enjoy resort-style amenities including a community pool, fitness center, scenic walking trails, parks, playgrounds, an amphitheater, and frequent neighborhood events. Just minutes from shopping, dining, historic downtown Georgetown, and major commuter routes, this home offers the perfect blend of comfort, convenience, and an active Texas lifestyle.

At $181/sqft, this home is 21% 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

1357 Kneehigh Ln, Georgetown, TX 78633

Property Details

Price $399,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,199 sqft
Lot Size 0.14 acres (6,185.52 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision PARMER RANCH
County Williamson
Zip Code 78633
$/sqft $181/sqft
Days on Market ,
HOA $50/Monthly
Annual Tax Est. $10,653.56
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240653627
List Date July 22, 2026
Elementary School Jo Ann Ford
Middle School Douglas Benold
High School Georgetown
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.

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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
1120 Stonehill Dr
Highland Village
$398,230 $177 3 bd / 3 ba 2,251 sqft , 2026-06-29
404 Veneta Ln
Highland Village
$397,866 $186 4 bd / 3 ba 2,142 sqft , 2026-07-07
116 Raleigh Dr
Highland Village Ph Ii
$395,000 $185 4 bd / 3 ba 2,135 sqft , 2026-06-08
104 Raleigh Dr
Highland Village Ph Ii
$395,000 $198 4 bd / 2 ba 1,993 sqft , 2026-08-07
1105 Stonehill Dr
Highland Village
$394,215 $170 4 bd / 4 ba 2,325 sqft , 2026-08-06

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
$1,915/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
$79,800
20% conventional investment loan

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

Estimated Gross Rent+$1,915
Principal + Interest−$2,178
Property Tax (~2.1% TX avg)−$698
Insurance (~0.5%)−$166
Est. Monthly Cash Flow $-1,127

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 3, 2026.

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